...
].
Exxon Mobile is that at the time of signing the documents, Rosneft was not under sanctions prohibiting the activity under the documents signed by the companies (most of them memorialized the extension of pre-existing agreements, for example, on joint projects in the Arctic and related to natural gas development in the Russian Far East). At the same time, the sanctions were applied to Igor Sechin’s assets and activity only in his individual capacity [
8
, p. 2], so his activity as the CEO of Rosneft, ExxonMobil thinks, is not covered by the sanctions since the inclusion of a person in ...
The West’s response to Russia’s actions in Ukraine has been to sanction and attempt to isolate Russia.... ...
Russia holds
6.87% of the world’s proven oil reserves and 17.4% of its proven gas reserves, and is the fourth largest carbon emitter. It is the world’s largest... ...
To the north, Russia recently
submitted a claim
to over 463,000 square miles of the Arctic, and its Arctic zone is expected to contain the majority of the region’s...
... recoverable reserves of 130 million tonnes of oil and 500 billion cubic metres of natural gas
[2]
. It should be noted that the region where the drilling is taking place is... ... Drilling for the use of six offshore drilling rigs in its shelf projects, including its Arctic shelf projects, until 2022
[3]
. To increase access to its drilling fleet, Rosneft... ... governments, including those of the United States, the European Union and Norway, imposing sanctions against Russia in various sectors of the economy during the second half of 2014. These included...
