Keystone XL will not lessen U.S. dependence on foreign oil, but rather transport Canadian oil to American refineries for export to overseas markets.
Day: August 31, 2011
Exxon Beats BP to Arctic Prize
It will not just be Bob Dudley from BP who will be aghast at the news that Exxon and Rosneft have signed a historical deal to develop Arctic oil reserves, but many people from Alaska too. Just months after BP failed in a bid to form a strategic alliance with Rosneft, ExxonMobil has outsmarted its … Read More