U.S. companies could also feel sting of latest Russia sanctions

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Energy companies top the list of U.S. firms doing business in Russia that could see dip in revenue over tense U.S.-Russia relations.Also put in a precarious spot is Exxon Mobil XOM , which signed a huge deal with Moscow-backed oil company Rosneft three years ago to form a joint venture to extract oil and natural gas from the Arctic Ocean. Both companies have reportedly invested billions of dollars in the partnership, which now could be in jeopardy despite the fact that a drilling rig was already en route to the icy waters North of Russia from Norway last week.

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Born in Long Island public school year in Sweden as exchange student, went to Harvard one year, Cooper Union in NYC as Art student. Have two children, one of whom is rock mogul, the other has three daughters, one of whom has two daughters, making me (more...)

Related Topic(s): Energy; Oil; Russia; Russian Space Program; Sanctions, Add Tags

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