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![]() Stavanger, Norway (UPI) Aug 25, 2014 Norwegian energy company Statoil stands by its partners in Russia, though Western sanctions do present some obstacles, the company's top executive said Monday. Rosneft last week announced it started an exploration program in the Barents Sea through a partnership with Statoil. Rosneft was the target of Western economic sanctions imposed in response to the Kremlin's stance on crises in Ukraine. Statoil Chief Executive Officer Helge Lunde said Rosneft is a steady partner, though sanctions h ... read more ![]() |
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