-ExxonMobil and Rosneft have signed a Declaration on Protection of the Environment and Biodiversity for Oil and Gas Exploration and Development on the Russian Arctic Continental Shelf.
Russian deal for TNK-BP may be Rosneft's last major bid.
Rosneft could be in the market to buy BP's share of troubled Russian joint venture
Latest figures show new high in post-Soviet oil output.
Chinese and Russian producers are set to build a multi-billion dollar refinery for 2015.
BP's Rosneft deal fails after the companies and AAR are unable to strike a deal over TNK-BP.
BP is facing more turbulent waters with a stormy AGM in London and a touch-and-go deal in Russia.
ExxonMobil sets a new drilling record and plans expansion in Black Sea exploration.