ENERGY
Exxon Signs Deal With Russia: The Irving, Texas-based oil giant and the Russian government approved a deal that will divvy up the oil and gas pulled from a $15-billion project off Sakhalin Island in eastern Russia. The agreement was signed at a ceremony in Moscow by representatives of the Russian Federation, the Sakhalin Oblast and the four participating companies. Exxon Corp. and a consortium of Japanese companies will each have a 30% share of the project, and two Russian companies have a combined stake of 40%. Exxon will operate the project.
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