Shell's Fresh Arctic Oil Exploration Attempt
Shell to sign Russian Arctic deal with Gazprom Neft, Kremlin reveals.
Gazprom Neft is the majority-owned, oil-focused arm of gas giant Gazprom, which is in turn majority-owned by the Russian state.
The deal comes just weeks after Shell was forced to delay its high-profile exploration campaign in the Alaskan Arctic for another year after a series of setbacks blighted its campaign in 2012.
Source: The Telegraph