Russia looks to West for oil tech

Shale trove locked tight without ‘fracking’ know-how

Posted: June 18, 2014 at 2:37 a.m.

Visitors at the 21st World Petroleum Congress in Moscow gather at the Skolkovo Foundation display Monday. The foundation is a scientific and technological agency in Russia.

Even as the decision to stop natural gas supplies to Ukraine aggravates tensions with the United States and Europe, Russia faces a dilemma: It still needs Exxon Mobil, Halliburton and BP to maintain output from Soviet-era oil fields and to develop Arctic and shale reserves.

This story is only available from our archives.