If Exxon Mobil Corporation Can Work With Russia, Then Why Not BP plc?

BP (LSE: BP) warned investors that further sanctions against Russia could impact its operations and earnings, due largely to its part-ownership of Russian oil giant Rosneft. Yet Exxon Mobile (NYSE: XOM.US) just kicked off a joint venture in Russia with the very same Russian firm. What gives?

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Owain Bennallack has no position in any shares mentioned. The Motley Fool has no position in any of the shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.