BP and Russia in Arctic oil deal

BP have signed a joint venture with Russian energy firm Rosneft to exploit potentially huge deposits of oil and gas on Russias arctic shelf.

http://www.bbc.co.uk/news/business-12195576

Read the above article and watch the news clip for more information. Here are some questions to consider, particularly Year 13 geographers studying energy conflicts.

1. Why might some people be concerned by this alliance?
2. How and why has BP's reputation and image declined in the last twelve months?
3. What are the advantages of the alliance?
4. What are the disadvantages of the alliance?