MOSCOW -- Russia is bolstering cooperation with India in oil and defense, hoping to use its ties to the key Asian partner to its advantage in its rivalry with Washington.
Indian oil companies will join the $157 billion Vostok Oil development project in the Arctic, Russian state energy major Rosneft said Wednesday. Rosneft CEO Igor Sechin and Dharmendra Pradhan, India's petroleum minister, agreed in New Delhi to form a working team to iron out the details.
