US oil giant leaves Russia empty-handed

Oct 18th 2022 8:29am EDT

ExxonMobil leaves behind a major stake in the Sakhalin-1 oil and gas project US energy giant ExxonMobil announced on Monday that it has left Russia completely, discontinuing operations in the Sakhalin-1 project in the country’s Far East, after it was transferred to a local entity. “With two decrees, the Russian government has unilaterally terminated our […]

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