US oil giant declares Russia force majeure

May 3rd 2022 12:48pm EDT

ExxonMobil has been having difficulties with export shipments from the Sakhalin 1 project ExxonMobil said on Wednesday that its Russian unit Exxon Neftegas has declared force majeure for its Sakhalin 1 operations due to sanctions. It has become increasingly difficult to ship crude to customers, the company explained. The Sakhalin 1 project produces Sokol crude […]

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