News
02 March 2022

Exxon to exit Russia, leaving $4bn in assets, Sakhalin LNG project in doubt

In:
Oil & gas
Region:
Europe

Exxon Mobil has announcd that it will exit Russia oil and gas operations that it has valued at more than $4 billion and halt new investment as a result of Moscow's invasion of Ukraine.The decision will see Exxon pull out of managing large oil and gas production facilities on Sakhalin Island in...

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