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Exxon Mobil Eyes Return to Russia's Sakhalin-1 Project

8/28/2025

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Story summary
  • Exxon Mobil executives are in talks with Russia's Rosneft about rejoining the Sakhalin-1 project, pending U.S. and Russian approval.
  • This comes after Exxon's withdrawal from Russia in 2022 due to sanctions.
  • The discussions indicate potential energy collaboration linked to ongoing diplomatic negotiations.