ExxonMobil will exit the Sakhalin-1 oil project in Russia, following the example of other Big Oil majors, including BP and Shell, who quit their Russian operations following the Russian invasion of Ukraine and the Western sanctions in response. “ExxonMobil supports the people of Ukraine as they seek to defend their freedom and determine their own future as a nation.
We deplore Russia’s military action that violates the territorial integrity of Ukraine and endangers its people,” the company said in a news release.“We are…ExxonMobil Quits Russia
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