Exxon Mobil leaves Russian market completely

Energy
  • 18 October, 2022
  • 04:53
Exxon Mobil leaves Russian market completely

Exxon Mobil Corp (XOM.N) said on Monday that it left Russia completely after Russia seized its share in major oil project Sakhalin-1, Report informs, citing Reuters.

"We made every effort to engage with the Russian government and other stakeholders," the Exxon spokesperson said.

Exxon did not say if it received any compensation for the assets, which it had valued at more than $4 billion.