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Exxon Mobil exits Russia after Kremlin’s ‘expropriation blackmail’

Por: MarketWatch Business October 20, 2022

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“We have safely exited Russia following the expropriation,” Exxon Mobil said in a statement. “With two decrees, the Russian government has unilaterally terminated our interests in Sakhalin-1 and the project has been transferred to a Russian operator.” A host of U.S. companies have extricated themselves from Russia in recent months in response to the Kremlin’s February invasion of Ukraine. But the risk of asset seizure is very real for... + full article



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