Exxon Mobil to discontinue operations at Russia's Sakhalin-1

Exxon Mobil Corp said on Tuesday it is starting a process to discontinue operations and developing steps to exit the Sakhalin-1 venture in Russia.

Source: www.reuters.com

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(Reuters) - Exxon Mobil Corp said on Tuesday it is starting a process to discontinue operations and developing steps to exit the Sakhalin-1 venture in Russia.

The company said it would not invest in new developments in Russia.

Reporting by Shivani Tanna in Bengaluru; Editing by Subhranshu Sahu

01-03-2022

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