Russia appears to open door for potential Exxon return to Sakhalin-1 project (XOM:NYSE)

Russia appears to open door for potential Exxon return to Sakhalin-1 project (XOM:NYSE)

Russia's President Putin has signed a decree that could allow foreign investors, including Exxon Mobil, to regain shares in the Sakhalin-1 oil and gas project.

Putin’s decree on Sakhalin-1 will allow Exxon to regain its stake in the oil project

By Alexander Miller, consultant in energy markets. Eurasia Business News, August 17, 2025. Article n°1718 A decree signed by Russian President Vladimir Putin on August 15 on the conditions for foreigners to obtain a stake in the operator of the Sakhalin-1 oil and gas project may allow the U.S. oil and gas corporation ExxonMobil to return its stake in the project. On Friday, Vladimir Putin supplemented the conditions for foreigners to obtain a st…

Russia decree opens door for Exxon return to Sakhalin-1 project

MOSCOW,  (Reuters) – Russian President Vladimir Putin on Friday signed a decree that could allow foreign investors, including top U.S. The article Russia decree opens door for Exxon return to Sakhalin-1 project appeared first on Stabroek News.