By Yuka Obayashi TOKYO – Japan intends to keep a stake in the Sakhalin-1 oil and gas project in Russia, industry minister Koichi Hagiuda said on Monday, after Russia temporarily…
MOSCOW – Russia accused U.S. energy major ExxonMobil on Thursday of unilaterally stopping oil production at a Pacific joint venture, raising the stakes in a standoff with the western oil…
TOKYO – Japanese trading house Marubeni Corp said on Friday it had cut its exposure to Russia by 12.6 billion yen ($97 million) in the year just ended, mainly by…
By Florence Tan and Sabrina Valle (Reuters) -Exxon Mobil Corp said on Wednesday its Russian unit Exxon Neftegas Ltd has declared force majeure for its Sakhalin-1 operations due to sanctions…
– 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…