Exxon pulling out of joint oil projects with Rosneft due to anti-Russia sanctions

martin

8 years ago

Published time: 28 Feb, 2018 22:27 Edited time: 28 Feb, 2018 22:34

American oil giant Exxon Mobil Corp has announced its withdrawal from exploration and research projects with Russia’s Rosneft. The move, linked to Western powers’ anti-Russia sanctions, will cost Exxon some $ 200 million in losses.

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