LNG leader ExxonMobil set to take hit of $4Bln from Russian pull-out from Sakhalin oil project in Far East
Wednesday, 02 March 2022
US major ExxonMobil with LNG production stakes in nations like Qatar, Australia, Papua New Guinea and at Golden Pass in Texas has become the latest energy company to quit Russia over the Ukrainian invasion and is expected to take a hit on earnings of up to $4 billion by leaving behind mainly oil interests in the Russian Far East.
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Tagged under
- ExxonMobil
- ExxonMobil oil
- ExxonMobil oil and gas
- Qatar LNG
- Golden Pass LNG
- Papua New Guinea LNG
- Gorgon LNG
- Sakhalin oil project
- Russian Far East oil and gas
- Vladivostok oil and gas zone
- Sakhalin II LNG
- impairments for Russian energy
- western energy financial hits
- Western oil and gas impairments
- Rex Tillerson
- Vladimir Putin
- Nord Stream II
- Yamal LNG
- Arctic LNG II
- Glencore LNG
- Glencore commodities
