Tag: ExxonMobil

ExxonMobil suspends Russian Far East LNG project, Interfax reports

ExxonMobil (XOM.N) has suspended its liquefied natural gas project in Russia’s Far East, Interfax news agency quoted a Russian governor as saying on Monday, after the firm announced plans to quit the country following Western sanctions. ExxonMobil said last month it would exit its Russian oil and gas operations, which it had valued at more than $4 billion, and halt…