Exxon-Russia Talks About Recompense, Not a Return

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Exxon Mobil CEO Darren Woods said Thursday that ongoing talks between the company and Russian officials are focused solely on recouping losses tied to its expropriated stake in the Sakhalin-1 oil venture, not a path for the US major's return as an investor.

Topics:
Majors, Corporate Strategy, Ukraine Crisis, Military Conflict, Sanctions, Resource Access
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