US oil giant declares Russia force majeure ...News

ExxonMobil has been having difficulties with export shipments from the Sakhalin 1 project ExxonMobil said on Wednesday that its Russian unit Exxon Neftegas has declared force majeure for its Sakhalin 1 operations due to sanctions. It has become increasingly difficult to ship crude to customers, the company explained. The Sakhalin 1 project produces Sokol crude oil off the coast of Sakhalin Island in Russia’s Far East, exporting about 273,000 barrels per day, mainly to South Korea, as well as other destinations including Japan, Australia, Thailand, and the US. Exxon announced last month it would exit about $4 billi

Hence then, the article about us oil giant declares russia force majeure was published today ( Tuesday 03/05/2022 - 08:00 PM ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( US oil giant declares Russia force majeure )

Also on site :

• INCERGO S.A. PROGRESSION DE LA FUSION AVEC VISUAL SEMICONDUCTOR PAR L'ÉMISSION D'ACTIONS ET PRÉSENTATION D'ÉCRANS 3D SANS LUNETTE AU SALON DE L'ÉLECTRONIQUE GRAND PUBLIC DE LAS VEGAS
• Nigeria: Govt Unveils 2026 Economic Growth Agenda, Set to Prioritise Jobs, Investments
• Russia’s Sanctioned LNG Finds a Growing Market in China