ExxonMobil May Return to Sakhalin-1, Two Years After Putin’s Takeover

• Sunday, 17th August 2025
• by Fatma Ahmed

Russia’s President Vladimir Putin has signed a decree that enables foreign investors, including US. ExxonMobil, to reclaim its stake in the Sakhalin-1 oil and gas project, Reuters reported. Sakhalin-1 is a major oil a...

Japan to Maintain Its Stake in Sakhalin-1 Oil Project

• Monday, 8th August 2022
• by Israa Ibrahim

After Russia temporarily banned Western investors from selling shares in key energy projects, Japan’s minister for economy, trade and industry Koichi Hagiuda stated that the country intends to keep a stake in th...