Exxon's Potential Re-entry into Sakhalin-1 Oil Project
Sector: Oil and Gas • Location: Sakhalin, Russia
Source: Crude Oil Prices Today | OilPrice.com
The United States and Russia are discussing economic cooperation including the potential return of ExxonMobil to the Sakhalin-1 oil and gas development project in Russia. Exxon had exited the project following the Russian invasion of Ukraine. Russia amended its decree to allow foreign companies to return to the project, and secret talks between Exxon and Rosneft have taken place regarding Exxon's
- Status
- Prospective
- Sector
- Oil and Gas
- Location
- Sakhalin, Russia
- Updated
- 22 Jul 2026
- Source
- Crude Oil Prices Today | OilPrice.com
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The United States and Russia are discussing economic cooperation including the potential return of ExxonMobil to the Sakhalin-1 oil and gas development project in Russia. Exxon had exited the project following the Russian invasion of Ukraine. Russia amended its decree to allow foreign companies to return to the project, and secret talks between Exxon and Rosneft have taken place regarding Exxon's return. |
Original sector | Energy |
Location
Country | Russia |
City | Sakhalin |
Source
Source | Crude Oil Prices Today | OilPrice.com |
URL |
More Details
Record type | Project |
Sector | Oil and Gas |
Article published date | 2025-09-20 |
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