WSJ News Exclusive | Exxon Escalates Dispute With Russia Over Barred Exit From Giant Oil Project

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Exxon has notified Russian officials it will sue the federal government unless Moscow allows the company to exit a major oil-and-gas project, according to people familiar with the matter

Exxon Mobil Corp. has notified Russian officials it will sue the federal government unless Moscow allows the company to exit a major oil-and-gas project, according to people familiar with the matter.

through the end of the year has blocked Exxon since early August from transferring operatorship and selling its 30% stake in the Sakhalin-1 venture in Russia’s Far East. Before the decree, Exxon had said in regulatory filings that it was transitioning operating activities to another party following Russia’s invasion of Ukraine.

 

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people familiar with the matter & Exxon can take a walk with empty pockets

Who are they going to sue, Putin? Bahahaha

US should return the asset confiscated back to Russia. Under Article 8(2)(a)(iv) of the 1998 International Criminal Court Statute, “appropriation of property not justified by military necessity and carried out unlawfully and wantonly is a war crime'

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