US oil giant vows to sue Russia

ExxonMobil has reportedly threatened legal action over blocked withdrawal from Sakhalin-1 energy project ExxonMobil has threatened the Russian government with a lawsuit unless Moscow allows the company to exit the Sakhalin-1 oil and gas project, the Wall Street Journal reported on Tuesday, citing its sources. The company reportedly said in a statement it has been trying to exit the Russian project in the country’s Far East since March but was recently prevented from doing so by a presidential decree. Russian President Vladimir Putin signed a decree earlier this month preventing investors from so-called “unfriendly

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