Exxon declares force majeure at Russia's Sakhalin-1 project

Apr. 27, 2022 9:07 PM ETExxon Mobil Corporation (XOM)By: Carl Surran, SA News Editor37 Comments

Exxon Posts 38 Percent Decline In Quarterly Profit

Spencer Platt/Getty Images News

Exxon Mobil's (NYSE:XOM) Russian unit Exxon Meftegas declared force majeure on its operations at the Sakhalin-1 oil and gas project in the country's far east, Reuters reported on Wednesday.

Project stakeholders reportedly are having difficulty

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