Peak Oil is You
Donate Bitcoins ;-) or Paypal :-)
Page added on October 19, 2022
Exxon Completes Russia Exit
Exxon Mobil Corp. completed its exit from Russia, calling the departure an “expropriation” of its main Russian operation and potentially setting up a future legal challenge.
“With two decrees, the Russian government has unilaterally terminated our interests in Sakhalin-1 and the project has been transferred to a Russian operator,” an Exxon spokesperson said in a statement. “We have safely exited Russia following the expropriation.”
Exxon has been winding down production at Sakhalin-1 since May after announcing its intention to leave just weeks after Russia’s invasion of Ukraine earlier this year. The operation is hugely complex and produced about 227,000 barrels a day last year. It has multiple records for the longest wells ever drilled, uses ice breakers to maintain exports when the sea freezes over in winter and was regarded as an engineering marvel when it first started pumping in 2005.
In August, Exxon sent a “notice of difference” to Russian authorities after the Kremlin blocked the Texas oil giant from exiting Sakhalin-1, which is the first step toward filing a lawsuit against the country. “We made every effort to engage with the Russian government and other stakeholders,” Exxon said. The company expects about 700 employees to transfer to Sakhalin-1’s new operator.
RIGZONE
8 Comments on "Exxon Completes Russia Exit"
makati1 on Wed, 19th Oct 2022 7:14 pm
Rigporn, a propaganda mouth for the USMSM.
Other versions give a different story. They were given time to sell their share. What can Amerikan corporations expect when their country is at war with Russia?
Just another example of the dying empire, as it loses control of the world’s energy resources. Iran, Venezuela, Saudi Arabia, U.A.E., Russia, etc. all are giving the finger to the “empire’. About time!
As the EU is discovering, and Amerika soon will, he who controls the energy, controls the world.
Theedrich on Thu, 20th Oct 2022 6:41 am
The US monster has now begun the end of the world. After destroying the Nord Stream pipelines and causing the “deindustrialization” (i.e., death) of Germany, to be followed by a European Dark Age, the Empire of Lies has achieved global supremacy by murdering Western civilization. The U.S. plan was laid out back in 2019, with the infamous RAND Corporation’s strategy to kill Russia by destroying Germany and Europe. A sanctions-enforced proxy war against resource-rich Russia is only the first step in the process of permanently ending the possibility of any connection between Deutschland and Russland.
Of course the European elites dare not reveal the fact of the forthcoming death of their servile nations, because they are psychotically immobilized by American bribes and assurances of a coming paradisiacal Novus Ordo Seclorum (New World Order), as it states on the dollar bill. They dare not admit that their future has been cancelled by the U.S. They need to hold on to their positions of power until the entire edifice of Western Europe collapses. Any popular movement that tries to oust them will be despotically and brutally crushed by the forces of “democracy.” They intend to achieve heaven through suicide.
It will take a couple of years for the full completion of collapse. But it is now inevitable, regardless of denials and excuses. Many non-European countries can already see this, and are currently making moves to align themselves with the BRICS coalition. The American megalomaniacs believe they can prevent this liberation from the “indispensable nation” by a combination of sanctions, propaganda, and subversion. But fate is stronger than Yankee insanity.
Superduperland will have to learn that the hard way.
Schnelldokumente.de on Mon, 8th Jan 2024 5:31 am
Der Kauf eines deutschen Führerscheins war noch nie so einfach. Ob Sie sich in Brandenburg, Bayern, Hessen oder einem anderen Bundesland oder auch außerhalb Deutschlands befinden, wir sind für Sie da, um Ihnen einen registrierten deutschen Führerschein zu besorgen.https://www.schnelldokumente.de/kaufen-deutschen-fuhrerschein
kaufen osterreichischen fuhrerschein on Mon, 26th Feb 2024 9:52 am
Wenn Sie mit dem von unserer Agentur erworbenen Führerschein fahren, müssen Sie diesen bei Polizeikontrollen frei vorzeigen können, da die von der Polizei in einem Datenauslesecomputer überprüften Angaben zum Führerschein zeigen, dass er echt und in der staatlichen Datenbank registriert ist. https://www.echtedokumente.at/kaufen-osterreichischen-fuhrerschein
iptv deutsch on Fri, 30th May 2025 7:09 am
IPTV abo. tiviabo.de. IPTV Deutschland Discover the Best IPTV Deutsch Provider in Germany. tviabo
deutsch iptv on Fri, 30th May 2025 7:10 am
IPTV abo. tiviabo.de. IPTV Deutschland Discover the Best IPTV Deutsch Provider in Germany. tviabo iptv deutsch
iptv abo on Fri, 30th May 2025 7:10 am
IPTV abo tiviabo.de. IPTV Deutschland Discover the Best IPTV Deutsch Provider in Germany. tviabo iptv deutschland
abo iptv on Fri, 30th May 2025 7:10 am
IPTV abo. tiviabo.de. IPTV Deutschland Discover the Best IPTV Deutsch Provider in Germany. tviabo iptv abo