Discussions are underway regarding the potential revival of the Sakhalin-1 energy project, linking its future to peace agreements in Ukraine.
3 reports, 3 independent
Updated Sep 4
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What happened
Discussions are underway regarding the potential revival of the Sakhalin-1 energy project, linking its future to peace agreements in Ukraine.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Investments have been made in hydrocarbon projects in Sakhalin, and a joint working group has been established regarding NSR cooperation.Sub-event
- Rosneft took over the Sakhalin-1 project from Exxon, while Exxon is now seeking to regain shares in the operation.Sub-event
Energy deals are being discussed for the potential return to the Sakhalin-1 project.1 source
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The entities involved
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ExxonMobil
American multinational oil and gas corporation
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Rosneft
Russian energy company
- Ukrainian drones targeted Russian oil facilities, contributing to a fuel crisis in Crimea.
- Rosneft is developing Vostok Oil in Russia, utilizing partnerships with companies like Samsung Heavy Industries and Zvezda, and attracting investment interest from firms like Trafigura, with support from Putin.
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Sakhalin
large Russian island in the North Pacific Ocean
Related events
- Rosneft announced a major oil project milestone involving a pipeline initiative in Krasnoyarsk.
- A draft decree has been outlined detailing a new infrastructure funding plan, championed by the President, to support Arctic projects involving Rosneft and Novatek.
- Ukrainian drone attacks hit Rosneft facilities in Syzran and Saratov, while Trump announced a potential agreement to stop the hostilities.
- ExxonMobil has entered agreements with Azerbaijan and is negotiating a return to Iraq's oilfields, following previous operations in Kurdistan.
Coverage
Newest first; wire copies grouped- Oilprice.comSecret Talks Hint at Exxon's Re-Entry into Russian Oil A potential return of U.S. supermajor ExxonMobil to Russian operations would be beneficial for the region of Sakhalin in Russia’s Far East and h
- Simply Wall St.Assessing Exxon’s Value After Secret Talks With Rosneft Spark New Growth Hopes If you are eyeing Exxon Mobil and wondering whether now is the moment to buy, sell, or simply watch from the sidelines,
- Investing.comExxonMobil held tense backchannel talks with Rosneft over Russia return - WSJ Investing.com -- Exxon Mobil Corp (NYSE:XOM) has held confidential negotiations with Russian state energy giant Rosneft r