ExxonMobil CEO Darren Woods said the company had no plans to reenter Russia, emphasizing it is only seeking compensation for $4.6 billion in the seized Sakhalin-1 assets, the Financial Times reported on Sept. 18.

Russia: ExxonMobil Rules Out Return to Russia Despite Kremlin Push

Russia: ExxonMobil Rules Out Return to Russia Despite Kremlin Push | RANE

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ExxonMobil CEO Darren Woods said the company had no plans to reenter Russia, emphasizing it is only seeking compensation for $4.6 billion in the seized Sakhalin-1 assets, the Financial Times reported on Sept. 18. 

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Russia: ExxonMobil Rules Out Return to Russia Despite Kremlin Push

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