This April 25, 2017 file photo shows an Exxon service station sign in Nashville, Tenn. (AP Photo/Mark Humphrey, file)
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
U.S. oil company Exxon Mobil says it will withdraw from its joint venture with Russia's state-controlled Rosneft due to U.S. and European sanctions against the country.Exxon Mobil had signed a deal with Rosneft, Russia's biggest oil producer, in 2011 that aimed to drill in difficult terrain, like Russia's Arctic waters. Exxon sued the U.S. government to stop the fine.Rosneft spokesperson Mikhail Leontyev said that Exxon had been forced to retreat by the sanctions regime.
FOLLOW THIS ARTICLE