ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Ukraine war

Exxon downsizes staff as it prepares to exit Russia's Sakhalin-1

Oil giant starts cutting production as it declares force majeure

Half the oil Japan imports from Russia comes from the Sakhalin-1 project. (Photo courtesy of Exxon Neftegas via Kyodo)

TOKYO -- Exxon Mobil is downsizing operational staff at Sakhalin-1, an oil production project in Russia's Far East, and is preparing to exit the business, sources from the Japanese government and Exxon told Nikkei.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more