Exxon raises stakes in Russia standoff
Several projects impacted in battle between Western majors, Russian government, including Sakhalin 1 and 2, Kharyaga and Kovykta
The Associated Press
Exxon Mobil Corp. said Sept. 21 that the cost of Sakhalin-1 oil project it is leading has increased by 30 percent, an announcement that could raise the stakes in a growing industry standoff with the Russian government.
An Exxon spokesman told Dow Jones Newswires that the increase at the Sakhalin-1....
[additional news subjects in this story]
Sakhalin-2, Kharyaga under attack
BP project under fire
Boils down to the Russians want more
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