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Russia appears to open door for potential Exxon return to Sakhalin-1 project (XOM:NYSE)

Seeking Alpha · last updated
Exxon Posts 38 Percent Decline In Quarterly Profit

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Russia’s President Putin has signed a decree that could allow foreign investors, including Exxon Mobil (NYSE:XOM), to regain shares in the Sakhalin-1 oil and gas project, Reuters reported Friday.

The signing occurred on the same day that Putin met President