According to press, ExxonMobil could pull out of exploration and research JVâs with Rosneft owing to US and European Union sanctions against Russia. This will result in an after-tax loss of USD 200 MM. The move will not affect the companiesâ Sakhalin-1 project/JV. 
According to press, ExxonMobil could pull out of exploration and research JVâs with Rosneft owing to US and EU sanctions against Russia. This will result in an after-tax loss of US$200 MM. The move will not affect the companiesâ Sakhalin-1 project/JV.