{"id":472172,"date":"2022-03-02T10:55:16","date_gmt":"2022-03-02T05:25:16","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=472172"},"modified":"2022-03-02T12:29:11","modified_gmt":"2022-03-02T06:59:11","slug":"exxon-to-exit-russia-suspend-further-investments-over-ukraine-invasion","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/exxon-to-exit-russia-suspend-further-investments-over-ukraine-invasion\/","title":{"rendered":"Exxon to exit Russia, suspend further investments over Ukraine invasion"},"content":{"rendered":"<p>Exxon Mobil will exit its Russian operations, including oil production fields, it said Tuesday, becoming the latest major Western energy company to quit the oil-rich country following Moscow&#8217;s invasion of Ukraine. <\/p>\n<p>The decision includes operations at a large oil and gas production project on Sakhalin Island in Russia&#8217;s Far East. British BP PLC, Shell and Norway&#8217;s Equinor ASA have previously disclosed plans to abandon Russia operations. &#8220;Given the current situation, Exxon Mobil will not invest in new developments in Russia,&#8221; the company said in a statement.<\/p>\n<p>Exxon did not provide a timetable for the exit, nor comment on any potential asset writedowns.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Exxon Mobil will exit its Russian operations, including oil production fields, it said Tuesday, becoming the latest major Western energy company to quit the oil-rich country following Moscow&#8217;s invasion of Ukraine. The decision includes operations at a large oil and gas production project on Sakhalin Island in Russia&#8217;s Far East. British BP PLC, Shell and Norway&#8217;s Equinor ASA have previously disclosed plans to abandon Russia operations. &#8220;Given the current situation, Exxon Mobil will not invest in new developments in Russia,&#8221; the company said in a statement. Exxon did not provide a timetable for the exit, nor comment on any potential [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-472172","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/472172","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=472172"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/472172\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=472172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=472172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=472172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}