ExxonMobil in talks with Russian oil company to return to Russia

According to sources, during a secret meeting between ExxonMobil executives and Qatar and Russian oil companies this year, a senior executive from ExxonMobil discussed the possibility of the company rejoining the massive Sakhalin project on the Russian Far East coast if the governments of both countries allow it as part of the peace process in Ukraine. The Exxon executive has requested support from the US government for the company's return to Russia, and has received a positive response. According to senior government officials, ExxonMobil CEO Darren Woods recently discussed this possibility with President Trump at the White House. The Sakhalin-1 project is one of ExxonMobil's largest investments, with the company responsible for operations and holding a 30% stake. Sources say that discussions on ExxonMobil resuming cooperation with Russian oil companies accelerated when Trump took office in January this year.