ExxonMobil freezes Russian projects

ExxonMobil freezes Russian projects: ExxonMobil has put 9 out of its 10 Russian projects on hold in accordance with the sanctions imposed by the US government. Most of the operations are in the Black Sea or Arctic shelf but the company has been given a reprieve to allow it shore up the recently drilled University-1 well in the Kara Sea. Rosbalt