Exxon's Russian JV to invest $5 bln over 5 yrs -Ifx cites official - NewsBreak
By Flemming in Business
Updated 3 years ago
MOSCOW, Sept 28 (Reuters) - Exxon Neftegas Limited (ENL), the operator of Russia's Sakhalin-1 oil and gas project, plans to invest $5 billion in the next five years to stem a decline in oil production, Interfax news agency cited the local governor as saying on Tuesday. Total oil output in...