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Exxon declares force majeure on Russian Sakhalin-1 operations

(Corrects to February in paragraph 3) By Florence Tan and Sabrina Valle April 27 (Reuters) - Exxon Mobil Corp XOM.N said on Wednesday that its Russian unit Exxon Neftegas Ltd has declared force majeure for its Sakhalin-1 operations, where it has become increasingly difficult to ship crude due to sanctions on Russia. The Sakhalin-1 project produces
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Exxon Mobil may completely withdraw from Russia by June 24 - sources

LONDON, April 21 (Reuters) - Exxon Mobil XOM.N is considering a complete withdrawal from Russia by June 24, two sources familiar with plans told Reuters on Thursday, following the U.S. group's earlier decision to exit from its oil and gas operations in the country. Exxon Mobil removed employees who are U.S. citizens from Russia last month after Mos
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Gas prices lift Norway's March trade surplus to record

OSLO, April 19 (Reuters) - Norway's trade surplus rose to a new record in March, boosted by soaring prices for its gas exports which hit record highs following Russia's invasion of Ukraine, national statistics agency data showed on Tuesday. The March trade surplus hit 138.4 billion crowns ($15.65 billion), beating a previous record of 106 billion s
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Norway plans to expand Arctic oil and gas drilling in new licensing round

By Terje Solsvik OSLO, March 17 (Reuters) - Norway will offer new licenses to drill for oil and gas in its oceans, including previously unexplored acreage in the Arctic, the government said on Thursday, welcome news to Western nations keen to reduce their dependence on Russia. "Access to new, attractive exploration acreage is a pillar in the govern
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Norway announces new oil and gas licensing round in mature areas

OSLO, March 17 (Reuters) - Norway offered new licenses to explore for oil and gas in mature areas of its oceans on Thursday, the government said, part of a plan to extend the country's production of hydrocarbons for decades to come. "New discoveries are crucial for ensuring jobs, value creation and production," Minister of Energy and Petroleum Terj
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