Russia is ready to deepen discussions with the U.S. on Sakhalin 1 project, RIA reports
MOSCOW, Sept 17 (Reuters) - Russian Deputy Foreign Minister Sergei Ryabkov said on Wednesday that Moscow was ready to deepen discussions with the U.S. on energy cooperation, including on the Sakhalin 1 project, RIA reported.
Ryabkov also said that Russia was in contact with the U.S. on various issues, and that dialogue continued.
"I can mention Sakhalin-1 as the most obvious example of the work that has begun in this area," he was quoted as saying by RIA.
Russian president Vladimir Putin signed last month a decree that could allow foreign investors, including top U.S. oil major Exxon Mobil to regain shares in the Sakhalin-1 oil and gas project.
The signing of the decree came on the day Putin met Donald Trump in Alaska for a summit where opportunities for investment and business collaboration were on the agenda, alongside talks to find peace in Ukraine.
Exxon previously held a 30% operator share in the lucrative project, and is the only non-Russian investor to have quit its stake. The U.S. major took an impairment charge of $4.6 billion to exit its Russian business after Moscow sent troops into Ukraine in February 2022.
Related Articles
[U.S. IPO] Oilfield Water Giant WaterBridge Raises $634M in IPO; Can It Repeat LandBridge's 125% Surge?
TradingKey - Oil field water management company WaterBridge (WBI) announced on September 16 that its US initial public offering (IPO) is expected to price 31.7 million shares at $20 per share, raising a total of $634 million.
[U.S. IPO] Buyers Frenzied Like Fans? StubHub IPO Sees 20x Oversubscription, Masking Profitability Challenges
TradingKey - After years of ownership changes and a withdrawn IPO plan, StubHub, the largest secondary ticket marketplace in the U.S., is set to go public on the New York Stock Exchange under the ticker STUB, with an expected valuation of $8.6 billion. Investors are watching whether this founder’s
[Reuters Analysis] Hedging surge reflects crowded trade - long Wall Street, short U.S. dollar: McGeever
By Jamie McGeeverORLANDO, Florida, Sept 16 (Reuters) - The rush to hedge U.S. equity exposure this year was initially seen as part of a broad 'de-dollarization' process, reflecting global investors' discomfort with President Donald Trump's trade, economic and foreign policy agendas. ...
September Fed Watch: A Policy Pivot That Could Make or Break the Bull Stock Market
TradingKey - The Fed’s September FOMC meeting is widely seen as locking in the first rate cut of 2025. Yet strategists at Morgan Stanley, JPMorgan, and Oppenheimer warn that as investors shift focus to slowing growth, a more cautious tone may replace bullish stock sentiment.
Effects of Interest Rate Cuts: Impact of Fed's September Meeting on Crypto Market
The Fed’s rate cut decision is a major bullish catalyst for crypto — but it comes with uncertainty. Investors should understand the economic rationale behind the move and adjust strategies accordingly. Staying flexible, informed, and disciplined is key to thriving in crypto’s fast-moving environment
