Secret Talks Hint at Exxon's Re-Entry into Russian Oil

A potential return of U.S. supermajor ExxonMobil to Russian operations would be beneficial for the region of Sakhalin in Russia’s Far East and help Russia’s energy sector, Sakhalin’s governor Valery Limarenko has told Reuters.  Ahead of the Trump-Putin meeting in mid-August, Russia and the United States had reportedly discussed Exxon returning to the Sakhalin-1 oil and gas development project. Senior U.S. and Russian officials discussed bilateral energy deals on the sidelines of the talks on reaching a peace agreement in…