|Bid||0.00 x 210000|
|Ask||0.00 x 1459000|
|Day's Range||121.30 - 122.46|
|52 Week Range||111.46 - 160.62|
|PE Ratio (TTM)||10.14|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Russia and U.S. oil major Exxonmobil have signed an out-of-court settlement agreement regarding a legal dispute over the Sakhalin-1 oil and gas project, Russia's finance ministry said in a statement on Thursday. Russian President Vladimir Putin said on Sept. 7 that the dispute had been resolved.
U.S. sanctions have made financing large Russian projects "almost impossible", the chief executive of Austrian energy company OMV, which has invested in the Nord Stream-2 trans-Baltic gas pipeline project, said on Wednesday. Washington imposed new sanctions, several targeting Russia's energy sector, last month to punish Moscow over alleged interference in the 2016 U.S. presidential election and the annexation of Ukraine's Crimea. "The financing of such large infrastructure projects becomes almost impossible after the introduction of such sanctions," OMV CEO Rainer Seele was quoted as saying by Interfax.
Financing of large Russian projects, such as gas pipeline Nord Stream-2, "became almost impossible" after the United States introduced new sanctions against Russia, the chief executive of Austrian ...