Key facts: Exxon Mobil aims for 50% LNG production boost by 2030; negotiates Sakhalin reentry
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Exxon Mobil aims to boost its global LNG production by 50% by 2030, despite concerns about a potential market bubble as renewable energy becomes more competitive.1Exxon Mobil is negotiating with Russian energy leaders to potentially rejoin the Sakhalin oil and gas project, after a $4.6 billion loss following Russia's 2022 invasion of Ukraine.2
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