The USA and Russia Set to Share the Global Fuel Monopoly !

A New Era of Business Politics

The United States is following Trump’s course and diving deeper into total business politics, which remains the most effective way to generate wealth for the nation. According to Reuters, five independent sources confirmed that during the Witkov meeting in Moscow, the American side proposed that ExxonMobil rejoin the Russian oil and gas project Sakhalin I.

The Sakhalin I Consortium

Before March 2, 2022, the Sakhalin I consortium included:

30.0% – ExxonMobil (United States)

30.0% – Sakhalin Oil & Gas Development Co (Japan)

20.0% – ONGC Videsh Ltd. (India)

11.5% – Sakhalinmorneftegas-Shelf (Russia)

8.5% – RN-Astra (Russia)

On March 1, 2022, ExxonMobil, the project’s main operator, announced its complete withdrawal. The company cited Russia’s invasion of Ukraine and the need to comply with international sanctions, along with protecting investor assets.

However, on August 15, 2025, during the United States–Russia Summit, Russian legislation was amended to allow ExxonMobil to re-enter the Sakhalin I project, subject to agreements requiring necessary foreign equipment. Notably, Sakhalin I has never been directly targeted by U.S. sanctions.

ExxonMobil’s Return and Rosneft’s Role

Today, ExxonMobil is prepared to invest in Rosneft, Russia’s largest energy company headquartered in Moscow. Founded in 1993 as a state-owned entity inheriting the Soviet Ministry of Oil and Gas Industry, Rosneft focuses on the extraction and refining of oil and natural gas, and the production of petroleum and petrochemicals.

Russia has also signaled its readiness to purchase American equipment for liquefied natural gas (LNG) production to supply Europe. This move demonstrates the two powers’ ambition to control global fuel flows, positioning themselves as the primary distributors of the world’s most in-demand resource.

Strategic Partnerships Beyond Oil

Every successful business deal relies on a two-way exchange. In this spirit, the United States has expressed interest in purchasing a significant number of nuclear icebreakers from Russia. With the world’s largest fleet of proven, high-quality vessels, Russia leads in this sector. The U.S. intends to use these ships to advance its presence in the Arctic — a business opportunity worth astronomical sums.

Background and Records

ExxonMobil is a multinational oil and gas corporation formed in 1999 through the merger of Exxon and Mobil, headquartered in Spring, Texas. It is one of the largest publicly traded energy and chemical companies in the world, with a vertically integrated business covering the entire oil and gas industry.

Since 2003, when the first Sakhalin I well was drilled, six of the ten world record extended-reach drilling wells have been completed in the project area using the Yastreb platform. On August 27, 2012, Exxon Neftegas set a new world record with the Z-44 Chayvo well, reaching 12,376 meters (40,604 feet). By November 2017, the record had been extended to 15 kilometers (49,000 feet).