French energy giant TotalEnergies says it will not be renewing its contracts for Russian oil and petroleum. The company has also promised to stop funding projects in Russia.
TotalEnergies had been facing criticism for not joining other energy firms in severing ties with the country.
British energy giant BP announced last month it would abandon its Russian interests. Fellow energy supermajor Shell followed suit soon after.
TotalEnergies says it will be turning to Saudi Arabia and Poland for future supplies.
TotalEnergies had been facing criticism for not joining other energy firms in severing ties with the country.
British energy giant BP announced last month it would abandon its Russian interests. Fellow energy supermajor Shell followed suit soon after.
TotalEnergies says it will be turning to Saudi Arabia and Poland for future supplies.
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Summary
French energy company TotalEnergies has decided not to renew oil and petroleum contracts with Russia, also ceasing funding for Russian projects. This move follows BP's and Shell's announcements to abandon their Russian interests due to criticism over ties with the country. TotalEnergies is
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ID: 623b276e-d0c0-44b3-beb0-08fa35ed5dbd
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20220323_34/
Date: March 23, 2022
Created: 2022/03/23 22:58
Updated: 2025/12/09 17:26
Last Read: 2022/03/23 22:58