TotalEnergies: Cuts off any oil purchases of Russian origin until the end of 2022
The list of companies under embargo against Russia is growing, with the French oil company TotalEnergies announcing that it will stop all purchases of Russian petroleum products by the end of the year.
The French oil company TotalEnergies announced today its decision to suspend all purchases of oil or petroleum products of Russian origin by the end of 2022 at the latest.
In a statement, the company unequivocally condemned the Russian attack on Ukraine , noting that it has tragic consequences for both the Ukrainian people and peace in Europe.
TotalEnergies has had significant placements in Russia for the past thirty years, both in the oil and oil sector. According to the APE-MPE, it is, among others, a shareholder in the company Novatek (19.4%), 23.5% of which is controlled by Putin's close ally, Gennady Timchenko.
