TotalEnergies: Oil Majors' Exit From Russia Easier Said Than Done

TotalEnergies: Oil Majors' Exit From Russia Easier Said Than Done

OilPrice.com

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Despite pledges from numerous international oil majors to leave Russia, this is easier said than done, and companies from the U.S. and the UK are still stuck with their Russian assets, Patrick Pouyanne, CEO at TotalEnergies, said on Wednesday. In the days after the Russian invasion of Ukraine began, UK's BP and Shell said they would divest their Russian assets and stop trading with Russian oil.   The war in Ukraine "has caused us to fundamentally rethink bp's position with Rosneft. I am convinced that the decisions we have taken as a board…

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