TotalEnergies has said it would not renew some Russian supply contracts, but has come under fire for not following industry rivals in shedding Russian assets.
John Hultquist, whose firm Mandiant investigated the Saudi oil refinery hack, said that by making the criminal charges public the U.S. has “let them know that we know who they are.”
“Obviously, oil and gas markets would collapse without Russian hydrocarbons in the event that sanctions were imposed,” Russian Deputy Prime Minister Alexander Novak says.
Most of the oil in the Caspian Pipeline Consortium belongs to Russia, Kazakhstan and international oil majors such as Chevron Corp.
French oil major TotalEnergies came under strong criticism after it condemned what it called Moscow’s military aggression in Ukraine, but stopped short of joining rivals Shell and BP in planning to exit positions in resource-rich Russia.
Russia’s Gazprom said on March 22 it has continued to supply gas to Europe via Ukraine in line with requests from European consumers.
Germany and the Netherlands said the EU was dependent on Russian oil and gas and could not cut itself off tomorrow.
The EU relies on Russia for 40% of its gas, with Germany among the most dependent of the EU’s large economies.
Hire independent accountants to ensure no Russian oil is loaded onto ships, top aide to Zelenskiy urges.
Greenpeace, Friends of the Earth say TotalEnergies is violating 2017 law.