Reuters reveals TotalEnergies quits Russia's Kharyaga oil project in wake of sanctions - Reuters News Agency
Energy

Reuters reveals TotalEnergies quits Russia’s Kharyaga oil project in wake of sanctions

Reuters was first to report TotalEnergies has agreed to transfer its remaining stake in Russia’s Kharyaga oil field to the country’s state producer Zarubezhneft, in the French company’s first major divestment in Russia in the wake of Western sanctions. TotalEnergies said in March that it would not renew its Russian gasoil and crude oil supply contracts for its German refinery, but would source gasoil from Saudi Arabia and crude via Poland instead.

Article Tags
Topics of Interest: Energy
Type: Reuters Best
Sectors: Business & Finance
Regions: Europe
Countries: Russia
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
TotalEnergies
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