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BREAKING
Barrack: We call upon Druze, Bedouins, and Sunnis to put down their weapons and together with other minorities build a new and united Syrian identity building peace and prosperity with their neighbors
US Special Envoy to Syria Tom Barrack: Israeli Prime Minister Benjamin Netanyahu and Syrian President Ahmad al-Sharaa supported by the US have agreed to a ceasefire embraced by Türkiye, Jordan, and their neighbors
YAF spokesperson Brigadier General Yahya Saree: We carried out a top-tier operation targeting Ben Gurion Airport in Lydd with a Palestine 2 hypersonic ballistic missile
Israeli media: Israelis in the Gush Dan area and al-Quds were asked to enter shelters immediately
Sirens sound in Tel Aviv and occupied al-Quds after a missile was launched from Yemen
Sheikh Qassem: We are ready to defend ourselves if 'Israel' attacks us in a way that we believe calls for us to defend ourselves
Sheikh Qassem: "Israel" will never be handed over our weapons
Sheikh Qassem: He who refuses so and accepts humiliation, that is their own business, but for us, we will not accept humiliation. We have made great sacrifices, and our strength has helped us achieve this result
Sheikh Qassem: Be patient with the issue of exclusivity of arms with the state in the face of the great danger that will not spare Lebanon; let us speak with one voice and work for the sake of priority
Sheikh Qassem: Lebanon faces three real dangers: 'Israel', ISIS tools on the eastern border, and US tyranny

Total energy giant to stop buying Russian oil

  • By Al Mayadeen Net
  • Source: Agencies
  • 23 Mar 2022 08:20
1 Min Read

French energy company Total announces it will stop Russian oil purchases by the end of 2022.

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  • Russia represented 17% of Total's oil and gas production in 2020
    Russia represented 17% of Total's oil and gas production in 2020

TotalEnergies said on Tuesday it has made the decision to stop all purchases of Russian petroleum products by the end of the year at the latest.

The energy giant released a statement saying it will "gradually suspend its activities in Russia" amid the latter's operation in Ukraine and highlighting "the existence of alternative sources for supplying Europe" with oil.

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Total declared it will ensure its compliance with "current and future European sanctions," no matter the consequences "on the management of its assets in Russia."

TotalEnergies was a heavy investor in Russia's petroleum sector, with it holding an almost 20% stake in Russian natural gas producer Novatek. Russia also represented 17% of the company's oil and gas production in 2020.

Read more: Canceling Russian reserves boomerangs to a new international monetary system

The energy conglomerate said it will continue to supply Europe with LNG from the Yamal plant, in which it holds a 20% stake, "as long as Europe's governments consider that Russian gas is necessary."

  • Russia
  • Ukraine crisis
  • Total
  • France
  • Sanctions on Russia
Russia & NATO

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As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

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Credible reports, including some from Israeli media itself, indicate that Tel Aviv had pinned its hopes on what can only be described as a delusional plan. (Al Mayadeen English; Illustrated by Batoul Chamas)

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