TotalEnergies Pulls Out of Russian Oil Project

INSUBCONTINENT EXCLUSIVE:
over its remaining 20 percent stake in the Kharyaga project in the Arctic pending approval by Russian authorities.No information about the
financial terms of the transaction was provided.TotalEnergies had already ceded a 20 percent stake in the project and the role of the
operator to Zarubezhneft.The Russian firm said on its website the Kharyaga oil project has produced more than 20 million tonnes of oil since
projects in the country.It has promised to stop purchasing Russian oil and gas by the end of the year, and make no further investments