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Tax policy will shape Russia’s oil future
The consensus among market observers is that the country’s oil output will fall in the long term. Yet few recognise how Moscow’s shifting tax regime is designed to keep the next barrel commercially viable
Hungary defends Russian energy use
Claims the country lacks alternatives to Russian oil and gas may be exaggerated, although higher costs and reduced security of supply are legitimate concerns.
Latest EU sanctions largely toothless
Without US backing, the EU’s newest sanctions package against Russia—though not painless—is unlikely to have a significant impact on the country’s oil and gas revenues or its broader economy
Trump’s Russia threat rings hollow
The reaction to proposed sanctions on Russian oil buyers has been muted, suggesting trader fatigue with Trump’s frequent bold and erratic threats
US, Russia and China circle the Arctic
The strategic importance of vast untapped oil and gas reserves and key shipping routes has come in from the cold
Russia’s quest for energy ‘technological sovereignty’, part 1
The country inherited a near self-sufficient oil and gas industry from the USSR, and it is working fast to eliminate shortfalls in its domestic capability, where advanced drilling and subsea technologies remain a vulnerability
The rise of oil’s big three, part 3: The oil age develops
The 20th century’s two global conflicts made clear the geopolitical importance of oil, while Russia and Saudi Arabia joined the US as hydrocarbons superpowers
The rise of oil’s big three, part 2: The start of the oil age
In the second part of our history of oil special on the ascent of the US, Russia and Saudi Arabia, we examine the early years of the age of oil
The rise of oil’s big three, part 1: The transition to oil
In this first part of the first chapter of our 90th anniversary special on the history of oil, we look at oil’s humble beginnings and the start of its rise to prominence
Moscow’s moves may impede Africa’s energy ambitions
Upstream projects may not benefit from Russia’s involvement, but South Africa might be seeking to become an importer of Russian molecules
TotalEnergies has been criticised for a lack of divestment from Russian assets and businesses
TotalEnergies Russia France Sanctions
Peter Ramsay
24 March 2022
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TotalEnergies launches defamation action against French presidential candidate

Green Party MEP had accused the firm of complicity in war crimes due to its stance on Russia’s invasion

French major TotalEnergies will bring “without delay” a defamation suit against French MEP and Green Party presidential candidate Yannick Jadot, the firm’s head of global media relations said on LinkedIn on Wednesday. The firm has finally responded to weeks of criticism for its reluctance to follow the lead of peers such as BP, ExxonMobil, Shell and Norway’s Equinor in promising to exit Russian investments. And clearly it is in combative mood. “Words have meaning and what Yannick Jadot says is unacceptable,” Paul Naveau wrote on the social networking platform. “To be ‘complicit in war crimes’ is to provide direct assistance to a state or criminal organisation that has committed the crimes. T

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