TotalEnergies CEO says will not put new capital in Russia - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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TotalEnergies CEO Patrick Pouyanne said on Saturday the company would not many any new investments in Russia.

The logo of French oil and gas company TotalEnergies is pictured at an electric car charging station and petrol station at the financial and business district of La Defense in Courbevoie near Paris, France, June 22, 2021.The logo of French oil and gas company TotalEnergies is pictured at an electric car charging station and petrol station at the financial and business district of La Defense in Courbevoie near Paris, France, June 22, 2021.new investments in Russia.

“Clearly, what we said is that we are totally committed to apply all the sanctions,” he said, saying that meant no new investment. “So the question for us is what do we do with existing assets. And these ones we are not ready to give for zero to Russian people, to Russian oligarchs or to Russia.”

Source: News Formal (newsformal.com)

 

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I will NOT be putting petrol at TotalEnergies henceforth!

Typo....

What did he say Makes zero sense. :

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