Western companies in Russia’s oil and gas sector | Russia-Ukraine crisis News

Worldwide power big BP has opted to go away Russia after Western international locations imposed extreme sanctions on its firms and people following Moscow’s navy assault on Ukraine.

BP, the largest international investor in Russia, stated it was abandoning its stake within the state oil firm Rosneft at a value of as much as $25bn, shrinking its oil and gasoline reserves in half. Shell adopted swimsuit, saying it could divest of its publicity as properly.

The next are some information in regards to the publicity of Western oil and gasoline firms to Russia, which calls its actions in Ukraine a “particular operation”:

BP

The British oil firm has a 19.75 % stake in Rosneft, headed by Igor Sechin, a longstanding ally of President Vladimir Putin. Rosneft accounted for a 3rd of BP’s oil and gasoline output in 2021.

BASF

The German chemical compounds maker BASF co-owns Wintershall Dea – one of many monetary backers of the suspended Nord Stream 2 gasoline pipeline – with Russian billionaire Mikhail Fridman’s LetterOne investor group. BASF additionally says it generates 1 % of group gross sales from Russia.

Wintershall Dea and Gazprom collectively work on the Achimov Growth gas-producing challenge.

CHEVRON

Chevron has a 15 % stake within the Caspian Pipeline Consortium (CPC), a pipeline that runs from Kazakhstan to a Russian Black Sea terminal used for Chevron to export its crude. It additionally operates different subsidiaries that accomplice with Russian firms.

ENGIE

The French gasoline utility is one among 5 co-financiers of Gazprom’s Nord Stream 2 and has a stake in Nord Stream 1, an working pipeline, together with Wintershall Dea and Gasunie.

ENI

The Italian firm and Gazprom every have a 50 % stake within the Blue Stream gasoline pipeline to Turkey.

EQUINOR

The power group EQNR, which is majority-owned by the Norwegian state, stated on Monday it would begin divesting its joint ventures in Russia. It has minority stakes in three Russian oilfields.

Norway’s sovereign wealth fund, the world’s largest, may even divest its Russian belongings, price about 25 billion Norwegian crowns ($2.80bn).

EXXONMOBIL

The worldwide oil firm’s key asset in Russia is the Sakhalin-1 oil and gasoline producing challenge within the Pacific. ExxonMobil additionally markets petrochemical merchandise in Russia which might be utilized by native industries, in response to its web site.

An ExxonMobil affiliate has a 7.5 % curiosity within the Caspian Pipeline Consortium (CPC), which exports oil from Kazakhstan through the Russian Black Sea port of Novorossiisk.

The corporate exited a number of joint ventures in Russia following sanctions imposed after Moscow annexed Crimea in 2014.

HALLIBURTON

Halliburton’s Eurasia unit operates in Russia and Ukraine. The corporate warned in February as tensions rose that its skill to have interaction in sure future initiatives in Russia or work with sure Russian prospects trusted whether or not its involvement could be restricted because of United States or European Union sanctions legal guidelines.

OMV

The oil and gasoline firm OMV is among the 5 monetary backers of Nord Stream 2 and is Austria’s essential importer of Russian gasoline. It has a 24.99 % stake within the Russian gasoline area Yuzhno-Russkoye.

SHELL

The Anglo-Dutch oil firm is among the largest direct international traders within the Russian financial system. It owns 27.5 % of the Sakhalin-2 liquefied pure gasoline challenge, which has an annual capability of 11 million tonnes and is operated by Gazprom. It is among the 5 co-financiers of Nord Stream 2.

Shell additionally has pursuits within the Salym Petroleum oil challenge with Gazprom Neft and a enterprise for hydrocarbon growth at Gydan Arctic peninsular. On Monday, Shell stated it deliberate on leaving its Russian partnerships.

TOTALENERGIES

The French firm holds a 19.4 % stake in Novatek, Russia’s largest producer of liquefied pure gasoline (LNG). It has a 20 % stake within the Yamal LNG challenge in addition to a ten % curiosity in Arctic LNG 2, which is scheduled to start out manufacturing subsequent 12 months.

The corporate additionally holds a 49 % stake within the Terneftegas three way partnership, which develops the Termokarstovoye onshore gasoline and condensate, and a 20 % curiosity within the onshore Kharyaga oil area, its web site reveals. It has acquired 10 % in LNG transhipment hubs in Murmansk and Kamchatka.

UNIPER

The German utility has a $1bn publicity to Nord Stream 2, together with 5 energy vegetation in Russia with a mixed capability of 11.2 gigawatts, offering about 5 % of Russia’s complete power wants.

Uniper and its controlling shareholder Fortum collectively personal 12 energy vegetation in Russia and make use of 7,000 individuals there.

(Reporting by Reuters in Moscow; Modifying by Emelia Sithole-Matarise and Alistair Bell)

‘Double standards’: Western coverage of Ukraine war criticised | Russia-Ukraine crisis News

Because the Russian invasion of Ukraine continues right into a fourth day, an outpouring of assist for Ukrainians has been witnessed throughout a lot of Europe, Australia, and the West usually.

The struggle started on Thursday after Russian President Vladimir Putin ordered his forces to enter Ukraine, following months of a heavy navy build-up on the border.

Ukraine’s well being minister mentioned not less than 198 Ukrainians, together with three kids, have been killed up to now in the course of the invasion. The United Nations says greater than 360,000 Ukrainians have fled the nation, with the bulk crossing the border into neighbouring Poland.

The struggle has triggered swift condemnation by a number of nations, rapid sanctions by the US and different nations concentrating on Russian banks, oil refineries, and navy exports, and marathon emergency talks on the UN Safety Council (UNSC).

On social media, the pace of such a world response – which incorporates the exclusion of Russia from some cultural occasions and therapy of it as a pariah in sports activities – has raised eyebrows on the lack of such a response to different conflicts internationally.

Media pundits, journalists, and political figures have been accused of double requirements for utilizing their retailers to not solely commend Ukraine’s armed resistance to Russian troops, but additionally to underlying their horror at how such a battle might occur to a “civilised” nation.

CBS Information senior correspondent in Kyiv Charlie D’Agata mentioned on Friday: “This isn’t a spot, with all due respect, like Iraq or Afghanistan that has seen battle raging for many years. It is a comparatively civilised, comparatively European – I’ve to decide on these phrases rigorously, too – metropolis the place you wouldn’t count on that, or hope that it’s going to occur.”

His feedback have been met with derision and anger on social media, with many declaring how his statements contributed to the additional dehumanisation of non-white, non-European folks struggling underneath a battle inside mainstream media.

D’Agata later apologised, saying he spoke “in a approach I remorse”.

On Saturday, the BBC hosted Ukraine’s former deputy common prosecutor, David Sakvarelidze.

“It’s very emotional for me as a result of I see European folks with blonde hair and blue eyes being killed day by day with Putin’s missiles and his helicopters and his rockets,” Sakvarelidze mentioned.

The BBC presenter responded: “I perceive and naturally respect the emotion.”

On Sunday, Al Jazeera English presenter Peter Dobbie described Ukrainians fleeing the struggle as “affluent, center class folks” who “are usually not clearly refugees attempting to get away from areas within the Center East which are nonetheless in a giant state of struggle; these are usually not folks attempting to get away from areas in North Africa, they appear to be any European household that you’d reside subsequent door to.”

The media community later issued an apology, saying the feedback “have been inappropriate, insensitive, and irresponsible”.

“Al Jazeera English is dedicated to impartiality, variety and professionalism in all its work. This breach of that professionalism shall be handled by means of disciplinary measures,” it mentioned in an announcement.

In the meantime on Friday, Sky Information broadcast a video of individuals within the central Ukrainian metropolis of Dnipro making Molotov cocktails, explaining how grating Styrofoam makes the incendiary gadget persist with automobiles higher.

“Wonderful mainstream Western media provides glowing protection of individuals resisting invasion by making molotov cocktails,” one social media consumer remarked. “In the event that they have been brown folks in Yemen or Palestine doing the identical they’d be labeled terrorists deserving US-Israeli or US-Saudi drone bombing.”

On BFM TV, France’s most-watched cable information channel, journalist Philippe Corbe mentioned: “We’re not speaking right here about Syrians fleeing the bombing of the Syrian regime backed by Putin, we’re speaking about Europeans leaving in automobiles that appear to be ours to avoid wasting their lives.”

British journalist Daniel Hannan was criticised on-line for an article in The Telegraph, wherein he wrote that struggle not occurs in “impoverished and distant populations”.

European politicians have additionally expressed assist for open borders in the direction of Ukrainian refugees, utilizing terminology similar to “intellectuals” and “European” – a far cry from the fear-mongering utilized by governments in opposition to migrants and refugees from Africa, the Center East and Central Asia.

“Pores and skin is a passport … epidermal citizenship,” one social media consumer said.

Jean-Louis Bourlanges, a member of the French Nationwide Meeting, informed a TV channel that the Ukrainian refugees shall be “an immigration of nice high quality, intellectuals, one which we will benefit from”.

The Russia-Ukraine struggle has been billed by liberal media as Europe’s worst safety disaster because the finish of World Warfare II, contributing to the overall amnesia of comparatively current conflicts on the continent such because the Bosnian struggle within the Nineteen Nineties and the Northern Eire battle that lasted from the Sixties till 1998.

Absent from such generalisations was the truth that within the post-World Warfare period, Europe exported many wars in nations that have been earlier colonial entities.

Some commentators have additionally heaped reward on the steadfastness of Ukrainians and the nation’s defence capabilities, in a approach that they steered no different nation or folks have undergone such an expertise earlier than.

Critics identified the hypocrisy of crowdsourcing and establishing on-line donations to fund Kyiv’s navy with out dealing with any authorities backlash or suspension of their financial accounts.

The double requirements concerning requires excluding Russia from cultural and sporting occasions and never extending the identical transfer to different occupying entities haven’t been misplaced on social media both.

Examples have been drawn between the Palestinian Boycott, Divestment and Sanctions (BDS) motion in opposition to Israel – usually touted by Western governments as anti-Semitic – and the present exclusion of Moscow from occasions such because the Eurovision contest and stripping the Champions League last from St Petersburg.

Australian Prime Minister Scott Morrison has backed the boycott of Russia from sports activities, however criticised the boycott of final month’s Sydney Cultural Competition over receiving sponsorship from the Israeli embassy.

Claudia Webbe, a British member of parliament, tweeted that the individuals who genuinely care about Ukrainians are those who will welcome all refugees with open arms.

“The remainder?” she posted, “Nicely, they’re pretending.”

Russia shuts airspace along western border with Ukraine, Belarus | News

The transfer comes after President Putin introduced a ‘particular army operation’ within the Donbas area.

Russia on Thursday introduced the closure of its airspace for civilian flights on the western border with Ukraine and Belarus.

A Discover to Airmen or Discover to Air Missions (NOTAM) was revealed after Russian President Vladimir Putin introduced a particular army operation within the Donbas area.

“The usage of airspace on Russia’s western border with Ukraine and Belarus has been quickly suspended as a result of excessive menace to the security of flights of civilian plane after the usage of weapons and army gear,” an announcement mentioned.

In one other assertion on Thursday, the Russian defence ministry mentioned it was utilizing “high-precision weapons” to disable air defence methods, army airports, and the air power in Ukraine.

INTERACTIVE- Ukraine Russia head-to-head(Al Jazeera)

On Thursday, President Vladimir Putin authorised “a particular army operation” in opposition to Ukraine to eradicate what he referred to as a severe menace, saying his goal was to demilitarise Russia’s southern neighbour.

In an early morning handle on state tv, Putin mentioned he had been left with no alternative however to launch the operation, the scope of which was not instantly clear however appeared to go nicely past serving to Russian-backed separatists in jap Ukraine.

“I’ve determined to conduct a particular army operation,” mentioned Putin, seated at a desk within the Kremlin subsequent to a battery of telephones, with the Russian flag behind him.

“Its objective is to guard individuals who have been subjected to bullying and genocide … for the final eight years. And for this, we’ll attempt for the demilitarisation and denazification of Ukraine.

“And to convey to court docket those that dedicated quite a few bloody crimes in opposition to civilians, together with in opposition to residents of the Russian Federation.”

Ukraine dismisses as invented Russian accusations of genocide in opposition to individuals dwelling in components of its east seized by Russian-backed separatists in 2014.

Kyiv has mentioned Putin was on the lookout for a synthetic pretext to assault it.