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TotalEnergies stops investing in new projects in Russia in latest move by oil giants

RIYADH: TotalEnergies has decided to stop investing in new projects in Russia, the company confirmed on March 1., joining other Big Oil in condemning Moscow's attack on Ukraine. However, the French company has not followed its peers BP and Shell and exited the Russian market, potentially losing tens of billions of dollars in assets. That means it is keeping its 19.4 percent
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