Putin wants ‘unfriendly’ countries to pay for Russian gas in roubles

LONDON, March 23 (Reuters) – Russia will seek payment in roubles for gas sold to “unfriendly” countries, President Vladimir Putin said on Wednesday, and European gas prices soared on concerns the move would exacerbate the region’s energy crunch. European nations and the United States have imposed heavy sanctions on Russia since Moscow sent troops into … Read more

Russia’s offer to foreign firms: stay, leave or hand over the keys

Customers shop at an IKEA store in Omsk, Russia, March 3, 2022. REUTERS/Stringer Register now for FREE unlimited access to Reuters.com Register Sweeping Western sanctions create investor minefield SocGen warned it might be stripped of Russian assets Pirelli’s Russian plants continue, others seek exit Banks count the every changing cost of sanctions MOSCOW, March 4 … Read more

Ukraine and Russia agree on evacuation corridors as U.S. punishes oligarchs

Russian troops’ advance stalled outside Kyiv Refugee total exceeds 1 million – UNHCR Ukraine president says defense lines holding US and UK hit oligarchs with sanctions BORODYANKA/LVIV, Ukraine, March 3 (Reuters) – Russia and Ukraine agreed on Thursday to the need for humanitarian corridors to help civilians escape Moscow’s eight-day-old invasion, the first apparent progress … Read more

Russia pounds Ukrainian cities as advances stall, draws UN censure

Kherson would be biggest city yet captured by Russians Ukrainians say street battles are going on Russia bombards other cities as its advances stall Center of Kharkiv turned into bombed-out wasteland UN votes overwhelmingly to censor Russia’s invasion KYIV/KHARKIV, Ukraine, March 2 (Reuters) – Ukrainians said on Wednesday they were battling on in the port … Read more

Shell to exit Russia after Ukraine invasion, joining BP

Shell pulls out of giant Sakhalin 2 LNG project Move to lead to impairments of $3 billion ‘We are shocked by the loss of life in Ukraine,’ CEO says LONDON, March 1 (Reuters) – Shell (SHEL.L) will exit all its Russian operations, including a major liquefied natural gas plant, it said on Monday, becoming the … Read more

BP exit opens new front in West’s campaign against Russia

BP to abandon Rosneft stake at cost of up to $25 billion Companies with Russian assets coming under growing pressure EU industry chief tells Alphabet to ban war propaganda accounts Battle between Russia and big tech companies expected to deepen Financial sanctions designed to isolate Russian economy Feb 28 (Reuters) – Energy major BP opened … Read more