Governmental Approval and European Companies

: The introduction of EU sanctions against Russia hasn’t scared off the largest European companies, working in the fuel and energy sector, according to Financial Times, according to Russia Today. Besides BP, Italy Eni and Norway Statoil have already received governmental approval to continue working on joint projects with Rosneft. Petersburg International Economic Forum. Shell continues to work with Gazprom Neft over the Salym project in the Siberian Khanty-Mansiysk area and is seeking Dutch government approval for other joint ventures. The announcement was also made just days prior to the St. Shell ex-CEO says sanctions on Russia don't work The news comes as the G7 claimed they are ready to extend sanctions last week. (news.financializer.com). As reported in the news.

The content, information, trademarks and multimedia posted on this blog copyrights to their original owners and herein blogged in good faith for the purpose of commentary, speech, opinion and debate.

financializer news

A weblog highlighting financial topics making news in the international media.