Saudi Arabia is rattling the oil sector with a price war that many think is aimed at U.S. oil producers. But there’s an easier price war to win: with Canadian tar-sands operators.
by Oilprice.com • • Comments Off on What Is Total’s Fate in Russia Now?
Oil major Total and Russia are joined at the hip. Putin called late CEO de Margerie a “true friend.” But sanctions and sinking oil prices are daunting hurdles.
The threat hangs over the EU. Eurocrats claim no one would be without natural gas. But a leaked report from the German government explains what fiasco it would be.