TotalEnergies Held Talks With French Government on Russia Assets

  • BP and Shell already said they will exit Russian operations
  • Companies are bowing to pressure to isolate Putin over Ukraine
Photographer: Matthieu Rondel/Bloomberg
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TotalEnergies SE has held talks with the French government over its continuing operations in Russia, after BP Plc and Shell Plc announced they would exit the country.

The French government has been discussing the issue and TotalEnergies Chief Executive Officer Patrick Pouyanne is “perfectly aware of the gravity of the situation,” French Finance Minister Bruno Le Maire said in an interview on CNews Television on Tuesday. “It is a question of principle.”