Current TOT Stock Info

The French oil major is looking for up $15 billion in Chinese financing to develop projects in Russia
Many companies are trying to steer clear of extra risk in Russia as the West continues to add new sanctions against the country since it annexed Crimea early last year. Oil majors like Chevron (ticker: CVX) and ExxonMobil (ticker: XOM) have pulled out of projects in Russia as the risk associated with being caught in sanctions becomes too much to justify continued cooperation. France’s Total (ticker: TOT) has decided to buck this trend.

“In ...

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