Representatives of the Chinese oil company CNOOC said they will stop working in some Western countries. The news agency writes about it Reuters. Factories in the US, Canada and the UK will be suspended.
CNOOC launched a global review before it entered the Shanghai Stock Exchange. The company is looking to provide alternative financing after the company’s shares are out of business in the US in 2021.
CNOOC drew attention to the difficult manageability of assets abroad.
Earlier, it was reported that the biggest independent oil trader Vitol Group’s statements regarding the end of Russian oil purchases by the end of 2022 are nothing but fiction. The European company is among the top 20 buyers of Russian raw materials, which is unlikely. to let Experts say that in the name of “sanctions solidarity” with the EU, 2-5 million tons of oil are lost annually. Vitol will most likely repeat the trick of British Shell, which mixes the “Latvian” variety of raw materials with the Urals and, as a result, receives “non-democratic Russian” oil.