Nine European and US fossil fuel companies have paid a collective $15.8 billion to Russia in various forms of taxes and fees since the country annexed Crimea from Ukraine in 2014, a group of NGOs said Thursday
The groups, Global Witness, Greenpeace USA and Oil Change International, used data from the Oslo-based Rystad Energy, an independent energy research firm, to calculate how much money oil and gas companies based in North America and Europe had sent to the Russian state. They looked only at companies with exploration and production operations in Russia.
The US banned Russian oil. So, what now? 01:52The other four companies listed in the NGOs' statement are France-based TotalEnergies ; Norway-based Equinor ; Austria-based OMV and Switzerland-based Trafigura .Rystad told CNN that its datasets were based on estimates derived from limited reporting available on taxes. TotalEnergies also has stakes in Russian oil and gas companies that have paid hundreds of millions of dollars more to the government, according to Rystad data.
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