'Now is the moment to end the fossil fuel era.'
published Friday by three green groups reveals top energy companies helped build Russian President Vladimir Putin's war chest to the tune of nearly $100 billion since 2014.
The analysis tracks back to 2014, when Russia annexed Crimea—a region that most countries still consider to be part of Ukraine. Putin launched a full-blown invasion of Ukraine in late February, a war now in its second month. Responding to BP's statement, the briefing says that"we included these values to provide greater transparency and a full accounting of these companies' activities in Russia on the principle that a company's responsibilities are proportional to its share in the companies it owns stakes in, in the same way that the benefits it enjoys are."
"The Russian energy industry is Putin's biggest earner and companies like BP that turned a blind eye to the Crimean invasion, continuing to support money pouring into his war chest, should surely be questioning whether they now have Ukrainian blood on their hands," he added.Trafigura stated that it had made no direct payments to the Russian government as a result of its share in an oil project.
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