Up 1000%! The Giant Sends a 'Retreat' Signal!

We all know that the energy crisis in Europe has intensified recently. Affected by extreme weather, the European power crisis has completely detonated. Currently, the power crisis in Germany and France is particularly severe. On the 26th local time, the basic load electricity bill delivered in France reached 1130 euros / MWh, an increase of 1000% compared to the same period last year!

At a critical moment of European energy tension, another energy giant announced its withdrawal from the Russian market. Recently, Total Energy said it would transfer its natural gas project in Russia and gradually suspend other commercial activities.

At present, a number of energy giants have announced their withdrawal from the Russian market, including Shell, BP, Technip Energy and many other companies, which also marks the intensifying energy crisis in Europe.