Shell’s Ben van Beurden bows to Putin on Good Friday, 18 April 2014
Extract from a New York Times article by
European Firms Seek to Minimize Russia Sanctions
BERLIN — With the showdown over Ukraine escalating and President Obama warning Moscow of a tough new round of sanctions, Russia and its allies in the European private sector are conducting a separate campaign to ensure that they can maintain their deep and longstanding economic ties even if the Kremlin orders further military action. No European industry has been as open in its support of Russia as the energy industry. Executives have publicly voiced skepticism about the effectiveness of sanctions, lobbied behind the scenes to head them off and traveled to Russia, on at least one occasion to pose with Russia’s president, Vladimir V. Putin.
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