Following the
2022 Russian invasion of Ukraine which began on February 24, many international, particularly Western companies pulled out of Russia. On March 1, TotalEnergies announced it "will no longer provide capital for new projects in Russia" but has retained ownership of its 19.4% stake in privately owned
Novatek, 20% stake in the
Yamal project and 10% stake in Arctic LNG 2.This has led to criticism as insufficient, particularly given complete divestment of other major Western energy companies, and the European Union announcement of becoming more energy independent from Russia