1. Activist Clearway Urges TotalEnergies to Exit Russia or Face Vote

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    Activist Clearway Urges TotalEnergies to Exit Russia or Face Vote

    (Reuters) - Activist investor Clearway Capital has written to the board of French energy major TotalEnergies calling on it to exit its Russian operations in light of the war in Ukraine or face a vote on the issue at its next shareholder meeting...

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    1. We believe there to be a groundswell of support among the company's shareholder base for decisive action from TotalEnergies.
    2. In the short term, the risk of sanctions and possible retribution by the Russian state far outweigh any financial benefit of continuing operations in Russia and any business with Russian enterprises.

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