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Ukraine Decries TotalEnergies’ Russia Dividend as ‘Blood Money’

PARIS—French power firm TotalEnergies SE is coming underneath strain from Ukraine’s authorities to waive a dividend value a whole bunch of tens of millions of {dollars} from a Russian natural-gas large as Europe braces for a winter without ample supplies of the gas.

Oleg Ustenko and Mykhailo Podolyak—high advisers to Ukrainian President Volodymyr Zelensky—despatched a letter to TotalEnergies CEO Patrick Pouyanné on Thursday asking what he plans to do with the $440 million dividend the agency stands to reap from its 19% stake in PAO Novatek.

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