Oil companies that have announced shutting down in Russia. So what happens to their assets in that country? Does Russia just nationalize it and take it over? Or does everything get dismantled and hauled off?
I don't see Russia just sitting by while BP shuts down oilfields? Just have natives go in there and seize everything(this is a war, right?) so what good is it for a company to "divest" itself of operations in another country? (unless it is a third world hell hole that does not know how to develop an oilfield)
Surely Russia has war times power act, like how the U.S. Government forced GM to build ventilator machines.
I don't see Russia just sitting by while BP shuts down oilfields? Just have natives go in there and seize everything(this is a war, right?) so what good is it for a company to "divest" itself of operations in another country? (unless it is a third world hell hole that does not know how to develop an oilfield)
Surely Russia has war times power act, like how the U.S. Government forced GM to build ventilator machines.