Energy War Escalates as Germany Seizes 3 Russian-Owned Oil Refineries
The move is meant to boost energy security before an embargo on oil from Russia takes effect next year, officials said Friday.
BERLIN — Germany is taking control of three Russian-owned refineries in the country to ensure energy security before an embargo on oil from Russia takes effect next year, officials said Friday.
Two subsidiaries of Russian oil giant Rosneft — Rosneft Deutschland GmbH and RN Refining & Marketing GmbH — will be put under the administration of Germany’s Federal Network Agency, the Economy Ministry said in a statement.
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