Australia energy company Viva to end purchases of Russian oil

Politics 12:00 08 Mar, 2022

Australia energy company Viva said it would stop buying Russian crude oil

Australia energy company Viva to end purchases of Russian oil

Australia energy company Viva said on Tuesday it would stop buying Russian crude oil, joining the growing list of companies distancing themselves from Russia in response to its invasion of Ukraine.

Viva, which operates under the Shell group of companies, said it was "appalled" at "this terrible conflict".

"As a consequence .. Viva Energy has made the decision to cease purchases of crude oil of Russian origin while the conflict continues," it added.

Oil markets, particularly those in Europe, are scrambling to find alternative sources of oil as Russia contributes 13% of the world's crude petroleum exports.