Oil pumperMOSCOW, Mar 29 Canadian oilfield service company Calfrac Well Services has announced the suspension of all investments in Russia amid a special operation in Ukraine. «Calfrac Well Services announces the suspension of all investments in the Russian Federation as the company fulfills its contractual obligations in strict compliance with all applicable laws and sanctions,» the company said in a statement on its website. which canceled all planned deliveries of equipment and spare parts to Russia due to the situation in Ukraine. Earlier, large oilfield services companies Schlumberger, Halliburton and Baker Hughes also announced the suspension of new investments for their activities in Russia. Russian Deputy Prime Minister Alexander Novak then said that the government would monitor the preservation of oil production in the country. Russia launched a special military operation in Ukraine on February 24. President Vladimir Putin called its goal «the protection of people who have been subjected to bullying and genocide by the Kiev regime for eight years.» For this, according to him, it is planned to carry out «demilitarization and denazification of Ukraine», to bring to justice all war criminals responsible for «bloody crimes against civilians» in Donbass. According to the Russian Ministry of Defense, the Armed Forces strike only at the military infrastructure and Ukrainian troops and, as of March 25, they have completed the main tasks of the first stage — they have significantly reduced the combat potential of Ukraine. The main goal in the Russian military department was called the liberation of Donbass.
