LONDON ? Royal Dutch Shell said Friday it will ?cease? activities in Syria after the European Union blacklisted three state-owned Syrian oil companies in an effort to raise the pressure on President Bashar al-Assad?s regime.
The European Union said Friday it has widened its sanctions on the oil companies, General Petroleum Co., Al Furat Petroleum Co. and Syria Trading Oil Co. The move is seen as a significant blow to Syria, with diplomats expecting it to curtail oil production in the country.
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Source: http://feeds.washingtonpost.com/click.phdo?i=df328a6a476b5385c048e441e2962131
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