US executives resign from $25B Polar LNG venture over Russian control claims

US executives: This label refers to American business leaders involved in the Polar LNG venture, including former chief executive Joel Riddle. Riddle resigned after alleging that the approximately $25 billion Alaska gas project had concealed financial backing from a powerful Russian company, raising questions about the venture’s ownership and independence. {"Ownership scrutiny": "The Alaska project reportedly relied on covert Russian financing that was initially presented as funding from a United Arab Emirates-based company.", "Technology dependence": "The venture planned to use Russian technology to develop Alaska natural gas, process it into liquefied form, and export it to foreign allies."}