TotalEnergies CEO Patrick Pouyanne announced a $10 billion investment in Angola over five years to sustain crude output, securing new exploration licenses and launching an AI geoscience initiative.
TotalEnergies and industry groups warn Madagascar’s plan to nationalize fuel imports risks exposing traders to sanctioned Russian oil amid rising geopolitical ties. The move threatens energy security
TotalEnergies CEO Patrick Pouyanne met Syrian counterparts to finalize an offshore exploration contract following a May MOU. Discussions also covered pipeline routes for Iraqi oil transit amid regiona
TotalEnergies CEO Patrick Pouyanne called for investing in Gulf pipelines to bypass the Strait of Hormuz due to security threats from the Iran crisis. He proposed alternative land routes via Iraq and
The EU Commission clarified that EU operators are prohibited from trading Russian LNG to third countries starting in 2027, regardless of destination. Major energy firms like TotalEnergies and Naturgy
TotalEnergies CEO Patrick Pouyanne stated at the AGM that French citizens prefer capped fuel prices over superprofit taxes, prompting the government to soften its rhetoric on taxing megaprofits based
French Finance Minister Roland Lescure indicated potential windfall taxes on companies benefiting from energy price surges amid the Iran crisis. Opposition politicians are pushing for specific levies
France stated it will not rule out an exceptional tax on TotalEnergies due to excess profits from soaring oil prices, though fuel-price caps remain preferred. The levy aims to redistribute windfall ga
French President Macron stated energy companies are not exploiting the Iran war for undue profits, though EU finance ministers have previously urged taxing windfall gains amid soaring oil prices affec
TotalEnergies delays Middle East production restart until Strait of Hormuz stability returns, impacting 15% of upstream output. CEO Patrick Pouyanne predicts $80/barrel oil prices by 2026 and aims to
French President Macron urges reopening the Strait of Hormuz as TotalEnergies warns of global energy shortages. Blocking 20% of global oil and gas flows risks scarcity affecting essential commodities
TotalEnergies signed a 20-year agreement to buy 2 million tons of LNG annually from the Alaska LNG project, boosting its US export status and Asian market reach.
TotalEnergies CEO predicts the EU will relax mandatory Sustainable Aviation Fuel (SAF) blending requirements, citing airline opposition similar to the ICE vehicle ban reversal. Consequently, the compa
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