8 articles
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 announced plans to double the capacity of the Fujairah oil export pipeline in Abu Dhabi to mitigate risks in the Strait of Hormuz. CEO Patrick Pouyanne emphasized securing alternate tran
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 Pouyanné stated that Middle East producers are eager to sell crude stockpiles due to shipping constraints through the Strait of Hormuz. He predicts the market will take three
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
TotalEnergies CEO Patrick Pouyanné disclosed that oil trading operations yield roughly $2 billion yearly, representing 10% of earnings. Strong performance was driven by high hydrocarbon prices and str
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
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
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