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PARIS — French group TotalEnergies reported on Wednesday the highest profit of its history for 2023, underpinned by performances in its liquefied natural gas and electricity divisions.Net profit came in at $21.4 billion, an increase of 4 per cent over 2022.Its bottom line put the French energy conglomerate ahead of its global peers Shell, BP, Exxon-Mobil and Chevron which all
TotalEnergies is pushing ahead with its Tilenga drilling project in Uganda and the 1,443-kilometre (897-mile) East African Crude Oil Pipeline (EACOP) to transport crude to the coast in Tanzania
French group TotalEnergies reported on Wednesday the highest profit of its history for 2023, underpinned by performances in its liquefied natural gas and electricity divisions as it continues to invest heavily in fossil fuel production.- 'Shifting away from renewables' - TotalEnergies has pursued its diversification towards low-carbon electricity production, but continues to be criticised by environmental groups for its ongoing investment in fossil fuels because of their climate impact.
PARIS — French group TotalEnergies reported on Wednesday the highest profit of its history for 2023, underpinned by performances in its liquefied natural gas and electricity divisions.Net profit came in at $21.4 billion, an increase of 4 per cent over 2022.Its bottom line put the French energy conglomerate ahead of its global peers Shell, BP, Exxon-Mobil and Chevron which all