TotalEnergies: new record profit in 2023 despite the drop in gas and oil prices. Results fueled in particular by its strategy in liquefied gas in a depressed context for gas andOil prices.
TotalE energies intends to maintain its target of 35 GW of renewable electricity in 2025, before 100 GW in 2025. Its strategy "seems ready to move the world a little further away from its climate objectives", the NGO Global Witness reacted. The group has diversified into renewable electricity: “we are the most profitable so we can combine profitability and transition,” said its CEO on Wednesday.