Total announces actions to reduce the energy bill: "There is a marketing impact"
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TotalEnergies will invest $27 billion in oil, gas and solar power in Iraq after signing a contract with the country's authorities (Illustration image).
© CHRISTOPHE ARCHAMBAULT/AFP
By: Jean-Baptiste Marot Follow
In the midst of an energy and purchasing power crisis, the Total group is going to grant a gas voucher of 100 euros for 200,000 customers of its company and reductions on refueling at Total Energies stations in rural areas in from Monday.
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How to interpret this gesture when the company is about to announce huge profits because of soaring crude prices.
Is it a real gesture of solidarity or a disguised seduction operation?
Answers with Jean-François Robin, director of research at Natixis CIB.
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