TotalEnergies SE leveraged its globally integrated liquefied natural gas (LNG) portfolio last year to capitalize on soaring commodity prices and turn in what management said were historic financial results. “We went from I would say the historic bottom in terms of results last year…to record results and cash flows in 2022,” said CEO Patrick Pouyanné.…
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Articles from TotalEnergies
Natural Gas Projects in Asia, Middle East Advance in Series of Year-End Deals
A number of deals were signed across Asia and the Middle East in recent weeks to further expand the availability of natural gas and develop new resources. BP plc has signed a 10-year natural gas supply agreement with a subsidiary of China’s State Power Investment Corp. (SPIC) to supply 200,000 metric tons/year (mty) starting in…
December 27, 2021
LNG Trading Lifted TotalEnergies to Big 3Q Gains Amid Global Energy Crunch
TotalEnergies SE posted big gains on the global commodities rally in the third quarter, tapping its integrated structure to supply a world short on energy and sharply reversing the losses it sustained during the pandemic downturn last year. “The global economic recovery, notably in Asia, drove all energy prices sharply higher in the third quarter…
October 29, 2021
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