LNG and renewables are the core of TotalEnergies SE’s U.S. strategy as it inks alliances to expand the global trading arm, executives said Wednesday.
The French supermajor is “profitably expanding,” with liquefied natural gas equity production in the United States and Mexico, said CFO Jean-Pierre Sbraire. He and CEO Patrick Pouyanné shared the stage in New York City during a two-day show to present detailed strategies and the global energy outlook.
There were questions from analysts about Western Europe, which is facing down a potentially dire winter as Russian natural gas supply dwindles.
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