TotalEnergies plans $14B-$17B in annual investment through 2032
7 Articles
7 Articles
TotalEnergies to Use Oil Production Growth to Fund Low-Carbon Power Shift
TotalEnergies is expanding its oil and gas production by 2% to 3% annually through the mid-2030s. This move anchors the company's financial base in upstream projects and exploration while it simultaneously pivots toward low-carbon power. Between 2030 and 2035, the company intends to add 10 to 12 TWh of clean generation per year to shift its asset structure and mitigate the risks of the energy transition. The strategy treats hydrocarbons as a fun…
With record profits, the French giant is committed to producing more and more oil and gas, at least until 2035.
TotalEnergies to recover $2.5b in share buybacks in Q4 2026, eyes 4% energy production growth per year until 2030
WorldStage– TotalEnergies has confirmed its objectives of growth for oil, gas & electricity production and free cash flow towards 2030 while presenting ambitions for growth at 2035 horizon . The already possesses a rich portfolio of organic projects (Namibia, Nigeria, Libya, Malaysia, Mozambique and Papua New Guinea) and a proven reserves life index of more than […]
The French major intends to continue investing in hydrocarbons, at least until 2035, to meet the global demand for energy. A message well received by the financial community but which will be controversial among the climate advocates.
The French multinational energy company TotalEnergies, one of the largest in the world, announces that it will increase oil and gas production by around 3 percent in the period up to 2035. The company has made nearly 10 billion euros in profit in the last two quarters.
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