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Tag Archives: Patrick Pouyanne

TotalEnergies Q3 net income reaches 6.6 bln USD

Paris, France | Xinhua | French multinational energy and petroleum company TotalEnergies on Thursday said that its net income rose to 6.6 billion U.S. dollars in the third quarter of 2022, a year-on-year increase of 43 percent. In a press release, Patrick Pouyanne, chief executive officer (CEO) of TotalEnergies, said that …

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It is early to say no to oil and gas: TotalEnergies

Kampala, Uganda | THE INDEPENDENT | Patrick Pouyanné, CEO of TotalEnergies says the current energy market disruptions have reinforced the necessity of dialogue on a global basis about the energy transition. Pouyanné in a statement said with the increased penetration of renewables globally, natural gas keeps a key role in the energy …

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Uganda, TOTAL agree on pipeline project

Mukono, Uganda |  THE INDEPENDENT | The Uganda government and the French oil giant Total E&P have reached a major milestone that paves the way for a Final Investment Decision on the production of Uganda’s oil. This came during a meeting between President Yoweri Museveni and Patrick Pouyanné, Chairman and CEO …

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Oil collapse wipes out profits at Total

Paris, France | AFP | Total said Tuesday its quarterly profit fell by 99 percent because of dropping oil prices and announced it would slash investments in response to ongoing turmoil in crude markets. The French oil major reported a net profit of $34 million for the first quarter, against $3.1 billion a year earlier. …

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Optimism and pessimism for oil sector in 2019

Kampala, Uganda | THE INDEPENDENT | The oil sector in 2019 was dotted with both sheds optimism and pessimism in equal measure. The year started with government pledge for transparency in the sector when it signed up to the Extractive Industries Transparency Initiative (EITI), much to the delight of civil …

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Total unveils ‘significant’ offshore S. African gas find

Cape Town, South Africa | AFP | French energy giant Total unveiled Thursday a “significant” gas discovery off the coast of South Africa, an event that President Cyril Ramaphosa called a game-changer. The find could boost the nation’s struggling economy and reduce reliance on imports. “Total has made a significant …

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