TotalEnergies plans to grow oil and gas production until 2030

French energy giant TotalEnergies has announced plans to increase its oil and gas production until 2030, as it seeks to reassure investors about its fundamentals.

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(FILES) The logo of French oil and gas company TotalEnergies is seen on a filling station in Berlin on April 29, 2022. In front of an audience of investors in New York, French oil giant TotalEnergies announced on October 2, 2024, that it still plans to increase its oil and gas production until 2030, despite the scientific consensus urging the world to accelerate the phase-out of fossil fuels. Astrid VELLGUTH / AFP

2024-10-03 10:40:14

French energy giant TotalEnergies has announced plans to increase its oil and gas production until 2030, as it seeks to reassure investors about its fundamentals.

CEO Patrick Pouyanne has a raft of ambitious projects aimed at propelling growth through the decade, not least a $10 billion offshore investment in Suriname that received a green light Tuesday.

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