Total

Latest news and articles about Total from NEX English

Establish partnership worth $2.2 billion to boost renewable energy

Emirati company Masdar and French Total Energies have announced a strategic partnership valued at <strong>$2.2 billion</strong> to enhance renewable energy projects in Asia. This initiative reflects both companies' commitment to expanding their investments in this vital sector.

Expect significant rise in natural gas prices amid Hormuz closure

Patrick Pouyanne, CEO of Total, expressed concerns about the impact of the ongoing closure of the Strait of Hormuz on liquefied natural gas prices, predicting a substantial increase by summer. His comments came during the annual CERAWeek energy conference in Houston, Texas.