TotalEnergies defends results against windfall profits accusations
TotalEnergies CEO Patrick Pouyanné claims a 200 million euro investment effort in response to windfall profits accusations.
Published 13sem1 sourceNotableupdated 5sem
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The fact
Facing criticism over excessive oil industry margins, the group justifies its commercial performance through massive investments.
This defense illustrates persistent tension between oil majors and European governments over energy profit distribution.
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