Patrick Pouyanné
Chief Executive Officer
Photo: Jérémy Barande / Ecole polytechnique Université Paris-Saclay, CC BY-SA 2.0 (Wikimedia Commons, cropped)
- 5d ago
TotalEnergies pledges 8 to 12 cent diesel cut as France releases strategic fuel stocks
Patrick Pouyanné said the cut will follow the release of 10 million barrels from France's strategic stocks, starting in early November. TotalEnergies also committed to 20 cents off non-road diesel used by farmers, construction firms and fishermen.
- Sep 30
Macron meets Milei in Paris as TotalEnergies pledges $10 billion in Argentina
Argentine President Javier Milei met French President Emmanuel Macron at the Élysée Palace to secure European trade and energy investments, following a $10 billion production pledge from TotalEnergies.
- Sep 11
Fabien Roussel calls for French fuel protests and demands 30-centime price cut
French Communist presidential candidate Fabien Roussel urged citizens to protest on roundabouts over energy costs while demanding tax cuts and state action against energy companies.
- Aug 30
TotalEnergies keeps French fuel price caps for duration of Middle East conflict
CEO Patrick Pouyanné confirmed TotalEnergies will cap petrol at 1.99 euros and diesel at 2.25 euros per litre in France for the length of the Middle East conflict, while warning against windfall taxes.
- Aug 28
Economic adviser François Durvye leaves Marine Le Pen's 2027 presidential campaign
François Durvye has stepped down as economic adviser to France's Rassemblement National, parting ways with Marine Le Pen during a MEDEF employers conference debate in Paris.
- Jul 23
EU approves 21st sanctions package against Russia, freezes oil price cap at $44.10 after Greek shipping exemption
After weeks of wrangling, EU ambassadors agreed to freeze the oil price cap at $44.10 per barrel for 12 months, add 32 Russian banks to the transaction ban, and target the shadow fleet, but watered down LNG transport restrictions to satisfy Athens.
- Jul 23
TotalEnergies doubles Q2 profit to $5.4 billion as Middle East war lifts oil prices and reignites France's superprofits tax debate
The French oil major posted a net profit of $5.4 billion for the second quarter of 2026, up from $2.7 billion a year earlier, while adjusted net income reached $6 billion. The surge was fuelled by the three-month Brent average of $97 per barrel, a 45 percent year-on-year jump driven by the conflict in the Middle East and the de facto closure of the Strait of Hormuz.