CORRECTED: TotalEnergies annual profit falls, reduces low-carbon energy investments

TERRA.WIRE

CORRECTED: TotalEnergies annual profit falls, reduces low-carbon energy investments
Paris, Feb 5 (AFP) Feb 05, 2025
French oil and gas major TotalEnergies reported on Wednesday a 26 percent drop in net profit for 2024 and said it would reduce its investments in low-carbon energy by $500 million this year.

The company posted an after-tax profit of $15.8 billion, around $1 billion lower than forecast by analysts surveyed by Bloomberg and financial data firm FactSet.

ISS Crew Demonstrates Robotics and Monitors Environmental Conditions

Europa Clipper Charts Course to Jupiter With First Stellar Snapshots

KAIST develops AI-driven performance prediction model to advance space electric propulsion technology

Google pledge against using AI for weapons vanishes

OpenAI chief Altman signs deal with South Korea's Kakao after DeepSeek upset

Rethinking biochar to expand carbon removal potential

Trump reinstates 'maximum pressure' campaign on Iran

BlackSky secures multiyear EMDYN contract to enhance global on demand satellite imagery

Mobix Labs Secures Defense Funding to Advance SATCOM SoC Innovation

Trump taps 'Sharpiegate' meteorologist to lead top science agency

Study identifies leading continuous methane emitters worldwide

Greenland ice crevasses escalate fueling further rise in sea levels

ADVERTISEMENT

All rights reserved. Copyright Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse.