REG-TotalEnergies SE March 28, 1924: TotalEnergies is 100!

TotalEnergies SEAnnouncement

28/03/2024 08:45

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March 28, 1924: TotalEnergies is 100!

 

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE):

Today, TotalEnergies’ 100,000 employees in 120 countries worldwide are
pleased and proud to celebrate the 100(th) anniversary of the Company’s
creation. TotalEnergies’ 100-year history tells the story of the world and
energy, from the 1920s to the present day.

A bold and visionary decision

On March 28, 1924, Compagnie Française des Pétroles was founded in France, a
country without any oil. This bold and visionary move marked the start of a
century-long saga. To secure France’s energy supply, our company would
travel to the four corners of the globe, adapting and growing throughout the
century and its many technological and geopolitical upheavals.

Pioneers for 100 years

Unlike our rivals of the day, we did not have access to local resources. That
is why we built our competitive advantage on international expansion and
technical prowess. These two factors have shaped our pioneer spirit and our
journey to this day. Over the years, we have continuously pushed back the
boundaries – both technical and geographical – while also adapting to
changing needs and customer expectations. This is how we accompanied the
remarkable progress and development that took place in modern society during
the 20(th) century. We also acquired additional expertise and experience by
teaming up with Petrofina and Elf-Aquitaine, and more recently with Maersk
Oil, Saft or Direct Energie.

Becoming a multi-energy company

While oil was the energy of the 20(th) century, natural gas and decarbonized
power are central to the energy system of tomorrow. Natural gas is necessary
to the energy transition, as a support for the rise of intermittent renewables
and as a substitute for coal, which emits twice as much CO(2) in power
generation. TotalEnergies is currently the world’s third-largest player in
liquefied natural gas (LNG). And in electricity, we are one of the most
dynamic solar and wind power developers in the world. Electricity is the
energy at the heart of decarbonization and the 21(st) century will clearly be
electric.

Driving the energy transition

Since 2020, we have been resolutely implementing a transition strategy
anchored around two pillars: hydrocarbons (including LNG) and electricity. We
have the ambition to successfully achieve our transition and support our
customers with theirs. Our challenge is to supply the world with the
affordable energy required for its development while also reducing emissions.
That is the "just, orderly and equitable" transition called for by COP28.
Drawing on the pioneer spirit that guides us, we will continue to adjust and
adapt as needed to be part of the story of energy for another 100 years!

***

About TotalEnergies

TotalEnergies is a global multi-energy company that produces and markets
energies: oil and biofuels, natural gas and green gases, renewables and
electricity. Our more than 100,000 employees are committed to energy that is
ever more affordable, more sustainable, more reliable and accessible to as
many people as possible. Active in nearly 130 countries, TotalEnergies puts
sustainable development in all its dimensions at the heart of its projects and
operations to contribute to the well-being of people.

TotalEnergies Contacts

Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com
(mailto:presse@totalenergies.com) l @TotalEnergiesPR 
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Investor Relations: +33 (0)1 47 44 46 46 l ir@totalenergies.com
(mailto:ir@totalenergies.com)

@TotalEnergies
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Cautionary Note

The terms “TotalEnergies”, “TotalEnergies company” or “Company” in
this document are used to designate TotalEnergies SE and the consolidated
entities that are directly or indirectly controlled by TotalEnergies SE.
Likewise, the words “we”, “us” and “our” may also be used to refer
to these entities or to their employees. The entities in which TotalEnergies
SE directly or indirectly owns a shareholding are separate legal entities.
This document may contain forward-looking information and statements that are
based on a number of economic data and assumptions made in a given economic,
competitive and regulatory environment. They may prove to be inaccurate in the
future and are subject to a number of risk factors. Neither TotalEnergies SE
nor any of its subsidiaries assumes any obligation to update publicly any
forward-looking information or statement, objectives or trends contained in
this document whether as a result of new information, future events or
otherwise. Information concerning risk factors, that may affect
TotalEnergies’ financial results or activities is provided in the most
recent Universal Registration Document, the French-language version of which
is filed by TotalEnergies SE with the French securities regulator Autorité
des Marchés Financiers (AMF), and in the Form 20-F filed with the United
States Securities and Exchange Commission (SEC).



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