World of disruption creates opportunities, TotalEnergies CEO says
05/10/2026 17:14
World of disruption creates opportunities, TotalEnergies CEO says LONDON, Oct 5 - TotalEnergies TTEF.PA Chief Executive Patrick Pouyanne said on Monday he preferred "a world of disruption rather than a peaceful world" because it creates more opportunities.
Pouyanne told the Energy Intelligence Forum that large, integrated companies with global portfolios of energy assets were a useful business model in times such as the ongoing Middle East war.
TotalEnergies' profit has mushroomed this year, similarly to rivals Shell SHEL.L and BP BP.L, with all three reaping billions of dollars from trading amid the energy supply crunch caused by the Iran war.
(reporting by Anushree Mukherjee, Stephanie Kelly, Robert Harvey, Shadia Nasralla)
Recent news on TotalEnergies SE
See all newsFrance set to secure an extra 295,000 metric tons of diesel a month from Gulf countries (updated)
France secures additional 295,000 tons of diesel a month from Gulf countries, official says
Namibia's disputed petroleum bill clears second reading in parliament
Oil majors face spending test from Iran war windfall cash
Mozambique courts South African investment for new gas project