Total changes its name to TotalEnergies

Shareholders of the French oil company Total have almost unanimously supported the change of its name to TotalEnergies, which should reflect its strategic transformation into a broad-based energy company. “Energy is life. We all need energy, it is the source of progress. And today, in order to contribute to the sustainable development of the planet facing the climate crisis, we are together taking a step forward towards new types of energy, “said the head of Total, Patrick Pouyanne.

According to Mr. Pouyanne, Total wants to become one of the leaders in the field of green energy. The French company is now the world’s fourth largest oil and gas producer. The company previously unveiled plans to reduce emissions and achieve carbon neutrality by 2050 by increasing investments in solar and wind energy projects and reducing the share of petroleum products in Total’s sales from 55% to 30%.

Alena Miklashevskaya