TotalEnergies Q2 2026 profit doubles to $6B on elevated energy prices
Energy
- 23 July, 2026
- 14:45
Add Report.az to preferred Google sources
Stay up to date with the top news!
French energy company TotalEnergies posted a profit of $6 billion in the second quarter of 2026, double the amount recorded in the same period of 2025, Report informs, citing the company's financial update.
"Against the backdrop of high prices linked to the conflict in the Middle East, TotalEnergies is leveraging its integrated model and diversification, demonstrating adjusted net income of $6 billion and cash flow of $9.8 billion in the second quarter, which is nearly 15% higher than in the previous quarter," CEO Patrick Pouyanné said in the update.
Total profit for the company during the specified period reached $11.2 billion, representing a 73% increase compared to the previous year.
Latest News
00:05
Ukraine discusses postwar recovery and 2027 financing with partners in Brussels
Other countries
23:38
Trump acknowledges Iran war and fuel prices contributed to Republican defeat
Other countries
23:28
Moldova could complete EU accession talks in 2028, government says
Other countries
22:54
Recep Tayyip Erdoğan: I take great pleasure in conveying my most sincere wishes to President Ilham Aliyev
Foreign policy
22:45
Azerbaijani ambassador highlights Croatia"s support for demining efforts
Foreign policy
22:38
Photo
First Vice-President Mehriban Aliyeva, along with her family members, attended symphonic show by internationally acclaimed violinist David Garrett
Cultural policy
22:19
Azerbaijani cookbook published in Bosnian
Foreign policy
21:47
Azerbaijani energy minister begins visit to Ukraine
Energy
21:20
Photo
Baku hosts medal ceremony at World Fire and Rescue Sport Championships
Team sports