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TotalEnergies Anticipates Q3 Earnings Boost on Production Surge

OilPrice · Tsvetana Paraskova · last updated
Despite the $10 per barrel decline in oil prices, TotalEnergies expects its earnings and cash flow to have increased in the third quarter from a year earlier, on the back of higher oil and gas production and an annual surge in refining margins.   TotalEnergies expects its oil and gas production for the third quarter 2025 at 2.5 million barrels of oil equivalent per day (boe/d), up by 4% year-on-year, the French supermajor said in a trading update on Wednesday, ahead of the full Q3 results to be published on October 30.  The output…