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TotalEnergies profits fall 18% on weaker refining margins

Upstream Online · last updated

TotalEnergies profits fall 18% on weaker refining margins

Profits fall as sharp drop in refining margins and lower oil prices offset increased hydrocarbon output

Chairman and chief executive of TotalEnergies Patrick Pouyanne speaks during the Euronext 13th annual conference in Paris on March 18, 2025.
Chairman and chief executive of TotalEnergies Patrick Pouyanne speaks during the Euronext 13th annual conference in Paris on March 18, 2025.Photo: AFP/SCANPIX
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