TotalEnergies reports record annual profits of $21.4 billion
The massive French energy company TotalEnergies said on Wednesday that its 2023 profit hit a record-breaking $21.4 billion, up 4% from the year before. good results in its power and liquefied natural gas businesses, together with significant investments in the extraction of fossil fuels, were credited for the company’s good success, despite criticism and ongoing court challenges regarding its environmental practices.