French economy minister to talk to TotalEnergies and Engie
The major has failed to go as far as European IOC peers
The French economy ministry accepts that “there is now a problem of principle in working with any political or economic figure close to Russian power", minister Bruno Le Maire told French TV on Tuesday morning. And he promised he would be “discussing” engagement with the Putin regime with senior management at TotalEnergies and utility Engie. The government response comes as TotalEnergies issued a statement regarding its Russian activities that fell far short of matching peers such as BP, Shell and Norway’s Equinor, which have all promised an exit from the country. The French major is thus far committing only to no longer providing capital for new projects in Russia. “TotalEnergies supports t
Also in this section
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away






