TotalEnergies Achieves Milestone in Production Amid Refinery Challenges
Tuesday, 16 July 2024, 12:19
TotalEnergies Stock Performance
TotalEnergies stock experienced fluctuations due to a mix of successful production output and struggling refinery operations.
Oil and Gas Production
- Successful Quarter: TotalEnergies hit the upper target of its production forecast.
- Refinery Challenges: Weak margins in the downstream sector are expected to affect overall profitability.
Despite its achievements in production, the company grapples with refining issues that have downstream financial implications.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.