Oil

TotalEnergies to Spend 1 Bln Euros on Energy Efficiency

TotalEnergies (TTEF.PA) said it would spend 1 billion euros ($962.60 million) over the next two years to help businesses become more efficient in their use of energy at a time when Europe faces a serious energy crunch amid the war in Ukraine.

“This will free an important volume as we are ourselves large energy users,” TotalEnergies Chairman and CEO Patrick Pouyanne told a gas industry conference.

Comment here