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Middle East War: TotalEnergies Claims that Price Caps Cost It 200 Million Euros

Summary by PUBG PC LITE
His remarks are sure to provoke a reaction. The CEO of TotalEnergies stated this Wednesday that the price cap on its fuels in France had resulted in a loss of around €200 million for his group since the start of the war in the Middle East. At the same time, TotalEnergies recorded €4.96 billion in profits in the first quarter, a 51% year-on-year increase… “The cap is lower than the cost price,” he asserted before a parliamentary committee. Patric…

16 Articles

Lean Left

In front of the Assembly's Finance Committee on Wednesday, June 17, the CEO wanted to convince that the company he runs is a taxpayer like the others. He estimated the loss of profits for his group to be EUR 200 million, resulting in the capping of the price of his fuel in France.

·Paris, France
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Lean Right

Published on Wednesday 17 June at the National Assembly, the CEO of TotalEnergys, Patrick Pouyanné, has come back on the taxation of multinationals and fuel prices. Assuming his cap, he assures that his group is replicating prices downwards.

Lean Right

Audited by the Members of the Finance Committee, the boss of the tricolored petrogazier giant said that "it was difficult to understand the criticisms" of "a voluntary contribution" that "no one asked" of the group.

·Paris, France
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Center

TotalEnergys has lost 200 million euros by voluntarily capping its pump prices since the outbreak of the war in Iran, according to its CEO Patrick Pouyanné on June 17, 2026, in front of the National Assembly,...

Center

With nearly $19 billion in profits in 2024, TotalEnergies continues to fuel the debates on the taxation of multinationals. If the group claims to pay billions of taxes in the

Sud OuestSud Ouest
+2 Reposted by 2 other sources
Center

The CEO of TotalEnergies Patrick Pouyanné is interviewed on Wednesday by the Finance Committee of the National Assembly on the taxation of multinationals and their profits.

·France
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  • 50% of the sources are Center
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Sud Ouest broke the news in France on Wednesday, June 17, 2026.
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