Europe's ability to survive a cold winter hasn't been tested, energy execs say [Reuters]
TotalEnergies SE (TTE)
Company Research
Source: Reuters
winters, but the continent's ability to survive a cold winter hasn't been tested yet, senior energy executives said on Tuesday. Executives from top energy firms including France's TotalEnergies (TTEF.PA) New Tab , opens new tab and Germany's RWE (RWEG.DE) New Tab , opens new tab said during talks at the Europe Flame Gas and LNG Conference in Amsterdam that in addition to the temperature, major risks next winter would include a pick-up in Chinese demand and supply outages. WHY IT'S IMPORTANT EU nations have raced to replace Russian fuel following Moscow's invasion of Ukraine in 2022, and LNG imports have been instrumental in replacing a substantial share of Russian gas pipeline supplies. In 2023, Europe became the world's biggest importer of LNG, surpassing China, importing 134 billion cubic metres (bcm) of LNG. KEY QUOTES CARA MACDONALD, HEAD OF LNG & CLEAN FUELS SUPPLY AT GERMANY'S RWE SUPPLY AND TRADING "Had we had a cold winter, or if we have a cold winter, this y
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TTE
Earnings
- 4/26/24 - Beat
TTE
Sec Filings
- 5/2/24 - Form 6-K
- 4/29/24 - Form F-3ASR
- 4/26/24 - Form S-8
- TTE's page on the SEC website