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0 0 0.00158520475561433 0.00158520475561433 0.00264200792602382 0.0030383091149274 0.00224570673712023 0.000926023778071288
Stock impact report

Oil giant TotalEnergies on Trump's Venezuela dream: ‘Too expensive and too polluting' [MSNBC.com]

TotalEnergies SE Ordinary Shares (TTE) 
Company Research Source: MSNBC.com
In this articlePatrick Pouyanne, chief executive officer of TotalEnergies SE, during the Conference de Paris, organized by the International Economic Forum of the Americas (IEFA) in Paris, France, on Tuesday, Dec. 16, 2025.Bloomberg | Bloomberg | Getty ImagesThe CEO of French energy majorDonald Trumpto invest billions in the countryThe company quit Venezuela in 2022 but the Trump administration has urged oil majors to return since the U.S. military operation to seize the country's president, Nicolás Maduro, on Jan. 3.Speaking on Wednesday, TotalEnergies CEO Patrick Pouyanné told reporters the company quit the country "because it clashed with our strategy. It was too expensive and too polluting and that is still the case." The comments were reported by Reuters.A spokesperson for TotalEnergies was not immediately available for comment when contacted by CNBC.The Trump administration has called on U.S. energy giants toinvest $100 billionTrump has pledged to support American oil companies Show less Read more
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