TotalEnergies Unveils Energy Investment Line-up In Nigeria

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Following the recent name change of the Total Group to TotalEnergies, Total companies in Nigeria have highlighted the path to the new name that reflects

the vision and ambition of the TotalEnergies Group, with a broad energy line-up that includes oil, gas, electricity, hydrogen, biomass, wind and solar.At a virtual parley with, executive general manager, Total Country Services, Mrs. Bunmi Popoola-Mordi, made a presentation showing the steps that would mark the adaptation of the new name, logo and visual identity which she said were at the heart of the company’s strategy to achieve carbon neutrality by 2050.

On downstream, the company said, “we want to influence demand by offering customers decarbonised alternatives whenever possible. By 2030, the production and sale of petroleum products will account for around a third of TotalEnergies’ aggregate energy production and sales. “This is slated to decline to below 20 per cent by 2050, versus 55 per cent in 2020. Simply put, we are leveraging the energies of today to build the energies of the future, and 2020-2030 will be the decade of our transformation into a truly broad energy company with a line-up featuring oil, gas, electricity, hydrogen, biomass, wind and solar.”

The company reiterated that “TotalEnergies intends to become a major player in the energy transition, and we have built a solid foundation on which to achieve our ambition.”

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