Paris, April 30, 2025 (AFP) - TotalEnergies profits drop as prices slide

NAMPA / AFP

2025-04-30

TotalEnergies said Wednesday that its net profit fell in the first quarter despite expanding production, as a slide in global crude oil prices penalises the financial performance of energy firms. The French group said that its first-quarter net profit came in at $3.9 billion, a third lower than the same period in 2024. However, the company noted that result was broadly in line with the final quarter of last year. TotalEnergies boosted crude oil p......

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