Paris — TotalEnergies (TTEF.PA) said it would spend 1 billion euros ($962.60 million) over the next two years to help businesses become more efficient in their use of energy at a time when Europe faces a serious energy crunch amid the war in Ukraine.
“This will free an important volume as we are ourselves large energy users,” TotalEnergies Chairman and CEO Patrick Pouyanne told a gas industry conference.
($1 = 1.0389 euros)
*Caroline Pailliez, Dominique Vidalon; Editing: Sudip Kar-Gupta – Reuters
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