KUALA LUMPUR (Reuters) -French oil major TotalEnergies will deploy 30% of its capital expenditure to build an integrated power business, its chief executive Patrick Pouyanne said on Monday. The
TotalEnergies Allocates 30% of Capital Expenditure to Power Sector
KUALA LUMPUR (Reuters) -French oil major TotalEnergies will deploy 30% of its capital expenditure to build an integrated power business, its chief executive Patrick Pouyanne said on Monday.
The company aims to raise the share of electricity in its portfolio to 20% by 2030, Pouyanne said at the Energy Asia conference.
(Reporting by Sudarshan Varadhan; Writing by David Stanway; Editing by Martin Petty)
