French energy company TotalEnergies posted a net profit of $8.3 billion in the third quarter. It rose 124 percent year-on-year and represents a record result for the group. The result was driven mainly by high energy prices, historically high refining margins, and rising natural gas prices. Le Figaro ↗
The company's refineries operated at full capacity. Developments in the hydrocarbon markets were also influenced by the conflicts in Ukraine and the Middle East, which contributed to the rise in oil and gas prices. According to published data, TotalEnergies benefited significantly from its broad business model in a high-price environment. Le Monde ↗
The record profit prompted a reaction from the French government. Its spokesperson and Minister of Energy Maud Bregeon called on the company to lower diesel prices for consumers. The request is linked to the drop in prices following the release of petroleum product reserves and the expectation that this development will also be reflected in prices at filling stations. Le Monde ↗
Bregeon stated that the government expects exemplary behavior from TotalEnergies. The group is thus facing pressure to pass part of the favorable market developments on to customers. The government has not yet announced the specific scale of the requested price reduction or the manner in which the company should carry it out. Le Figaro ↗
Further developments will depend on oil and gas prices, refining margins, and the situation on global markets. The third-quarter results are also reinforcing public debate on how energy companies should respond to significant changes in fuel prices.
TotalEnergies posts record profit, government demands cheaper diesel
On Record
👤
Maud Bregeon
Hovorkyňa francúzskej vlády a ministerka energetiky
29.10.2026
„On demande à Total d’être exemplaire"
Výzva spoločnosti na zníženie cien nafty.
This summary was generated by artificial intelligence. It may contain inaccuracies. Please verify information in the original sources below.
Sources (3)
«On demande à Total d’être exemplaire» : le gouvernement exige une baisse du prix du gazole après le déstockage des barils
Le Figaro
| 10:59 29.10.
TotalEnergies affiche des profits record, dopés par les tensions mondiales sur le gazole
Le Monde
| 11:05 29.10.
TotalEnergies: bénéfice net record au troisième trimestre à 8,3 milliards de dollars
Le Figaro
| 10:06 29.10.
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