Defying protests, TotalEnergies says seeking new oil fields

La Defense, France (AFP) May 24, 2024

The boss of TotalEnergies told shareholders Friday the French energy giant needed to develop new oil fields to meet global demand, as their AGM was picketed by climate activists. Patrick Pouyanne warned that higher oil prices prompted by insufficient fossil fuel output "would quickly become unbearable for the populations in emerging countries, but also in our developed countries". Demand