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Totalenergies CEO says final decision on Venus project in Namibia to be taken this year

ReutersFeb 11, 2026 8:21 AM

- TotalEnergies TTEF.PA CEO Patrick Pouyanne:

  • WE WILL SEE HOW TO GROW RENEWABLES PORTFOLIO IN ITALY

  • WE WILL TAKE FINAL INVESTMENT DECISION ON VENUS PROJECT IN NAMIBIA IN 2026

  • ON VENEZUELA WE ARE CLEAR WE EXITED BECAUSE IT CLASHED WITH OUR STRATEGY. IT WAS TOO EXPENSIVE AND TOO POLLUTING AND THAT IS STILL THE CASE

  • WE ARE COMMITTED TO ENSURING OUR GLOBAL RESERVES GROW IN FUTURE, WE RECENTLY SIGNED DEALS IN LIBYA AND ELSEWHERE

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