TotalEnergies SE

TotalEnergies is the world's third-largest LNG player, with a global portfolio of 44 million tonnes per annum in 2025 and status as the number one exporter of U.S. LNG at approximately 19 million tonnes annually. The company operates an integrated midstream gas value chain spanning production, pipeline transport, access to over 20 Mt/y of regasification capacity in Europe, global LNG trading, and LNG bunkering for maritime vessels via a joint venture with CMA CGM. TotalEnergies took final investment decision on Rio Grande LNG Train 4, adding 6 Mtpa and bringing the plant's total capacity to approximately 24 Mtpa by 2030. It acquired Anadarko Basin natural gas assets connected to Henry Hub through existing midstream infrastructure. TotalEnergies is actively expanding LNG infrastructure on multiple continents, including projects in Qatar, Mozambique, and the U.S. Gulf Coast.

TotalEnergies operates oil and gas exploration and production projects in occupied Western Sahara and Myanmar, extracting natural resources in violation of international law governing occupied territories.

TotalEnergies SE is one of the world’s seven supermajor integrated oil and gas companies, with its core business focused on the exploration, extraction, and production of fossil fuels. The company plans to increase its oil and gas production by approximately 3% per year, actively pursuing new offshore exploration permits, such as one awarded in the Congo Republic in 2025. This expansion strategy places the company on a continued fossil fuel growth course.

While the company reports a reduction of 1 Mt CO₂ from its oil and gas operations in 2025 and publishes sustainability reports, its fundamental business model remains centered on expanding fossil fuel production. Its planned production growth contradicts the International Energy Agency’s conclusion that no new oil and gas fields are compatible with limiting global warming to 1.5°C.