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Reuters
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French energy giant “Total” has announced plans to change the company’s name to “Total Energy”, as part of a transformation plan that includes reducing emissions.
The French company expects the global energy sector to experience strategic changes in the current decade, and it says the sector will see an increase in its dependence on liquefied natural gas, renewables and energy. electricity, while the share of petroleum products will decrease from 55% to 30% of the sales balance.
“To support this transformation, the group will propose to shareholders at the meeting of May 28, 2021, to change the name to Total Energy”, added the company in a press release.
And “Total” is one of the largest oil and gas companies in the world. The company employs around 100,000 people in more than 130 countries.
Source: Novosti
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