Patrick Pouyanné

Patrick Pouyanné is the Chairman and CEO of TotalEnergies, a prominent French multinational energy company. He is currently newsworthy due to several significant developments involving TotalEnergies' strategic shifts and investments. Recent events include TotalEnergies forming a $2.2 billion renewable energy joint venture with Masdar in Asia, abandoning offshore wind projects in the US in exchange for nearly $1 billion, which will be reinvested in US gas and oil, and securing a long-term nuclear electricity supply contract with EDF for its French refining and chemical sites. The company has also stated it will not meet its 2050 carbon neutrality target. Pouyanné has also warned of potential gas price spikes due to geopolitical tensions in the Middle East. These actions highlight TotalEnergies' evolving energy strategy, balancing renewable investments with continued fossil fuel development, and navigating geopolitical risks, making Pouyanné a key figure in the global energy landscape.