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French oil giant Total has said it would change its name from Total to TotalEnergies to emphasise its strategy to become a net-zero emissions company. Total logo Patrick Pouyanne, the chief executive officer of the firm, revealed this in a short video posted on the company’s website on Tuesday. He said Total will propose to its shareholders at its annual general meeting on May 28 changing its name to TotalEnergies. “The board of directors wanted to root this transformation in our identity,” Mr Pouyanne said. “If the resolution is passed that day, Total will become TotalEnergies, “TotalEnergies in one word.” He added this is a major transformation to become the responsible energy company that puts sustainability and sustainable development at the heart of its strategy. Mr Pouyanne said that Total has always supported the goal of 2015 Paris climate accords because of its activities. Total is a multinational energy company operating in more than 130 countries. For over 50 years, the company has remained the leader in the downstream sector of the Nigerian oil and gas industry. In 2003, the company TotalFinaElf changed its name to Total. The firm has been considered the fastest off the mark of the […]
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