Market Chatter: TotalEnergies Plans to Invest $10 Billion in Argentina

MT Newswires Live
Yesterday

TotalEnergies (TTE) is aiming to invest $10 billion in Argentina, including $4 billion to $5 billion over the next 10 years, Reuters reported Thursday, citing Chief Executive Patrick Pouyanne.

The investments will cover different projects, including a new offshore development in Tierra del Fuego and the expansion of its gas production facility in Neuquen, according to the report.

TotalEnergies did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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