TotalEnergies CEO Says We Are More And More Confident We'll Find More Oil In The Suriname Basin; We Could Accelerate Mozambique Phase 2 Quicker; U.S. Diesel Export Ban Is A 'Bad Idea'; Doesn't See Any Alternative Apart From Using Strategic Reserves If Ban Happens

9/28/2026
Impact: 75
Energy

TotalEnergies CEO expressed increased confidence in discovering more oil in the Suriname Basin and indicated the possibility of accelerating Phase 2 operations in Mozambique. Additionally, the CEO criticized the U.S. diesel export ban as a 'bad idea' and stated that the only alternative would be to utilize strategic reserves if the ban is implemented.

AI summary, not financial advice

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