- Posted a record profit for the third quarter, driven by high energy prices and soaring prices of LNG as Europe scrambles to procure gas ahead of the winter.
- TotalEnergies reported on Thursday an adjusted net income of $9.9 billion for the third quarter—more than double the adjusted earnings for Q3 2021 and a record for the company.
- Also on Thursday, Shell reported strong quarterly earnings despite weaker trading in gas compared to the records of the second quarter.
TotalEnergies Books Record Quarterly Profit As LNG Business Booms
