TotalEnergies, headquartered in Courbevoie, France, is one of the largest multinational energy companies in the world. Established in 1924, the company has evolved from a traditional oil and gas producer to a comprehensive energy giant, embracing the global shift towards sustainable energy. TotalEnergies is actively involved in the production, exploration, and distribution of oil, natural gas, electricity, and renewable energies like wind, solar, and biofuels.
With operations in over 130 countries, TotalEnergies is focused on reducing its carbon footprint and playing a major role in the energy transition towards net-zero emissions by 2050. The company’s rebranding in 2021, from Total to TotalEnergies, reflects its commitment to diversifying its energy portfolio to include cleaner, renewable sources.
TotalEnergies' customer-focused approach, combined with its dedication to innovation in both conventional and renewable energy, makes it a crucial player in the global energy sector. The company’s extensive research and investment in sustainable technologies are shaping the future of energy worldwide.
CEO and Founder of TotalEnergies
Patrick Pouyanné has been the CEO and Chairman of TotalEnergies since 2014. Under his leadership, the company has expanded its focus from traditional oil and gas operations to renewable energy sources like wind, solar, and bioenergy. Pouyanné’s vision is to transform TotalEnergies into a global leader in the energy transition, helping to address climate change while ensuring energy accessibility for all. Although TotalEnergies began as an oil company founded in 1924 by Ernest Mercier, it has, under Pouyanné’s leadership, embraced a broader mission of driving sustainability in the energy industry.
List of Top Companies Under TotalEnergies
TotalEnergies owns or has stakes in numerous subsidiaries across different sectors of energy and infrastructure, including oil, gas, renewable energy, and electric mobility. Below is a list of the top companies owned by TotalEnergies, along with their approximate valuations:
| Company Name | Year Acquired/Founded | Valuation | Industry |
|---|---|---|---|
| TotalEnergies Gas & Power | 1924 (Founded as part of Total) | $100 Billion | Gas and Power Distribution |
| SunPower Corporation | 2011 (Acquired) | $1.2 Billion | Solar Energy |
| Saft Groupe S.A. | 2016 (Acquired) | $1.1 Billion | Energy Storage (Batteries) |
| Direct Energie | 2018 (Acquired) | $1.7 Billion | Electricity & Gas Distribution |
| Total Eren | 2017 (Stake acquired) | $2 Billion | Renewable Energy (Wind, Solar) |
| Hutchison Ports France | 2002 (Acquired Stake) | $500 Million | Port Infrastructure |
| Lampiris | 2016 (Acquired) | $250 Million | Green Electricity & Gas Supply |
| Total Quadran | 2013 (Acquired Stake) | $1.5 Billion | Renewable Energy |
| Total Marketing Services | 1924 (Founded as part of Total) | $15 Billion | Global Fuel Distribution and Marketing |
FAQs About TotalEnergies
Q1: When was TotalEnergies founded, and by whom?
A: TotalEnergies was founded in 1924 by Ernest Mercier as a French oil company. It has since grown into a global energy leader with a focus on sustainability and renewable energy.
Q2: Who is the current CEO of TotalEnergies?
A: Patrick Pouyanné is the current CEO and Chairman of TotalEnergies. He has been leading the company since 2014, driving its shift towards renewable energy and sustainability.
Q3: What is TotalEnergies’ involvement in renewable energy?
A: TotalEnergies is heavily invested in renewable energy sources such as solar, wind, and bioenergy. The company owns several renewable energy subsidiaries, including SunPower, Saft Groupe, and Total Eren, and aims to reach net-zero emissions by 2050.
Q4: What are some of the top companies owned by TotalEnergies?
A: Some of the top companies under TotalEnergies include SunPower (solar energy), Saft Groupe (energy storage), Direct Energie (electricity distribution), and Total Eren (renewable energy).
Q5: What is the market capitalization of TotalEnergies?
A: As of 2024, TotalEnergies’ market capitalization is approximately $160 billion, making it one of the largest energy companies in the world.
Q6: How is TotalEnergies contributing to the global energy transition?
A: TotalEnergies is committed to reducing its carbon footprint by increasing investments in renewable energy, setting a goal of achieving net-zero carbon emissions by 2050. The company is also actively involved in the development of green technologies such as electric mobility and energy storage.
