TotalEnergies
Fuel prices hit new high in France amid Middle East crisis
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Gasoline prices reached their highest level since the start of the Middle East conflict on Wednesday, May 6. The average price of super unleaded 95 stood at 2.03 euros per liter. The increase stems from the war and the paralysis of the Strait of Hormuz.
Seven northeastern US states led by Democrats sued on Tuesday a financial agreement between TotalEnergies and the US government. The deal provides for reimbursement of nearly one billion dollars to the French group in exchange for abandoning offshore wind projects.
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TotalEnergies unveiled a new online offer called Access on Monday, May 18. It grants a 10% discount for three years on electricity and gas to new clients. The announcement follows record profits and political pressure.