TotalEnergies SE Chief Executive Officer Patrick Pouyanne said he expects the US Export-Import bank to finish approval of $4.7 billion in financing for its Mozambique liquefied natural gas project in a matter of weeks under President Donald Trump.

TotalEnergies CEO Patrick Pouyanne said he expects financing from the U.S. for its $20B Mozambique LNG project will be approved in the coming weeks,

PARIS (Reuters) - TotalEnergies CEO Patrick Pouyanne said on Wednesday that European countries should negotiate to obtain a free trade guarantee on liquefied natural gas (LNG) from the United States.

French oil major TotalEnergies on Wednesday reported a sharp drop in full-year earnings, against a backdrop of lower crude prices and weak fuel demand.

The oil-and-gas company reported a 72% rise in net profit on strong earnings in its integrated LNG and integrated power divisions, but missed analyst expectations.

The oil-and-gas company reported a 72% jump in net profit, boosted by strong earnings in its integrated LNG and integrated power divisions, but missed analysts’ expectations.