Market Chatter: TotalEnergies Plans to Invest $10 Billion in Argentina

MT Newswires Live10-01

TotalEnergies (TTE) is aiming to invest $10 billion in Argentina, including $4 billion to $5 billion over the next 10 years, Reuters reported Thursday, citing Chief Executive Patrick Pouyanne.

The investments will cover different projects, including a new offshore development in Tierra del Fuego and the expansion of its gas production facility in Neuquen, according to the report.

TotalEnergies did not immediately reply to a request for comment from MT Newswires.

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