Search Site

Trends banner

DEWA profit after tax $789m

It will pay $843m in H1 dividend.

IHC H1 net profit $2.94 billion

The company posted 31% increase in revenue.

ADNOC Gas signs LNG deal

Will supply 0.5mmtpa of LNG to India's HPCL.

Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

TotalEnergies CEO heckled by climate activists at COP27

A partial view shows al-Galaa square empty in Egypt's capital Cairo. (AFP)
  • The company's Chief Executive Patrick Pouyanne was confronted by a number of activists, forcing him to briefly take cover in the Guinean pavilion
  • Global Witness estimates that the number of lobbyists at this year's climate summit has increased by 25 percent compared to last year's gathering in Glasgow

Sharm el Sheikh, Egypt—French giant TotalEnergies’ chief executive was confronted by climate activists Friday at the COP27 summit in Egypt, where the presence of fossil fuel firms has drawn backlash.

As he was readying to join a conference, Patrick Pouyanne was confronted by a number of activists, forcing him to briefly take cover in the Guinean pavilion, an AFP correspondent reported.

This was followed by a tense exchange with the activists, who criticized TotalEnergies’ continued presence in Russia, its projects in east Africa and its representation at the UN climate talks.

“I have the right to be here,” Pouyanne told the activists. “I respect you so respect me, that’s all I’m asking you.

“We deliver gas to Europe because Europe is needing this gas,” said the chief executive, as the energy giant maintains its presence in its Yamal natural gas facility in Russia.

British watchdog Global Witness commented on the events, saying: “Today Mr Pouyanne was confronted by the destructive impact of his company, from Eastern Europe to East Africa.

“He is just one of more than 600 fossil fuel lobbyists that have flooded these UN climate talks, a sharp increase from the previous year.”

Groups including Global Witness estimate that the number of lobbyists at this year’s climate summit has increased by 25 percent compared to last year’s gathering in Glasgow.