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French oil giant Total rebrands in shift to renewables

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Oil and gas giant Total will be rebranded as TotalEnergies as it shifts some of its focus towards renewable energy sources.

Shareholders voted overwhelmingly in favour of the move.

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However, the firm faces a revolt later over whether it is doing enough to diversify away from its core fossil fuel businesses.

Big energy firms are coming under increasing pressure to adjust to a lower-carbon world.

Shell ordered to cut emissions in key court rulingGlobal ban on new gas boilers

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This post was originally posted on BBC News. Read the rest of the story at https://www.bbc.co.uk/news/business-57282008.

This post was originally published on this site

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