Investors

TotalEnergies’ Second Quarter & First Half 2026 Results

Since the start of the crisis in the Middle East on February 28, 2026, TotalEnergies is fully mobilized to monitor closely developments in the situation in order to implement appropriate measures.
As of end of March, the production shut down in Qatar, Iraq and UAE offshore, represented approximately 15% of the total oil and gas production of the Company.
During the second quarter of 2026, the conflict in the Middle East impacted the production of the Company by an average of 210 kboe/d.
The impact of the conflict in the Middle East is estimated between 5% and 10% of the Company's total production, depending on the situation in the Strait of Hormuz and whether exports are possible.
The gradual restart observed in June limited the impact to 5%, but developments since mid-July have increased the impact to nearly 10%.
Following incidents that affected the SATORP refinery in early April, the refinery restarted at half capacity one week later. Early May, it reached 70% of its nominal capacity and should return to its nominal capacity at the end of the third quarter of 2026.
With the exception of the SATORP refinery, the Company’s assets were not damaged during the conflict.

TotalEnergies is continuing to monitor the evolution of the situation on the ground and will update you in case of material change of the above.