Event Brief
TotalEnergies opposes France windfall tax on oil profits
Filed: May 06, 2026 at 12:05 PM ET
Summary: TotalEnergies CEO Patrick Pouyanne said the company would stop capping fuel prices if France passes a new tax on oil refining profits.
WHO: Patrick Pouyanne
WHAT: TotalEnergies threatens to stop fuel price caps if France passes a windfall tax on oil refining
WHEN: May 06, 2026 at 11:30 AM ET
WHERE: France
WHY: The company would respond to the government passing a new tax on oil refining.
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