TotalEnergies: increased refining margin in Q1
Downstream results will reflect higher refining margins, with refinery utilization rates in the first quarter of 2024 broadly stable compared to the fourth quarter of 2023', says the energy group.
TotalEnergies adds that it anticipates stable hydrocarbon production in excess of 2.45 Mboe/d (million barrels of oil equivalent per day), driven by higher LNG production and the start-ups of Mero 2 in Brazil and Akpo West in Nigeria.
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