September 2022 - Strategy and Outlook
2022 Strategy & Outlook
04 Safety: core value
01
Energy markets supported by energy transition
06 2021 economic recovery created market tensions, exacerbated in 2022 by war in Ukraine
Oil market tightened by low investment and crises
07
08 Europe: end of Russian gas dependency creating tensions on LNG and gas markets
09 Growing power market supported by energy transition
02 Growing shareholder returns while transitioning
to a multi-energy company
TotalEnergies entering a new era: historic high cash generation and "zero" net debt
Cash allocation strategy
11
Unique match between Total Energies' strategy and market trends
12
13
14
15
A decade of growth and transformation to build a multi-energy company
16
Accelerating capital investment to support the transformation
Special reward to shareholders in 2023: an innovative solution to exit Canadian oil sands
03 Gas
21 A global and integrated LNG top player
22 Unique position to benefit from Europe's new gas demand
23
New opportunities fueling LNG growth without Russia
24
Profitably expanding in Qatar
25 Growing integrated LNG portfolio and cash flow
04 Oil
27
Leveraging our oil portfolio
28
Short-cycle investment capturing high prices
29
Developing new oil projects
30 Growing cash flow to 2027
31
Refining & Chemicals: delivery and transformation
32
Marketing & Services: growing value while transitioning
33
New molecules for energy transition
34
Deploying CCS strategy
Table of contents
Te
TotalEnergies
17 Countering inflation through discipline and efficiency
18 Delivering cash flow growth supporting sustainable dividend growth
19
Significant progress toward Net Zero and clear commitment to reduce emissions over
the decade
05 Electricity & Renewables
36 Creating value from integration in electricity
37
Renewables: highly valuable portfolio built through selective transactions
and organic growth
38 Secured portfolio of 35 GW by 2025
39 Growing profitable Electricity & Renewables business
06 Investing in TotalEnergies
41 TotalEnergies, a compelling investment case
Appendix
September 2022 - Strategy and Outlook 2View entire presentation