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TotalEnergies restarts Saudi refinery after airstrikes, boosting Q1 profits.
TotalEnergies has partially restarted its Satorp refinery in Saudi Arabia, operating at 230,000 barrels per day since mid-April after the facility was temporarily shut following airstrikes.
The company reported a 51% increase in first-quarter net profit to $5.8 billion, driven by higher oil prices linked to the conflict.
TotalEnergies also raised its dividend by 5.9% to 0.90 euros per share.
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TotalEnergies reinicia la refinería saudí después de ataques aéreos, aumentando las ganancias del primer trimestre.