Finance

TotalEnergies exits Canadian oil sands with $1.1 billion assets sale

Company will focus on allocating capital to oil and gas ventures with low breakeven

Assets sold: TotalEnergies chief executive Patrick Pouyanne.
Assets sold: TotalEnergies chief executive Patrick Pouyanne.Photo: AFP/ KARIM JAAFAR
Asia CorrespondentSingapore
TotalEnergies’CanadaSuncorConocoPhillipsAmericas
Published 21 November 2023, 03:42Updated 21 November 2023, 09:04