TotalEnergies plans $10B Argentina investment

TotalEnergies plans to invest 10 billion dollars in Argentina across various energy projects. Chief Executive Patrick Pouyanne announced the funding during a Paris conference.

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FILE PHOTO: Patrick Pouyanne, CEO of TotalEnergies, attends the ROG.e, Brazil's largest oil and gas event in Rio de Janeiro, Brazil, September 21, 2026. REUTERS/Ricardo Moraes/File Photo

TOTALENERGIES SE will invest $10B in Argentina to expand regional gas operations, Chief Executive Patrick Pouyanne said during a Paris conference. The French energy major accounts for a quarter of Argentine gas output. The commitment coincides with a diplomatic push to attract foreign capital into South American resource projects.

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