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The logo of French oil and gas company Total is seen in Rueil-Malmaison. Credit: Reuters
Total's chief executive said on Monday that demand for petrol was expected to decline from 2030 and that electricity produced from renewables will form the main part of its business portfolio.
Also read — Brent crude oil price surges above $70 a barrel
Patrick Pouyanne also told BFM Business radio that Total expected to make smaller writedowns on assets in years to come.
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