TotalEnergies’ strategy of prioritizing investments in low-cost MENA barrels is bearing fruit, with net output from the region continuing to set new records. Net MENA liquids output for 2025 of 681,000 b/d was up 37,000 b/d on the previous year’s record (see chart) both in absolute terms and as a share of its global portfolio (44.4%).
Read this article for free
Gain access to over 60-years of energy analysis and news
-
Delve into the details backed by data
-
Exclusive information from high-level officials
-
Assess future risks and opportunities
