16:25 - 13.03.2026

---

March 13, Fineko/abc.az. TotalEnergies (France) has reported a reduction in oil & gas production by nearly 15% after the closure of a range of fields in the Middle East amid the escalation of the conflict between the U.S., Israel and Iran.

ABC.AZ reports that these losses account for close to 10% of company's cash receipts from mining. At the same time, TotalEnergies expects to compensate for the decline due to rising global oil prices and the launch of new fields in other regions.