Patrick Pouyanné - Chairman & CEO, TotalEnergies

Patrick Pouyanné of Total Energies discusses the energy trilemma, balancing security, sustainability, and affordability. He emphasizes the importance of pragmatism over dogmatism in addressing climate change. The company invests significantly in both traditional oil and gas and renewable energy sources like solar. Pouyanné highlights the Gulf region's crucial role in the global energy system, where Total Energies has deep roots. He notes the increasing role of Gulf countries as both energy and financial partners. The discussion also touches upon the growing energy demands of AI and data centers, but he believes the impact is often exaggerated. He sees a stable oil market and expresses optimism about future oil prices. Frank Kane and Pouyanné analyze the balance between government policies and investor needs in the energy sector.