TotalEnergies' Saudi Arabia refinery will not be fully repaired until early 2027, CEO Patrick Pouyanne tells French lawmakers

TotalEnergies' SATORP refinery in Saudi Arabia is operating at reduced capacity after drone attacks. Full repairs are expected by early 2027. This damage affects diesel and jet fuel supplies to Europe. The company's CEO discussed these issues and potential superprofit taxes in France. TotalEnergies highlighted its voluntary price caps for French drivers.