TotalEnergies Forms Gabon Forestry Carbon Offsets Venture – BNN Bloomberg

International

(Bloomberg) — TotalEnergies acquired 49% of Gabonese logging firm Compagnie des Bois du Gabon, the French oil major’s first foray into Gabon’s forestry sector. TotalEnergies, which has been pumping oil in the central African country for more than 80 years and is its leading fuel retailer, said it is joining forces with CBG to develop…

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