PARIS—TotalEnergies’ decision to quit Russian oil supply contracts does not put the overall future of the French energy company at risk, the company’s chairman and chief executive Patrick Pouyanne told RTL radio on Wednesday.
Pouyanne, who also said the French company had approximately 13 billion euros ($14.3 billion) worth of assets in Russia, added that TotalEnergies would not put new capital into the Arctic 2 project.
