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TotalEnergies net profit drops as oil prices fall

The logo of the French energy company TotalEnergies can be seen on a price board for petrol and diesel at a filling station. [AFP]

TotalEnergies said Thursday its net profit plunged in the second quarter despite increased output as global oil and gas prices dropped.

Despite the 29 percent year-on-year drop in net profit in the second quarter to $2.7 billion, the French firm called its performance "robust".

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