Skip to content

REMIT Disclosure Obligations

The European Union Regulation on Wholesale Energy Market Integrity and Transparency (No 1227/2011) (“REMIT”) came into force on 28th December 2011. REMIT provides a market abuse framework for wholesale energy markets and, amongst other things, requires market participants to publically disclose inside information that they and their parent and related undertakings possess in relation to facilities and businesses that they or their affiliates own, operate or control, partly or wholly. TotalEnergies publishes on this webpage relevant inside information regarding its European refining and chemicals activities under REMIT. The information contained in this webpage relates primarily to those European facilities that are operated by TotalEnergies affiliates and in respect of which inside information may arise as a result of their power generation or consumption and gas consumption activities. In relation to co-venture facilities that are not operated by TotalEnergies, the operator of such co-venture facilities has primary responsibility for making any required disclosures under REMIT. Consumptions levels for some of our sites are such that currently we do not believe that information around changes in such levels is capable of amounting to inside information.