# TotalEnergies expects significantly higher upstream and LNG trading profits.

*business · news · 2026-04-16 · OilPrice*

## Key points

- TotalEnergies expects higher Q1 2026 upstream and LNG profits despite 15% production loss.
- Start-ups in Brazil and Libya are set to offset Middle East production losses by Q1 2026.
- TotalEnergies forecasts a $12.4 per barrel oil price increase to boost earnings significantly.
- Integrated LNG results and cash flow are expected to be significantly higher due to a 10% LNG production increase.

**Companies:** TotalEnergies, Equinor, BP, Shell
**Countries:** France, Norway, United Kingdom, United Arab Emirates

[Read the full story on OilPrice](https://oilprice.com/Latest-Energy-News/World-News/TotalEnergies-Sees-Q1-Profit-Surge-on-High-Prices-Strong-Trading.html)

---

Canonical: https://newsio.io/n/8dd9c83d-2c99-430f-8a57-328b74b48cae/totalenergies-expects-significantly-higher-upstream-and-lng-trading-profits-oil
Summarized by Newsio from OilPrice. https://newsio.io/how-it-works