TotalEnergies is a global energy company transitioning from traditional oil and gas operations to a broader energy portfolio that includes renewables and electricity. The company is leveraging its extensive expertise in energy production and distribution to diversify into sustainable energy solutions. This strategic shift aims to position TotalEnergies as a leader in the energy transition towards a lower-carbon future. However, the company faces significant challenges, including fluctuating oil prices, regulatory pressures, and the need for substantial investment in new technologies. The competitive landscape is also evolving, with new entrants in the renewable energy sector and increasing environmental scrutiny from stakeholders.