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Search Results for: Total
TotalEnergies Commits $100 Million to U.S. Sustainable Forestry and Carbon Sequestration Initiatives
(IN BRIEF) TotalEnergies has invested $100 million in a partnership with Anew Climate and Aurora Sustainable Lands to support sustainable forestry practices across 300,000 hectares in the U.S. The initiative aims to reduce timber harvesting, enhance carbon sequestration, and improve … Read the full press release
TotalEnergies Embarks on Pioneering Floating Wind Turbine Project to Power North Sea Oil & Gas Platform
(IN BRIEF) TotalEnergies has launched a pilot project to install a 3 MW floating wind turbine in the UK North Sea, designed to supply renewable energy to the Culzean offshore oil and gas platform. This innovative project aims to provide … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Floating Wind Turbine Project, Marie-Noëlle Semeria, North Sea Oil & Gas Platform, partnership, sustainability, TotalEnergies, UK
TotalEnergies Announces Key Leadership Changes in Executive Committee
(IN BRIEF) TotalEnergies has announced key leadership appointments within its Executive Committee, effective September 1, 2024. Bernard Pinatel will become President Downstream and President Marketing & Services, while Vincent Stoquart will take over as President Refining & Chemicals. These changes … Read the full press release
Posted in Business, Energy, Gas & Oil, France, Industrial, Investment, Management, News
Tagged appointment, Aurélien Hamelle, Bernard Pinatel, Executive Committee, Helle Kristoffersen, Jean-Pierre Sbraire, leadership, Namita Shah, Nicolas Terraz, Patrick Pouyanné, Stéphane Michel, TotalEnergies, Vincent Stoquart
TotalEnergies Begins Production at Anchor Field in the Gulf of Mexico
(IN BRIEF) TotalEnergies has commenced production at the Anchor field in the US Gulf of Mexico, where it holds a 37.14% interest alongside operator Chevron. The project, which began development in December 2019, features subsea wells connected to a semi-submersible … Read the full press release
Vestas Secures Two New Orders in Germany Totaling 58 MW
(IN BRIEF) Vestas has secured two new wind turbine orders in Germany, totaling 58 MW. Both projects, WP Brand (36 MW) and WP Lautertal (22 MW), are with Uhl Windkraft and will feature V172-7.2 MW turbines. The projects are scheduled … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Germany, partnership, sustainability, Uhl Windkraft, Vestas, WP Lautertal
TotalEnergies to Sell 50% Stake in TPPL to Gunvor Group, Maintaining Brand Presence in Pakistan
(IN BRIEF) TotalEnergies is selling its 50% stake in Total PARCO Pakistan Limited (TPPL) to Gunvor Group. TPPL, a joint venture with Pak-Arab Refinery Limited (PARCO), operates over 800 service stations and has fuel logistics and lubricants activities in Pakistan. … Read the full press release
TotalEnergies Announces Withdrawal from South African Offshore Blocks
(IN BRIEF) TotalEnergies is withdrawing from South Africa’s offshore Block 11B/12B and Block 5/6/7 due to economic viability challenges, following the exit of partner CNRI. Despite significant gas discoveries in Block 11B/12B, the company decided it is not feasible to … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Offshore Blocks, partnership, South Africa, TotalEnergies, Withdrawal
TotalEnergies and Casino Extend 20-Year Partnership to Supply Over 1,000 French Service Stations
(IN BRIEF) TotalEnergies and Casino Group have renewed their 20-year strategic partnership to supply over 1,000 service stations in France, effective October 1, 2024, for five years. The agreement involves Casino providing food products and essential items to TotalEnergies stations, … Read the full press release
TotalEnergies Expands Sustainable Lubricant Production with Tecoil Acquisition
(IN BRIEF) TotalEnergies has acquired Finnish company Tecoil, a leader in producing Re-Refined Base Oils (RRBOs) through an efficient used oil regeneration process. Tecoil operates a 50,000-ton RRBO facility in Finland and has developed a circular economy network for collecting … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Industrial, Investment
Tagged acquisition, automotive market, car manufacturers, carbon footprint, circular economy, environmentally friendly products, Finland, Hamina, industrial market, INNOVATION, Juha Kokko, June 2024, lubricant production, lubricants, marine market, oil regeneration, Pierre Duhot, premium regenerated base oils, Quartz EV3R, Re-Refined Base Oils, re-refining process, RRBOs, Rubia EV3R, sustainability, Tecoil, TotalEnergies, used lubricants, virgin base oils
TotalEnergies to Sell West of Shetland Assets to The Prax Group in Strategic Portfolio Realignment
(IN BRIEF) TotalEnergies has agreed to sell its entire stake in West of Shetland assets, including several fields and the Shetland Gas Plant, to The Prax Group. This transaction, pending regulatory approval, is part of TotalEnergies’ strategy to divest mature … Read the full press release
TotalEnergies Expands Offshore Presence in São Tomé and Príncipe with Block STP02 Acquisition
(IN BRIEF) TotalEnergies has entered into an agreement to acquire a 60% stake and operatorship in Block STP02 offshore São Tomé and Príncipe from the country’s national petroleum agency, ANP-STP. The remaining interests will be held by Sonangol (30%) and … Read the full press release
TotalEnergies Partners with Wood on $46M Contract to Enhance Energy Sustainability in Iraq
(IN BRIEF) Wood secures a $46 million contract over three years from TotalEnergies to provide engineering and consulting services for the Associated Gas Upstream Project in Iraq. The project aims to recover flared gas in the Basra region and includes … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged ENERGY, France, Iraq, partnership, Shaun Dewar, sustainability, TotalEnergies, Wood
TotalEnergies Strengthens Commitment to Decarbonization Through New LNG Contracts in India and Korea
(IN BRIEF) TotalEnergies has announced two pivotal LNG contracts in Asia, signifying a strategic expansion in its LNG business. The agreements include a sales and purchase agreement (SPA) with Indian Oil Corporation (IOCL) for the delivery of up to 800,000 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Management, News
Tagged decarbonization, Gregory Joffroy, INDIA, KOREA, partnership, sustainability, TotalEnergies
TotalEnergies Greenlights Expansion in Brazil with Atapu and Sépia Fields Development Phases
(IN BRIEF) TotalEnergies, in collaboration with Petrobras and partners in the Atapu and Sépia consortiums, has approved the Final Investment Decision (FID) for the second development phases of the Atapu and Sépia fields situated in the pre-salt Santos Basin, offshore … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Atapu, Brazil, expansion, Nicolas Terraz, partnership, Petrobras, Sépia, sustainability, TotalEnergies
TotalEnergies Announces Final Investment Decision for Kaminho Project in Angola
(IN BRIEF) Patrick Pouyanné, Chairman and CEO of TotalEnergies, along with key stakeholders, met in Luanda to announce the Final Investment Decision (FID) for the Kaminho deepwater project in Angola. TotalEnergies, alongside partners Petronas and Sonangol, will develop the Cameia … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Angola, Diamantino de Azevedo, Gaspar Martins, investment, João Lourenço, Kaminho Project, partnership, Patrick Pouyanné, Paulino Jerónimo, PETRONAS, Sonangol, sustainability, Tan Sri Tengku Muhammad Taufik, TotalEnergies
NatWest Social & Community Capital Adopts Total Impact Investment Approach
(IN BRIEF) NatWest Social & Community Capital (S&CC), a charity funded by NatWest since 1999 to support social enterprises, is launching a new investment policy known as the ‘Total Impact Approach’. This strategy will guide all investments to generate both … Read the full press release
TotalEnergies and SINOPEC Sign Strategic Agreement to Boost Low-Carbon Energy Initiatives
(IN BRIEF) During a state visit to France by the President of China, TotalEnergies and SINOPEC, represented by their respective leaders Patrick Pouyanné and Ma Yongsheng, signed a strategic cooperation agreement to enhance their collaboration in low-carbon energies. Building on … Read the full press release
Wood Secures Contract with TotalEnergies for North Sea Flare Gas Recovery
(IN BRIEF) Wood, a prominent consulting and engineering firm, has secured a new 23-month contract from TotalEnergies (TEPUK) to support flare gas recovery in the North Sea as part of the Elgin-Franklin Flare Gas Recovery System Project. The contract, following … Read the full press release
TotalEnergies and Vanguard Renewables Forge Joint Venture to Boost Renewable Natural Gas Projects Across the US
(IN BRIEF) TotalEnergies and Vanguard Renewables have established an equally owned joint venture to accelerate the development, construction, and operation of Farm Powered® renewable natural gas (RNG) projects in the United States. The agreement, signed in New York, marks a … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Doug Vaccari, Larry Fink, Neil H. Smith, Olivier Guerrini, partnership, Patrick Pouyanné, Renewable Natural Gas Projects, sustainability, TotalEnergies, US, Vanguard Renewables
TotalEnergies Expands Portfolio Through Strategic Asset Swaps with Trident Energy
(IN BRIEF) TotalEnergies EP Congo, an 85%-owned affiliate of TotalEnergies, has inked a deal with Trident Energy, involving the acquisition of an additional 10% interest in the Moho license and the sale of its 53.5% interest in the Nkossa and … Read the full press release
TotalEnergies and OQ Finalize Marsa LNG Project, Pioneering Low-Emission LNG Production in Oman
(IN BRIEF) During a visit to Muscat, Patrick Pouyanné, Chairman and CEO of TotalEnergies, reaffirmed the enduring partnership between TotalEnergies and Oman by announcing the Final Investment Decision (FID) for the Marsa LNG project. This project, in collaboration with OQ, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Management, News
Tagged His Excellency Eng. Salim bin Nasser Al Aufi, His Majesty Sultan Haitham bin Tariq Al Said, LNG Production, Marsa LNG Project, Mr. Mulham Basheer Al Jarf, Oman, OQ, partnership, Patrick Pouyanné, sustainability, TotalEnergies
TotalEnergies Expands U.S. Gas Production with Dorado Leases Acquisition
(IN BRIEF) TotalEnergies has announced the acquisition of Lewis Energy Group’s 20% interest in the Dorado leases operated by EOG Resources in the Eagle Ford shale gas play, bolstering its natural gas production capacity in Texas. This move is set … Read the full press release
TotalEnergies and Papua New Guinea Prime Minister Discuss Progress of Papua LNG Project
(IN BRIEF) Prime Minister James Marape of Papua New Guinea and Patrick Pouyanné, Chairman and CEO of TotalEnergies, convened to review the status of the Papua LNG project. TotalEnergies affirmed its commitment, alongside project partners ExxonMobil, Santos, and JX Nippon, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged ExxonMobil, James Marape, JX Nippon, Papua LNG Project, Papua New Guinea, partnership, Patrick Pouyanné, Prime Minister, Santos, sustainability, TotalEnergies
TotalEnergies to Double Battery Storage Capacity with New Project in Belgium
(IN BRIEF) TotalEnergies has announced the development of a new battery storage project in Feluy, Belgium, marking the company’s second venture in the region following the Antwerp refinery battery storage project. Set to commence operation by the end of 2025, … Read the full press release
TotalEnergies Unveils Centenary Initiatives: Celebrating 100 Years of Innovation and Commitment
(IN BRIEF) TotalEnergies celebrates its centenary by introducing three initiatives: €100 rewards for new electricity customers in France, €100 incentives for select fuel purchases, and the allocation of 100 company shares to each of its global employees, contingent on a … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Management
Tagged anniversary, centenary, customers, electricity, Employees, France, Patrick Pouyanné, service stations, shares, TotalEnergies
TotalEnergies Marks 100 Years of Energy Innovation and Leadership
(IN BRIEF) TotalEnergies is celebrating its 100th anniversary, marking a century of innovation and leadership in the global energy sector. Founded in 1924 as Compagnie Française des Pétroles, the company started in France without local oil resources but quickly expanded … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Industrial, Management
Tagged 100th anniversary, Compagnie Française des Pétroles, COP28, decarbonized power, Direct Energie, electricity, Elf-Aquitaine, ENERGY, energy transition, France’s energy supply, hydrocarbons, LNG, Maersk Oil, multi-energy company, natural gas, oil, Petrofina, renewables, Saft, TotalEnergies
TotalEnergies and SINOPEC Forge Partnership for Sustainable Aviation Fuel Production in China
(IN BRIEF) TotalEnergies and SINOPEC have inked a Heads of Agreement (HoA) to jointly establish a Sustainable Aviation Fuel (SAF) production unit at a SINOPEC refinery in China. This collaboration aims to address the aviation industry’s need for sustainable solutions, … Read the full press release
TotalEnergies Celebrates Tyra Hub Restart: Denmark Returns to Gas Self-Sufficiency
(IN BRIEF) TotalEnergies announces the successful restart of production from the Tyra hub in the Danish North Sea following a major redevelopment project. The revamped hub is set to produce 5.7 million cubic meters of gas and 22,000 barrels of … Read the full press release
TotalEnergies Expands Renewable Portfolio with Over 600 B2B Clients Globally
(IN BRIEF) TotalEnergies has secured over 1.5 GW of renewable Power Purchase Agreements (PPAs) with 600+ industrial and commercial clients globally. With 1.1 GW already operational, generating 1.5 TWh annually, an additional 400 MW will be commissioned by year-end. These … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Industrial, Infrastructure & Utilities, Management
Tagged battery storage, biogas, CO₂ capture, CO₂ storage, CO₂ use, electric mobility, electricity, energy transition, floating photovoltaic plant, GRP steel factory, Gunung Raja Paksi steel factory, Holcim Belgium, hydrogen, JFK Airport, low-carbon fuels, Power Purchase Agreements, PPAs, PV plant, renewable, renewable electricity, Rooftop Solar System, Sharqiyah Desalination Plant, solar carport project, solar electricity, solar facility, sustainable aviation fuel, TotalEnergies, Veolia, Vincent Stoquart
TotalEnergies Partners with Bapco Energies to Optimize Bahrain’s Petroleum Operations
(IN BRIEF) Patrick Pouyanné, Chairman and CEO of TotalEnergies, met with His Highness Shaikh Nasser bin Hamad Al Khalifa and Mark Thomas of Bapco Energies in Bahrain, laying the groundwork for collaboration. TotalEnergies will support Bapco Energies in optimizing its … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Management, News
Tagged Bahrain, Bapco Energies, His Highness Shaikh Nasser bin Hamad Al Khalifa, Mark Thomas, partnership, Patrick Pouyanné, Petroleum Operations, sustainability, TotalEnergies
TotalEnergies and ACO Renew Partnership to Drive Energy Transition in Endurance Racing
(IN BRIEF) TotalEnergies, the Automobile Club de l’Ouest (ACO), and Le Mans Endurance Management (LMEM) have extended their partnership for five years, until 2028, aiming to support ACO’s energy transition goals. Committed to achieving net zero emissions by 2030 under … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, France, Industrial, Management, Media, News, Sports
Tagged Automobile Club de l’Ouest (ACO), Endurance Racing, energy transition, Excellium Racing 100, Frédéric Lequien, Le Mans Endurance Management (LMEM), partnership, Patrick Pouyanné, Pierre Fillon, sustainability, TotalEnergies
Stellantis Announces Record Employee Payouts Totaling Nearly €1.9 Billion
(IN BRIEF) Stellantis has revealed its plans to distribute close to €1.9 billion this year to employees worldwide, based on the company’s impressive 2023 financial results and global achievements. This marks a significant milestone since the formation of Stellantis just … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Carlos Tavares, Employee Payouts, Financial, investment, Stellantis
TotalEnergies Launches Akpo West Field Production, Boosts Nigeria’s Energy Sector
(IN BRIEF) TotalEnergies, along with its partners, has commenced production from the Akpo West field in Nigeria’s PML2 license area. This field, located 135 kilometers off the coast, is tied back to the existing Akpo Floating Production Storage and Offloading … Read the full press release
TotalEnergies Proposes 7.1% Dividend Increase for Fiscal Year 2023
(IN BRIEF) Following a Board of Directors meeting on February 6, 2024, TotalEnergies has announced its intention to propose a dividend distribution of 3.01 € per share for fiscal year 2023 at the upcoming Shareholders’ Meeting scheduled for May 24, … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management
Tagged dividend, SHARE, shareholders, TotalEnergies
Skanska AB Reports Conversion of Class A to Class B Shares and Adjusted Total Voting Rights
(IN BRIEF) Skanska AB has announced the conversion of 15,960 Class A shares to Class B shares in accordance with its articles of association. This conversion, mandated by the Swedish Financial Instruments Trading Act, reduces the company’s total voting rights, … Read the full press release
Posted in Business, Construction, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Class A to Class B Shares, Financial, investment, Skanska AB
TotalEnergies Acquires 200 Charging Sites to Spearhead Electric Mobility in Spain in Partnership with Wenea
(IN BRIEF) TotalEnergies and Wenea have joined forces to establish a prominent presence in the Spanish electric mobility sector by creating a network of high-power charging hubs. TotalEnergies has acquired Nordian CPO, a subsidiary of Wenea, which owns 200 charging … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology
Tagged acquisition, charging Sites, electric mobility, José Manuel Zorrilla, Mathieu Soulas, Nordian CPO, partnership, Spain, sustainability, TotalEnergies, Wenea
TotalEnergies Publishes Third Human Rights Briefing Paper, Reaffirming Commitment to Sustainability and Transparency
(IN BRIEF) TotalEnergies has released the third edition of its Human Rights Briefing Paper as part of its dedication to prioritizing sustainability in its strategy. The paper outlines the company’s commitments to internationally recognized human rights and reference texts, such … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Government, Industrial, Law, Management, News
Tagged Aurélien Hamelle, Briefing Paper, human rights, sustainability, TotalEnergies, transparency
Outokumpu Successfully Completes Share Repurchase Program, Acquiring 153,195 Total Shares
(IN BRIEF) On January 24, 2024, Outokumpu finalized the repurchase of its own shares, totaling 153,195 shares across various trading venues, with a weighted average price of EUR 3.99 per share and a total cost of EUR 611,483.24. This share … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged acquisition, Financial, investment, Outokumpu, share repurchase program, shares
Attentive Energy Two: TotalEnergies and Corio’s Offshore Wind Project to Benefit New Jersey Communities
(IN BRIEF) TotalEnergies and Corio Generation have been awarded a 20-year contract by the State of New Jersey to supply 1.34 GW of renewable electricity through their Attentive Energy Two offshore wind project, benefitting over 650,000 homes. The project, a … Read the full press release
Posted in Energy, Gas & Oil, Environment, France, Industrial, Infrastructure & Utilities
Tagged Attentive Energy Two, Corio, Corio Generation, electricity, Jonathan Cole, New Jersey, New York Bight auction, NJBPU, OCS-A 0538, Offshore Renewable Energy Credits, Offshore wind, OREC, renewable electricity, renewable power, RISE, TotalEnergies, Vincent Stoquart
Outokumpu Completes Share Repurchase Program, Acquiring 195,429 Shares; Total Treasury Shares Now at 29,493,887
(IN BRIEF) On January 23, 2024, Outokumpu successfully concluded its share repurchase program, acquiring a total of 195,429 of its own shares across different trading venues at weighted average prices ranging from EUR 3.955 to EUR 3.9669 per share, resulting … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Acquirsition, Financial, investment, Outokumpu, share repurchase program, treasury shares