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Search Results for: Total
Outokumpu Completes Share Repurchases, Totaling 223,307 Shares and Nearing Program Limit
(IN BRIEF) On January 11, 2024, Outokumpu announced the successful completion of its share repurchase program, buying back a total of 223,307 of its own shares across various trading venues at a weighted average price of EUR 4.04 per share, … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, Outokumpu, Share Repurchases
EQT AB Increases Total Shares to 1.25 Billion in December 2023
(IN BRIEF) EQT AB (publ) (“EQT”) has reported that as of December 29, 2023, the total number of shares amounts to 1,245,929,967, with 1,244,700,306 being ordinary shares and 1,229,661 being class C shares, resulting in a total of 1,244,823,272.10 votes. … Read the full press release
Posted in Business, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Sweden
Tagged EQT AB, Financial, investment
Norsk Hydro ASA’s Share Buyback Program Doubles Owned Shares, Now Holds 1.42% of the Company’s Total
(IN BRIEF) Norsk Hydro ASA has provided an update on its share buyback program, which commenced on September 22, 2023, and is scheduled to conclude on February 29, 2024. The program’s recent transactions include the purchase of 75,309 shares on … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Norway
Tagged Financial, investment, Norsk Hydro, Share Buyback Program, shares
TotalEnergies and Nigeria Strengthen Long-Term Partnership, Commit to Emissions Reduction
(IN BRIEF) TotalEnergies’ Chairman and CEO, Patrick Pouyanné, met with Nigerian President Bola Ahmed Tinubu to reaffirm the enduring partnership between TotalEnergies and Nigeria. Over the past decade, TotalEnergies has been the largest private energy investor in Nigeria, with significant … Read the full press release
TotalEnergies Agrees to 5% Salary Increase and Value Sharing Bonus for French Employees
(IN BRIEF) TotalEnergies has signed a wage agreement for 2024 with majority approval (71%) from the CFE-CGC, CFDT, and CAT trade unions. The agreement covers approximately 14,000 employees in France who fall under the Common Corpus of Employee Relations Agreements … Read the full press release
Posted in Business, Financial, France, Industrial, Management, News
Tagged Bonus, CAT trade unions, CFDT, CFE-CGC, Financial, French Employees, partnership, Patrick Pouyanné, Salary Increase, TotalEnergies
TotalEnergies Bolsters Renewable Energy Ventures with Startup Acquisitions
(IN BRIEF) TotalEnergies is acquiring three startups that previously participated in its TotalEnergies On acceleration program at STATION F in Paris. These acquisitions aim to accelerate the company’s expansion in the electricity sector and enhance its B2B offerings and renewable … Read the full press release
COP28: TotalEnergies Collaborates with National Oil & Gas Companies to Measure and Reduce Methane Emissions Using Innovative Drone Technology
(IN BRIEF) TotalEnergies has signed cooperation agreements with National Oil & Gas Companies (Petrobras in Brazil, SOCAR in Azerbaijan, and Sonangol in Angola) to use its AUSEA technology for methane detection and measurement campaigns at oil and gas facilities in … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Management, Media, News, Technology
Tagged Angola, AUSEA technology, Brazil, COP28, Drone Technology, innovative, methane emissions, National Oil & Gas Companies, partnership, Patrick Pouyanné, Petrobras, Sonangol, sustainability, TotalEnergies
TotalEnergies Signs Investment Agreement for Largest Wind Energy Project in Kazakhstan
(IN BRIEF) TotalEnergies has signed an Agreement on Investment (AoI) for its Mirny project during COP28 in Dubai. This project, the largest wind energy initiative ever undertaken in Kazakhstan, will provide low-carbon electricity to over 1 million people and reduce … Read the full press release
TotalEnergies to Divest Minority Stake in South African Natref Refinery to Prax Group
(IN BRIEF) TotalEnergies has revealed its strategy to divest non-core assets by signing an agreement to sell its 36.36% minority stake in the National Petroleum Refiners of South Africa (Natref) to the Prax Group. The Natref refinery, situated in Sasolburg, … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, France, Government, Industrial, Investment, Management, News
Tagged divest, Jean-Pierre Sbraire, Minority Stake, Natref Refinery, partnership, Prax Group, South Africa, sustainability, TotalEnergies
TotalEnergies Invests £20 Million in Xlinks’ Ambitious Renewable Project to Power 7 Million UK Homes
(IN BRIEF) TotalEnergies, one of Europe’s largest energy companies, has invested £20 million to acquire a minority stake in Xlinks First Limited, a UK-based company that aims to develop a groundbreaking renewable energy project in Morocco. The project involves a … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged investment, partnership, Renewable Project, Simon Morrish, sustainability, TotalEnergies, UK Homes, Vincent Stoquart, Xlinks
TotalEnergies Supports Transporters’ Transition to Electric Mobility with Tailored Charging Services
(IN BRIEF) TotalEnergies has launched an innovative in-depot electric truck charging service at the SOLUTRANS trade show. This service is designed to facilitate the transition to electric mobility for transport companies by providing customized charging infrastructure. It includes efficient charge … Read the full press release
TotalEnergies’ Energy Outlook 2023 Offers Insight into Global Energy Transition
(IN BRIEF) TotalEnergies has released its annual “TotalEnergies Energy Outlook 2023” in preparation for COP28, outlining scenarios for the evolution of global energy demand and the transition to a sustainable energy system by 2050. The report reveals that while the … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Industrial, Investment, Management, News
Tagged energy transition, Financial, Helle Kristoffersen, investment, sustainability, TotalEnergies
TotalEnergies to Acquire 1.5 GW of Gas-Fired Power Plants in Texas to Enhance Energy Portfolio
(IN BRIEF) TotalEnergies is expanding its presence in the Texas power market by signing an agreement to acquire three gas-fired power plants from TexGen for $635 million. These plants, with a combined capacity of 1.5 GW, are strategically located close … Read the full press release
TotalEnergies and Trade Unions Join Forces for Employee Eco-Transition in France
(IN BRIEF) TotalEnergies has unveiled a strategic initiative to aid its 35,000 employees in France in their ecological transition efforts, promoting sustainable energy consumption and mobility in their daily lives. In collaboration with the Company’s trade union representatives (CFDT, CFE-CGC, … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, France, Industrial, Management, News, Technology
Tagged CFDT, CFE-CGC, CGT, Employee Eco-Transition, France, partnership, Patrick Pouyanné, sustainability, TotalEnergies, trade unions
BBVA Invests €23.6 Million in Decarbonization Partners Fund, Total Climate Investment Reaches €108.4 Million
(IN BRIEF) BBVA, a global financial institution, is investing €23.6 million (approximately $25 million) in the Decarbonization Partners Fund I, bringing its total investment in climate-related funds to €108.4 million. The bank views sustainability as a significant business opportunity and … Read the full press release
TotalEnergies Extends Partnership with Oman LNG, Commits to GHG Emission Reduction
(IN BRIEF) TotalEnergies has extended its partnership with Oman LNG, a liquefied natural gas (LNG) joint venture, for ten more years beyond 2024. This extension also covers the adjacent Qalhat LNG project, which has been extended for five years. As … Read the full press release
Posted in Business, Energy, Gas & Oil, France, Industrial, Investment
Tagged Itochu, joint venture, Julien Pouget, Korea LNG, LNG, Mitsubishi, Mitsui, Naturgy, Oman, Oman LNG, Omani liquefied natural gas, Osaka Gas, PTTEP, Shell, TotalEnergies
Norsk Hydro ASA Reports Share Buyback Program Transactions Totaling NOK 312.8 Million (~ EUR 26.5 Million)
(IN BRIEF) Norsk Hydro ASA has provided details of transactions made under its share buyback program, which commenced on September 22, 2023, and is set to conclude on February 29, 2024. The program has involved multiple transactions, with varying daily … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, Metals and Minerals, News, Norway
Tagged Financial, investment, Norsk Hydro, Share Buyback Program
TotalEnergies’ Cape Ann LNG Terminal Adds 5 Billion Cubic Meters to French Gas Supply
(IN BRIEF) TotalEnergies has officially commissioned the Cape Ann, a Floating Storage and Regasification Unit (FSRU) for liquefied natural gas (LNG) in Le Havre’s port. This FSRU has begun injecting natural gas into the grid, using LNG sourced from Norway. … Read the full press release
TotalEnergies Strengthens Position in Europe’s Largest Power Market with Quadra Energy Purchase
(IN BRIEF) TotalEnergies has signed agreements to acquire Quadra Energy, a major player in the German renewable energy sector. Quadra Energy, with its 9 GW “virtual power plant,” is one of the top aggregators of renewable electricity in Germany. In … Read the full press release
TotalEnergies-Led Consortium Project Attentive Energy One to Power New York with 1.4 GW of Renewables
(IN BRIEF) TotalEnergies and its partners, Corio Generation and Rise Light & Power, have been awarded a 25-year contract to supply 1.4 GW of renewable electricity in New York State. Their Attentive Energy One project, a joint venture between TotalEnergies … Read the full press release
TotalEnergies Commences Commercial Operations at 380 MWp Myrtle Solar Farm in Texas
(IN BRIEF) TotalEnergies has announced the commencement of commercial operations at the Myrtle Solar farm, a utility-scale solar facility located south of Houston, Texas. With a peak capacity of 380 MWp and 225 MWh of co-located batteries, the solar farm … Read the full press release
TotalEnergies Responds to Accusations Over Mozambique LNG Terrorist Attacks, Details Emergency Assistance Efforts
(IN BRIEF) TotalEnergies rejects accusations of “manslaughter and a failure to assist people in danger” during the 2021 terrorist attacks in northern Mozambique. The company outlines its emergency response, which included evacuating over 2,500 people from the Mozambique LNG project … Read the full press release
Posted in Business, Energy, Gas & Oil, France, Government, Industrial, Management, News, Security & Safety
Tagged Accusations, LNG Terrorist Attacks, Mozambique, TotalEnergies
TotalEnergies Surpasses 1,000 High-Power Chargers for Electric Vehicles in France, Becomes No.1 in Ultra-Fast Charging
(IN BRIEF) TotalEnergies has achieved a significant milestone in electric mobility by installing and operating over 1,000 high-power chargers (HPC) for electric vehicles across France, making it the leading player in ultra-fast charging on the country’s motorways and expressways. As … Read the full press release
Borealis and TotalEnergies Expand Petrochemical Venture with New Baystar Polyethylene Unit
(IN BRIEF) Borealis and TotalEnergies are celebrating the successful start-up of their joint venture, Baystar’s new Borstar® polyethylene (PE) unit in Pasadena, Texas. Representing a significant investment of USD 1.4 billion, this state-of-the-art unit, referred to as Bay 3, doubles … Read the full press release
Posted in Austria, Business, Chemicals, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Baystar, Bernard Pinatel, Borealis, Borstar® polyethylene (PE) unit, partnership, Pasadena, petrochemical, polyethylene unit, sustainability, Texas, Thomas Gangl, TotalEnergies
TotalEnergies and Borealis Enhance U.S. Petrochemical Presence with New Baystar Polyethylene Unit
(IN BRIEF) TotalEnergies and Borealis are celebrating the successful start-up of their joint venture, Baystar’s new Borstar® polyethylene (PE) unit in Bayport, Texas. This unit, with a capacity of 625,000 metric tons per year and an investment of USD 1.4 … Read the full press release
TotalEnergies Signs 15-Year Renewable PPA with Saint-Gobain to Decarbonize North American Operations
(IN BRIEF) TotalEnergies has inked a 15-year Renewable Power Purchase Agreement (PPA) with Saint-Gobain, marking the second long-term solar power supply agreement aimed at decarbonizing the building materials company’s 125 industrial sites in North America. TotalEnergies will provide clean energy … Read the full press release
Ombrea Acquisition Enhances TotalEnergies’ Commitment to Green Agriculture
(IN BRIEF) TotalEnergies has successfully acquired Ombrea, a leading French agrivoltaics company. Ombrea, established in 2016, specializes in integrating agriculture and solar power generation. With this acquisition, TotalEnergies aims to accelerate the development of agrivoltaic projects in France and worldwide, … Read the full press release
Posted in Agriculture, Energy, Gas & Oil, Environment, France, Industrial, Technology
Tagged acquisition, agricultural production, agrivoltaics, Christian Davico, French Renewable Energy Acceleration Law, green electricity generation, Julie Davico-Pahin, Ombrea, solar power, TotalEnergies, Vincent Stoquart
TotalEnergies Continues Commitment to Angola’s Energy Landscape with Block 20 Deal
(IN BRIEF) TotalEnergies EP Angola Block 20 has completed the sale of a 40% stake in Block 20, located in Angola’s Kwanza Basin, to PETRONAS ANGOLA E&P LTD (PAEPL), a PETRONAS subsidiary, for $400 million as of January 1, 2023. … Read the full press release
TotalEnergies to Expand High-Power EV Charging Network with 1,100 New Points Across Germany
(IN BRIEF) TotalEnergies has secured a contract to install and operate 1,100 high-power charge points (HPC) for electric vehicles (EVs) as part of the German government’s “Deutschlandnetz” initiative. These charging points, offering up to 200 kW charging power, will be … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged electric mobility, EV charging network, Germany, High Power Charging (HPC), partnership, sustainability, Thierry Pflimlin, TotalEnergies
TotalEnergies Provides Urgent Relief to Flood-Affected Libya
(IN BRIEF) In response to the devastating floods in Libya’s Derna region, TotalEnergies has swiftly stepped in to provide critical assistance. The company has deployed both ground and air resources, sending nearly 50 tons of essential supplies, including medical items, … Read the full press release
TotalEnergies, Petrobras, and Casa dos Ventos Forge Partnership to Boost Renewable Energy and Low-Carbon Hydrogen in Brazil
(IN BRIEF) TotalEnergies, Petrobras, and Casa dos Ventos Holding have entered into a Memorandum of Understanding (MoU) to explore collaborative opportunities in the renewable energy and low-carbon hydrogen sectors in Brazil. Under this agreement, the three companies will jointly investigate … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Brazil, Casa dos Ventos, Casa dos Ventos Holding, low-carbon hydrogen, partnership, Patrick Pouyanné, Petrobras, renewable energy, sustainability, TotalEnergies
TotalEnergies Launches Development Studies for Major Offshore Oil Project in Suriname
(IN BRIEF) TotalEnergies has initiated development studies for a major offshore oil project in Block 58, offshore Suriname. This follows the successful appraisal of the Sapakara South and Krabdagu oil discoveries, confirming a combined resource estimate of approximately 700 million … Read the full press release
TotalEnergies Strengthens Collaborative Energy Projects with Azerbaijan, Inaugurates Absheron Gas Field Phase
(IN BRIEF) TotalEnergies’ Chairman and CEO, Patrick Pouyanné, met with President Ilham Aliyev of Azerbaijan during the inauguration ceremony of the Absheron gas field’s first development phase. The gas field is currently producing 1.5 BCMA, with plans to increase production … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Absheron Gas Field, Azerbaijan, energy projects, Ilham Aliyev, Mr. Mikayil Jabbarov, Mr. Parviz Shahbazov, Mr. Rovshan Najaf, partnership, Patrick Pouyanné, sustainability, TotalEnergies
AB Volvo Witnesses Conversion of Series A Shares to Series B, Adjusting Total Registered Shares and Votes
(IN BRIEF) The conversion of 1,069 Series A shares to Series B shares in AB Volvo has altered the company’s registered share count, resulting in a total of 2,033,452,084 shares, comprising 444,986,702 Series A shares and 1,588,465,382 Series B shares, … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Investment, Management, News, Sweden
Tagged AB Volvo, Financial, investment, shares
TotalEnergies Advances Carbon Storage Strategy with Acquisition of 40% Interest in CO2 Storage Exploration License
(IN BRIEF) TotalEnergies has entered into an agreement with CapeOmega Carbon Storage AS to acquire a 40% participating interest in the CO2 storage exploration license ExL004, also known as the “Luna” project. The license covers an area of 453 sq.km … Read the full press release
TotalEnergies and INPEX Collaborate with PTTEP for Acquisition of AC-RL7 Permit in Australia
(IN BRIEF) TotalEnergies and INPEX have partnered with PTTEP to acquire the AC-RL7 permit in Australia. TotalEnergies will own 26% while INPEX will have a 74% stake and assume operatorship, subject to regulatory approval. The permit includes Cash and Maple … Read the full press release
TotalEnergies and SOCAR Divest Stake in Absheron Gas Field to ADNOC
(IN BRIEF) TotalEnergies and its partner SOCAR have signed an agreement to sell a 15% participating interest each in the Absheron gas field to ADNOC. Following the completion of this transaction, TotalEnergies will retain a 35% interest in the Absheron … Read the full press release
Posted in Business, Energy, Gas & Oil, France, Government, Industrial, Infrastructure & Utilities, Management, News
Tagged Absheron Gas Field, ADNOC, JOCAP, Nicolas Terraz, partnership, SOCAR, TotalEnergies
TotalEnergies Strengthens Renewable Energy Position with Full Acquisition of Total Eren and New Green Hydrogen Partnership
(IN BRIEF) TotalEnergies, a global multi-energy company, has fully acquired Total Eren after a successful strategic alliance of five years. The acquisition increases TotalEnergies’ stake from close to 30% to 100%, integrating Total Eren’s teams within TotalEnergies’ Renewables business unit. … Read the full press release
Italy’s Electricity Demand Declines in June, Renewables Cover 44.3% of Total Demand
(IN BRIEF) In Italy, the demand for electricity in June decreased by 9.2% compared to the same period in 2022, reaching 25.4 billion kWh. Renewable sources covered 44.3% of the demand, with hydroelectric production experiencing a recovery of 44% compared … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Italy, Management, News
Tagged demand, electricity, Italy, renewable energy, Terna
TotalEnergies, Aramco, and SABIC Successfully Convert Plastic Waste into Certified Circular Polymers in the Middle East
(IN BRIEF) TotalEnergies, Aramco, and SABIC have achieved a significant milestone in the Middle East and North Africa by successfully converting plastic waste-derived oil into ISCC+ certified circular polymers. The plastic pyrolysis oil was processed at the SATORP refinery in … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, France, Industrial, Management, News, Technology
Tagged Aramco, Bernard Pinatel, Certified Circular Polymers, Middle East, Mohammed Y. Al Qahtani, North Africa, partnership, plastic waste, SABIC, Sami Al-Osaimi, sustainability, TotalEnergies, waste management