(IN BRIEF) Eni has completed the Cronos-2 well appraisal in Block 6, offshore Cyprus, confirming a production capacity exceeding 150 MMSCFD. The well aimed to assess the extension and reservoir characteristics of the Cronos gas discovery, proving hydraulic communication and … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Italy
Tagged calypso, Cronos, Cronos gas discovery, Cronos-2 well, Cyprus, Eni, gas, oil, TotalEnergies, Zeus
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(IN BRIEF) TotalEnergies has joined forces with offshore wind developer Corio Generation and electricity producer Rise Light & Power to develop the Attentive Energy offshore wind project off the coasts of New York and New Jersey. Corio and Rise have … Read the full press release
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(IN BRIEF) TotalEnergies, in collaboration with Global Infrastructure Partners (GIP), NextDecade Corporation, GIC, and Mubadala, has reached the final investment decision (FID) to develop phase 1 of the Rio Grande LNG (RGLNG) project in South Texas. The initial phase includes … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Bechtel, GIC, Global Infrastructure Partners (GIP), investment, Matt Schatzman, Mubadala, NextDecade Corporation, partnership, Patrick Pouyanné, Rio Grande LNG Project, South Texas, TotalEnergies
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