Tag Archives: TotalEnergies

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

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

Eni Successfully Wraps Up Cronos-2 Well Appraisal in Offshore Cyprus

(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

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

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

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

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

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

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

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

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

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

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

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