TotalEnergies SE (TTE) announced the signing of a Memorandum of Understanding (MoU) with Türkiye Petrolleri Anonim Ortaklığı (TPAO), indicating a new collaboration.
Fuel price reductions were announced in Croatia, while in Ghana, experts cautioned that these cuts would not immediately lower consumer prices. Separately, a strike was called at TotalEnergies stations in France in response to rising fuel costs.
TotalEnergies announced a significant surge in its first-quarter earnings, primarily attributed to robust trading performance and elevated oil prices. This positive financial outcome was achieved despite the ongoing impact of global conflicts.
Patrick Pouyanné a mis en garde contre les risques de tension sur l’approvisionnement mondial en pétrole et en produits raffinés si la situation devait perdurer au-delà de trois mois.
A refinery operated by TotalEnergies and Aramco has been shut down following damage sustained amid the ongoing conflict involving Iran, impacting energy production.
A price cap imposed by TotalEnergies has resulted in fuel shortages at nearly 20% of gas stations across France, though authorities deny broader supply problems.
TotalEnergies and Masdar have established a $2.2 billion joint venture aimed at developing renewable energy projects across Asia. This partnership underscores a significant investment in sustainable energy solutions for the region.
The stock prices of luxury brands like LVMH and Hermès are experiencing a downturn, contrasting with the record-breaking performance of energy companies such as Totalenergies, prompting analysts to offer clear advice.
TotalEnergies and Masdar have announced the launch of a new $2.2 billion joint venture focused on renewable energy projects across Asia. This partnership aims to expand their footprint in the rapidly growing Asian renewables market.
TotalEnergies and Masdar have established a $2.2 billion joint venture focused on renewable energy projects across Asia, expanding their presence in the region's green energy sector.
TotalEnergies has announced the extension of its fuel price cap at its service stations in France until April 7th, strategically timed to attract customers during the long Easter weekend.
The premium for Dubai crude has experienced a slump as numerous sellers have reportedly piled offers onto TotalEnergies, indicating a shift in market dynamics for the oil benchmark.
The Middle East conflict continues to cause significant volatility in global energy markets and broader economic slowdowns. Western powers are struggling to secure shipping in the Red Sea, and the Strait of Hormuz remains a treacherous battleground, with Iran setting new conditions for passage, banning US, Israel, and their allies. Oil prices have fluctuated as Iran stated 'non-hostile' ships can pass, though vessel transits remain significantly reduced.
Donald Trump has reportedly paid the French company TotalEnergies $928 million to stop a wind power project, leading the company to redirect its investments towards fossil fuel initiatives.
TotalEnergies has finalized a nearly $1 billion agreement with the US government to withdraw from its US offshore wind farm projects, with the French company redirecting funds towards oil and gas production amidst a global fuel crisis, as confirmed by the Department of Interior.
President Donald Trump has reiterated his 48-hour ultimatum to Iran to reopen the Strait of Hormuz, threatening to 'obliterate' its power plants and energy infrastructure. Tehran has warned it will respond with attacks on U.S. and Israeli energy targets if its facilities are targeted and stated the strait is open to all except "enemy" ships.
A Belgian court in Tournai has decided to postpone its ruling on a farmer's lawsuit against TotalEnergies, in which he accuses the oil giant of harming his business through climate change, until a similar case in France concludes with a verdict expected in June.
The CEO of TotalEnergies met with President Chapo and confirmed that security conditions are now secured for the Mozambique LNG project, signaling progress for the major energy development.
The CEO of the French oil company in Spain faces the start of his term in the context of the conflict in the Middle East and the challenges of the system after the blackout. Read
The Aramco chief has warned of a 'catastrophic' impact on the oil market if the Strait of Hormuz remains closed, reiterating that Saudi Aramco could restore full production within days of its reopening.
French energy giant TotalEnergies has announced the suspension of 15% of its global oil and natural gas production, with operations stopping or in the process of stopping in Qatar, Iraq, and offshore United Arab Emirates, citing the Middle East conflict.
Amid calls to cap or subsidize fuel prices, the French government is hesitant due to the significant financial cost such measures would incur. Officials are weighing the economic impact of intervening in pump prices.
«Compte tenu de la situation de crise au Moyen-Orient», le groupe pétrogazier français «a décidé d’engager le retour des familles d’employés présentes dans plusieurs pays de la zone», en lien avec…
Cactus and TotalEnergies are collaborating to build a national network of intelligent charging stations in Luxembourg, aiming to provide comfort, speed, and accessibility for all users.
MTN has been the most traded stock on the Ghana Stock Exchange, while TotalEnergies saw a gain of GH¢0.41, contributing to the market's overall capitalization reaching GH¢248 billion.
TotalEnergies has announced a significant oil and gas discovery at its Moho License offshore the Republic of Congo, potentially boosting the country's energy reserves.
TotalEnergies announced the shutdown of its Satorp refinery in Saudi Arabia "as a safety measure" following "incidents that occurred during the night of April 7-8, which damaged one of the refinery's two processing trains."
A technical error at a TotalEnergies station in Onnaing, France, led to dozens of customers being charged nearly ten euros per liter for diesel for 16 hours, with the company now promising full refunds.
The Ghana Stock Exchange (GSE) experienced a modest gain, with TotalEnergies and GCB emerging as key drivers in the post-holiday market recovery. This indicates positive movement in the Ghanaian equities market.
Shell and TotalEnergies are reportedly among several companies interested in acquiring a stake in a U.S. Gulf of Mexico oil and gas field, according to a Reuters report.
A Moscow court has sentenced German carnival sculptor Jacques Tilly to eight-and-a-half years in prison in absentia for creating carnival floats that depicted Russian President Vladimir Putin and Orthodox Church Patriarch Kirill in sexual situations, which was deemed insulting.
TotalEnergies and Masdar have announced a new $2.2 billion joint venture focused on renewable energy projects across Asia, with the Wall Street Journal also reporting on the formation of this significant partnership.
TotalEnergies has announced it is dropping its net-zero target, attributing the decision to a slower global green energy transition and existing EU regulations.
Blockades at fuel depots in Corsica have led to initial shortages at service stations, as independent distributors protest against TotalEnergies' capped prices, which they deem unfair competition.
Le Figaro has analyzed the dynamics of pump prices across various distribution brands in France, including TotalEnergies, Auchan, and Leclerc, revealing significant disparities in how much each retailer has increased their tariffs.
EnvironmentCNNTimes of IndiaThe Week28d ago3 sources
The Trump administration has reportedly paid French firm TotalEnergies $1 billion to abandon its U.S. offshore wind leases, redirecting funds to domestic oil and gas projects, a move criticized by North Carolina's governor and aligning with the administration's pro-fossil fuel stance.
TotalEnergies has abandoned two offshore wind projects off the US East Coast after reaching a nearly $1 billion settlement, with critics calling the move a "massive backsliding" as the company pivots back to fossil fuels.
TotalEnergies has abandoned two offshore wind projects off the US East Coast after reaching a nearly $1 billion settlement, with critics calling the move a 'massive backsliding' as the company pivots back to fossil fuels.
Ef stríðið í Mið-Austurlöndum varir lengur en sex mánuði mun efnahagur heimsins verða fyrir verulegum áhrifum, að sögn forstjóra franska olíufyrirtækisins TotalEnergies.
The Trump administration is reportedly weighing a $1 billion deal with TotalEnergies to prevent the development of offshore wind farms, according to the New York Times.
BusinessdeloThe IndependentYahoo+13hotnewsTimes of Indiahindustan-timesstraits-timesiefimeridajapan-timeschannel-news-asianewsbeast+5 more1mo ago16 sources
Oil prices continue to rise due to ongoing attacks in the Middle East, with the Philippines government now probing sudden gas station closures amid domestic price hikes. The conflict has also led to higher oil prices globally, impacting various economies, while analysts question why gold is not rallying in response to the oil surge.
TotalEnergies has announced the shutdown of its production operations in Qatar and Iraq, citing the escalating conflict and fighting in the Middle East as the reason for the move.
Shell and TotalEnergies have declared force majeure on their LNG contracts from Qatar, indicating unforeseen circumstances affecting their ability to fulfill obligations following Qatar's announced production halt at a facility last week.
An article explores whether TotalEnergies SE (TTE) represents the best undervalued stock opportunity for investment currently, analyzing its market potential.
Mis en place en 2023 en réponse à une flambée précédente des prix du pétrole, le dispositif de plafonnement du géant pétrolier français a toujours cours aujourd’hui.
TotalEnergies will inaugurate a 5MW solar plant at OML 58 to power its Ubeta Gas Project, advancing its goal for lower-carbon energy production in Nigeria.
Read More: https://punchng.com/totalenergies-to-inaugurate-5mw-solar-plant-at-oml-58/
Brussels competition authorities have authorized an alliance between Repsol, HitecVision, and TotalEnergies for operations in the North Sea, deeming its impact on competitors as 'limited'.
West Virginia plans a new gas-fired power plant and three solar projects, while TotalEnergies is expanding its electric vehicle charging network across Belgium and the Netherlands.
TotalEnergies projects a strong quarter, while Virgin Australia anticipates higher fuel costs and adjusts airfares, as the Middle East conflict creates volatility in the energy market.
Türkiye's state-owned Turkish Petroleum Corporation (TPAO) and TotalEnergies have signed a preliminary agreement to explore for hydrocarbons in the Black Sea waters off Türkiye.
A federal judge in Rio de Janeiro has issued a preliminary injunction, suspending Brazil's 12% crude oil export tax for five international companies including Shell and TotalEnergies.
An analysis suggests that TotalEnergies continues to be perceived as a 'useful villain' in France, with its price caps gaining more favor with customers than with politicians.
TotalEnergies has once again extended its fuel price cap until the end of April, but announced an increase in the maximum price for diesel to 2.25 euros, up from 2.09 euros.
US allies are developing a Plan B for the Strait of Hormuz in case President Trump withdraws, as Trump continues to strongly criticize NATO countries for their unwillingness to deploy militaries to the waterway and threatens to leave the alliance. This comes as Trump's irritation with NATO forces Europeans to confront the realities of the alliance.
French energy giant TotalEnergies reportedly made a billion-dollar profit by strategically acquiring Asian-bound oil cargoes during the closure of the Strait of Hormuz, capitalizing on the Middle East conflict.
TotalEnergies achieved significant profits exceeding $1 billion by purchasing all available crude oil cargoes from the UAE and Oman in March for May loading, capitalizing on its Middle East oil trading strategy amidst the ongoing conflict and dominating the region's oil trade, as reported by Financial Times sources.
French energy giants EDF and TotalEnergies have signed a contract for the long-term supply of nuclear electricity until 2040, aimed at securing power for TotalEnergies' French refining and chemical sites.
The Iran war continues to cause a global energy shock, driving fuel prices up and shaking the world economy, with Asia looking to COVID-era playbooks to tackle the crisis from the Strait of Hormuz blockage. Daily life in Asia is disrupted by the fuel crisis, and poor countries face catastrophe as the global economy pays a high price for the conflict.
US-Israeli attacks continue to hit Iran's energy infrastructure, rattling the global economy with rising electricity, gas, and air cargo prices, with TotalEnergies CEO noting unprecedented soaring refining margins amid the Iran war.
Iranian missile strikes are costing the oil industry billions, with the IEA warning of a severe energy crisis, while a TotalEnergies CEO cautions that oil and gas prices could surpass 2022 highs if the Hormuz crisis persists, and oil prices rise as markets assess supply risks after Iran denied US talks.
The United States and France's TotalEnergies have signed an agreement worth nearly $1 billion to terminate the company's offshore US wind farm projects, redirecting funds towards fossil fuel production instead.
TotalEnergies has opened France's first advanced chemical recycling plant, drawing criticism from environmental NGOs who claim its processes will generate more greenhouse gases than conventional recycling.
The United States government is reportedly considering a settlement of nearly $1 billion with TotalEnergies regarding a wind farm project, according to a New York Times report cited by Reuters.
TotalEnergies has finalized the development plan for the second phase of the Absheron gas field in Azerbaijan, marking a significant step for the energy project.
TotalEnergies has announced a 15% reduction in its output, directly attributing the decline to the ongoing conflict in the Middle East. This highlights the specific operational impact of geopolitical tensions on major energy companies.
TotalEnergies has successfully restarted operations at Libya's Mabruk oil field, which had been non-operational for ten years, marking a significant development in the region's energy sector.
Fuel giant Totalenergies on Thursday announced a ‘cap’ on petrol and diesel prices at its service stations in mainland France for the next three weeks.
The French oil company TotalEnergies has removed its foreign staff from projects in Basra, Iraq, due to escalating regional tensions, according to Iraqi oil sources.
The UK Chancellor is scheduled to meet with executives from major North Sea energy companies, including BP and TotalEnergies, to reiterate the government's commitment to ending the windfall tax.
TotalEnergies has divested a 50% stake in its 789 MW German battery storage portfolio to AllianzGI, marking a significant transaction in the renewable energy sector.
TotalEnergies formally transfers the OLO Oilfield Host Community Trust to Aradel Holdings, a key milestone in the Petroleum Industry Act’s implementation.
Read More: https://punchng.com/totalenergies-hands-olo-trust-to-aradel/
TotalEnergies' Managing Director stated that Nigeria's Petroleum Industry Act (PIA) is facilitating transparency and attracting foreign direct investment in the country's oil sector.
Mr Bouyer reaffirmed the company’s commitment to expanding Nigeria’s energy supply while reducing the carbon intensity of its operations
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