TotalEnergies, EnBW win in $3.2 billion offshore wind site auction
Oil major TotalEnergies and utility EnBW won a 2.5 gigawatt (GW) offshore wind site auction in Germany that fetched 3.02 billion euros ($3.22 billion), the country's network regulator said on Friday.
TotalEnergies: Could Namibia Be Its Guyana Moment?
TotalEnergies delivered a solid Q1 with lower sales and production levels offset by a decrease in costs and downstream profits. Recent discoveries in frontier regions Namibia and Suriname of ~5.8Bboe (of which 5.1Bboe in Namibia) are key to provide long-term growth optionality post-2030. I estimate the aggregated equity resource of ~2.7Bboe could boost liquids reserves by up to 23% and be worth ~$10.1B or 5% of current market cap.
TotalEnergies, NNPC to invest $550 mlm in Nigeria gas facility, source says
Nigeria's state oil firm NNPC Ltd and TotalEnergies will invest $550 million to develop a gas processing facility in southern Rivers state to boost exports and domestic supplies, an NNPC source said on Wednesday.
TotalEnergies: The Virtue Of Consistency With 2 New Upsides
Namibia adds further upside potential with the company's intention to approve a first large-scale oil development by 2025. Potential primary listing move to New York could close TotalEnergies' valuation gap. Guidance is unchanged, and substantial remuneration is fully covered by the free cash flow yield. This means a buy.
TotalEnergies (TTE) Sells Its Subsidiary in Brunei for $259M
TotalEnergies (TTE) decides to sell its mature assets in Brunei for $259 million to focus more on the most promising assets across the globe.
TotalEnergies (TTE) Signs Green Hydrogen Deal With Air Products
TotalEnergies (TTE) signs an agreement for annual supply of green hydrogen. Green Hydrogen usage should assist TTE in decarbonizing all of its European refineries.
TotalEnergies (TTE) Inks Deal for U.K. Gas-Fired Power Plant
TotalEnergies (TTE) signs an agreement to acquire West Burton B gas-fired power plant. TTE is expected to further expand its clean electricity generation capacity with the deal.
TotalEnergies (TTE) Wins Two Contracts to Deliver LNG to Asia
TotalEnergies (TTE) further expands its LNG operation in Asia with two new supply contracts. It is well poised to benefit from rising LNG demand in Asia.
TotalEnergies (TTE) & Allies to Produce Green Hydrogen in Tunisia
TotalEnergies (TTE), along with joint venture partners, produce green hydrogen in Republic of Tunisia and export the same to Europe through pipelines.
TotalEnergies' boss re-appointed to board, approved by around 76 percent of shareholder votes
Patrick Pouyanne, chairman and chief executive of French oil major TotalEnergies , was re-appointed to the company's board by around 76 percent of shareholder votes, according to the result of a vote at TotalEnergies' annual general meeting.
TotalEnergies says it is examining cross-listing shares in U.S.
TotalEnergies said on Friday that it is studying plans to cross-list its shares in the United States, while also keeping its shares on the Euronext stock exchange.
France less attractive for renewable investment than other countries, TotalEnergies says
Sluggish project approvals and the fact that wind power is sold to the government, rather than directly to customers, make France less attractive than some other countries for renewable investments, according to the director of TotalEnergies France.
