TTE's two utility-scale solar farms with integrated battery storage come online. This move is in sync with TTE's goal to deliver clean energy.
French oil major TotalEnergies will sign a final investment decision (FID) on Tuesday for a more than $10 billion offshore oil and gas development in Suriname, the country's first, said four sources with knowledge of the project.
TTE, SHEL and EQNR's carbon dioxide storage project on Norway's facility is complete and ready to receive carbon dioxide in 2025.
France's TotalEnergies expands its natural gas footprint in the United States through a deal reached with Lewis Energy Group to acquire a 45% stake in some dry gas producing assets in the Eagle Ford basin in Texas, the company said on Friday.
TotalEnergies SE is adhering to its fiscal year plan, with major projects on schedule. The company's strategy includes diversification into renewables and power generation. TotalEnergies grows more slowly in exchange for diversification.
TTE signs a new deal with AGEL for a solar project in India. This should allow TTE to capitalize on the ongoing liberalization of the Indian electricity market.
India's Adani Green Energy said on Monday that its board has approved agreements that would enable a TotalEnergies affiliate to invest $444 million to form a new joint venture with the company.
The U.S. commodity markets regulator on Tuesday ordered the Swiss energy trader TOTSA TotalEnergies Trading SA to pay a $48 million fine, alleging that the company had attempted to manipulate the market for European benchmark gasoline futures.
French oil major TotalEnergies has agreed to sell its 50% stake in oil marketing company Total PARCO Pakistan Limited to global commodities trader Gunvor Group, TotalEnergies said in a statement on Tuesday.
TotalEnergies' (TTE) second-quarter net income was adversely impacted by lower refining margins. The company continues to buyback its shares to increase the value of its shareholders.
TotalEnergies' (TTE) second-quarter earnings are expected to have benefited from its multi-energy operation and multiple agreements to expand the company's LNG operations and serve customers globally.
TotalEnergies SE is a large energy firm focusing on diverse market segments, including renewable energy, integrated gas, and traditional fossil fuel exploration. Despite recent underperformance in the market, the company's long-term trajectory and attractive valuation make it a compelling investment opportunity. Analysts expect a decline in revenue for the second quarter of the 2024 fiscal year, but anticipate an improvement in net income, supporting a bullish outlook on the company.