TotalEnergies has “little future” in the UK, boss warns
TotalEnergies (PAR: TTE) will continue to move away from the UK North Sea as it looks to curtail exploration in the basin.
Patrick Pouyanne
TotalEnergies CEO says plan for New York listing is progressing
TotalEnergies SE Chief Executive Officer Patrick Pouyanne said the French energy giant is progressing with its plan to list shares in New York in a bid to lure more US investors.
TotalEnergies hit by criminal complaint over climate turmoil
TotalEnergies SE’s (LON:TTE) bosses were hit by a criminal complaint from climate change activists over their alleged role in disasters sparked by global warming.
TotalEnergies’ profit drops less than expected on strong oil
TotalEnergies SE (LON:TTE) reported a smaller-than-expected drop in first-quarter profit as a resilient oil market partly offset lower gas prices.
Shareholders to pitch splitting TotalEnergies CEO and chairperson roles
Investors in French oil major TotalEnergies (LON: TTE) will call for the division of the role of CEO and chairperson of the company, claiming this could speed up its transition towards clean energy.
TotalEnergies floats potential second Orange Basin development
“For me, it’s easier to develop offshore projects than onshore projects. Onshore there are stakeholders, who are more complex to manage.”
TotalEnergies aims for Block 58 decision in 2024
The $9 billion project would aim to produce these fields, through subsea wells, to an FPSO. The facility would be around 150 km off the Suriname coast, with the reserves in water depths ranging from 100 to 1,000 metres.
WBHO raises prospect of return to Mozambique LNG this year
Earlier this month, CEO and chairman Patrick Pouyanné visited Cabo Delgado and announced the appointment of a human rights rapporteur, Jean-Christophe Rufin.
Drilling “imminent” on Total’s mooted golden block
The plan, he said, would not be “to appraise everything”. Instead, the partners in the block would “accelerate the time to market … if we have the chance to really confirm the volumes which seems to have been discovered, there will be room to make fast track developments, like we did on Block 17, 25 years ago.”
Downstream props up TotalEnergies’ profit machine
The French supermajor said it expected to pay $400 million under the UK Energy Profits Levy (EPL) in the fourth quarter, bringing the full-year impact of the windfall tax to an expected $1bn.
Qatar takes stake offshore Lebanon with Total, Eni
“Along with our partners, we are committed to drilling as soon as possible in 2023 an exploration well in Block 9, and our teams are mobilised to conduct these operations.”
TotalEnergies targets Lebanon well in 2023
TotalEnergies aims to drill “as soon as possible” in Lebanon’s Block 9, in 2023, following talks with the Lebanese government.
Gas over coal for South Africa, TotalEnergies boss argues
TotalEnergies can develop gas offshore South Africa responsibly, the CEO has argued, and help the country reduce emissions.
Total, Conoco close Waha sale despite some local opposition
TotalEnergies and ConocoPhillips have bought out Hess from Libya’s Waha concession, completing a deal that has taken around a year.
TotalEnergies looks to hire rig for Lebanon drilling, after Israel deal
TotalEnergies and Eni have reached a deal with Israel allowing them to begin exploration in Lebanon’s Block 9.
COP27 activists pursue Pouyanne over Russia “blood money”
Activists at COP27 have accosted Patrick Pouyanné, CEO of TotalEnergies, to demand answers about “bloody money” from the company’s Russian operations.
TotalEnergies staff bag salary bonus in ‘favourable’ quarter
TotalEnergies (PAR:TTE) will award all staff a one-month salary bonus, as it looks to share record profits made through the year to Q3.
TotalEnergies’ Russian LNG impairment keeps on rising
TotalEnergies has increased its Russia impairment by another $3.056 billion over challenges in its LNG plans.
European Parliament finding on Uganda fails democracy, Total says
The European Parliament’s criticism of oil projects in Uganda failed to “respect the fundamental principles” of democracy, TotalEnergies has said.
TotalEnergies plans out new Angola hub for 2023
TotalEnergies plans to continue pressing ahead with short-cycle projects in Angola but also add a new hub on the Cameia-Golfhino finds.
Total takes stake in next Qatari LNG expansion
TotalEnergies has signed up to take a 9.375% stake in Qatar’s next phase of LNG expansion, North Field South (NFS).
ONS: Stavanger energy conference draws in 61,000 people
The ONS conference in Stavanger has drawn in a whopping 61,000 visitors, but not quite matched the number of attendees pre-Covid.
NOC secures investment pledges from Eni, TotalEnergies
Libya’s National Oil Corp. (NOC) chairman Farhat Bengdara has visited the heads of Eni and TotalEnergies in their home offices, seeking new investments.
Total tees up a trio of energy projects in Angola
TotalEnergies has taken a final investment decision (FID) on Begonia, a field in Angola’s Block 17/06.
Refining drives doubling of TotalEnergies’ second quarter income
TotalEnergies has reported net income of $5.69 billion, up more than two and a half times from the first quarter, driven largely by its downstream and chemicals operations.