TotalEnergies’ (LON: TTE) chief executive has hailed the opening of the company’s UK Offshore Wind Hub in Aberdeen as being “symbolic” of its new strategy.
TotalEnergies has appointed a new head of exploration and production, Nicolas Terraz, and to the executive committee.
TotalEnergies has signed a number of major deals in Iraq’s Basra area, to develop local resources and support power generation.
TotalEnergies enjoyed a strong financial showing in the first half of 2021, driven by a recovery in the oil price.
Total has officially changed its name to TotalEnergies as part of efforts to reflect its net zero ambitions.
The sovereign wealth fund of Norway will vote against the re-election of Total SE’s Patrick Pouyanne as director of the French energy company at this week’s annual general meeting.
France held a summit on May 18 for African leaders, with discussions around debt, security and energy.
Total has set out plans to get the Papua LNG plan back on track, following the declaration of force majeure on its Mozambique LNG project.
Benefiting from higher oil prices, Total reported an adjusted net income of $3 billion for the first quarter, up 69% year on year.
French oil giant Total plans to rebrand as “Total Energies”, in a move it said would underline its strategy to become a net zero emissions company.
Total has opted not to continue being a member of the American Petroleum Institute (API), expressing differences of opinion over climate change.
Total and Adnoc have signed a strategic framework agreement on CO2 reductions and carbon capture, utilisation and storage (CCUS).
Total has reported adjusted net income of $848 million, with an organic cash breakeven below $25 per barrel.
Total remains committed to developing hydrocarbon resources, but the cost must be sufficiently low to survive in a world of lower prices, the company’s chairman and CEO Patrick Pouyanné has said.
Uganda has signed a host government agreement (HGA) with Total on the East Africa Crude Oil Pipeline (EACOP), followed by new declarations with Tanzania on the link.
Frontier Energy has gone online with its highly regarded Africa E&P Summit, due to take place on September 16 and 17.
Total barely managed to stay in profit for the start of 2020 as oil prices took a nosedive due to the Covid-19 outbreak.
French oil major Total is planning to cut its investment programme by around 20% and freeze recruitment in response to the oil price crunch, according to a news report.
The boss of French oil giant Total has said moving the company's financial hub out of London to Paris due to Brexit is "a logical decision".
Total has made a major move in Angola, picking up equity in blocks previously held by Cobalt International Energy and extending the licence on Block 17.
Total has reached an agreement with Libya’s National Oil Corp. (NOC) on the French company’s acquisition of a stake in the Waha concessions.
With their next meeting just weeks away, OPEC and its partners are showing no impetus for stronger action to support oil prices.
While low LNG spot prices have taken their toll, the Europe’s two major players in the sector, Total and Shell, performed strongly in the third quarter.
Energy giant Total has said it sees “new potential for investments” in the North Sea off the back of exploration successes in the UK.