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TotalEnergies SE - TTE STOCK NEWS

Welcome to our dedicated page for TotalEnergies SE news (Ticker: TTE), a resource for investors and traders seeking the latest updates and insights on TotalEnergies SE stock.

TotalEnergies SE (symbol: TTE) is a French multinational integrated energy and petroleum company founded in 1924. As one of the world's seven supermajor oil companies, TotalEnergies is a key player in the global energy market. The company is involved in all aspects of the oil and gas industry, from exploration and production to refining and distribution.

In 2023, TotalEnergies recorded an impressive production rate of 1.6 million barrels of liquids and 5.0 billion cubic feet of natural gas per day. By the end of 2022, the company's reserves were estimated at 10.2 billion barrels of oil equivalent, with 56% being liquids. Additionally, TotalEnergies achieved LNG sales of 44.3 metric tons in 2023. The company also has significant interests in refining, with a daily capacity of nearly 2.0 million barrels, mainly located in Europe. These refineries enable TotalEnergies to distribute refined products across 65 countries.

Moreover, TotalEnergies is making significant strides in the renewable energy sector. By year-end, the company had installed a gross renewable power generation capacity of 22.4 gigawatts. This commitment to sustainability underscores TotalEnergies' dedication to transitioning toward cleaner energy sources.

Alongside its oil and gas operations, TotalEnergies is a major player in the chemical industry, manufacturing both commodity and specialty chemicals. The company’s diverse portfolio and continuous efforts in innovation and expansion reflect its robust financial health and strategic partnerships.

Stay informed with the latest updates and developments about TotalEnergies SE on StockTitan, where you can find detailed information and news about the company’s performance and projects.

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TotalEnergies (TTE) Signs Second Renewable Corporate Power Purchase Agreement with LyondellBasell, Demonstrating Commitment to Renewable Energy and Decarbonization Goals
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TotalEnergies SE (LEI: 529900S21EQ1BO4ESM68) (Paris:TTE) (LSE:TTE) (NYSE:TTE) declares share repurchases from December 11 to December 15, 2023, totaling 2,918,887 shares and amounting to EUR 180,499,914.91.
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TotalEnergies (TTE) reaffirms long-term partnership with Nigeria, investing over $6 billion in projects. The company has eliminated routine flaring and signed a cooperation agreement with Nigerian National Petroleum Company Limited to reduce methane emissions. Chairman and CEO Patrick Pouyanné and President Bola Tinubu discussed ways to improve the investment climate and TotalEnergies' future investment program in the country.
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TotalEnergies (TTE) signs production sharing contract for Block 64 with partners QatarEnergy and Petronas, operated with 40% interest. Block 64 is a 6,262 km2 block located in Suriname.
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TotalEnergies (TTE) is launching construction of a major hybrid renewables project in South Africa, including a 216 MW solar plant and a 500 MWh battery storage system. The project will supply dispatchable renewable electricity to the South African national grid for twenty years, equivalent to over 400 GWh per year. With a Power Purchase Agreement signed in November, the project will supply 75 MW of dispatchable power to the national utility Eskom on a continuous basis from 5 a.m. to 9.30 p.m., thanks to the storage system. The project is expected to be operational in 2025 and is part of the Risk Mitigation Independent Power Producer Procurement Programme launched by the Department of Mineral Resources and Energy to alleviate the country’s electricity supply constraints.
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TotalEnergies (TTE) signs a 5% salary increase agreement for 2024 with trade unions, along with a Value Sharing Bonus equivalent to 75% of one month's salary. The company aims to share its excellent results with employees, following a collective agreement for supporting employees in their energy transition.
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TotalEnergies (TTE) selected as strategic partner for the Mphanda Nkuwa hydropower project in Mozambique. The consortium, including EDF and Sumitomo Corporation, will own 70% of the 1,500 MW project. The project aims to increase Mozambique's electricity production capacity by over 50% and power more than 3 million households. TotalEnergies plans to expand its renewable energy presence in Mozambique, aligning with its net zero by 2050 ambition.
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TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) accelerates its development in the electricity business by acquiring three start-ups from its TotalEnergies On acceleration program at STATION F in Paris. The acquisitions include Dsflow, NASH Renewables, and Predictive Layer, as well as a 56% stake in Time2plug. These acquisitions aim to provide innovative solutions for multi-site, electricity-intensive B2B customers, optimize renewable projects, improve trading operations, and accelerate the deployment of EV charging points in France. TotalEnergies also signs commercial contracts with ten other start-ups from the acceleration program, demonstrating the effectiveness of the TotalEnergies On program in identifying and partnering with promising start-ups.
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TotalEnergies SE (TTE) Announces Total Number of Shares and Voting Rights Exercisable at Shareholders' Meeting
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TotalEnergies SE (TTE) Repurchases Own Shares: December 4-8, 2023
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FAQ

What is the current stock price of TotalEnergies SE (TTE)?

The current stock price of TotalEnergies SE (TTE) is $58.26 as of November 25, 2024.

What is the market cap of TotalEnergies SE (TTE)?

The market cap of TotalEnergies SE (TTE) is approximately 134.0B.

What is TotalEnergies SE?

TotalEnergies SE is a French multinational integrated energy and petroleum company founded in 1924. It is one of the seven supermajor oil companies globally.

What are the core operations of TotalEnergies?

TotalEnergies is involved in the exploration, production, refining, and distribution of oil and gas. It also manufactures commodity and specialty chemicals and invests in renewable energy.

How much oil and gas does TotalEnergies produce daily?

In 2023, TotalEnergies produced 1.6 million barrels of liquids and 5.0 billion cubic feet of natural gas per day.

What are TotalEnergies’ reserves as of 2022?

By the end of 2022, TotalEnergies had reserves of 10.2 billion barrels of oil equivalent, with 56% being liquids.

How much LNG did TotalEnergies sell in 2023?

TotalEnergies achieved LNG sales of 44.3 metric tons in 2023.

Where are TotalEnergies’ refineries located?

TotalEnergies owns interests in refineries with a capacity of nearly 2.0 million barrels a day, primarily located in Europe.

In how many countries does TotalEnergies distribute refined products?

TotalEnergies distributes refined products in 65 countries.

What is TotalEnergies’ renewable power generation capacity?

As of year-end, TotalEnergies had a gross installed renewable power generation capacity of 22.4 gigawatts.

Does TotalEnergies operate in the chemical industry?

Yes, TotalEnergies manufactures both commodity and specialty chemicals, making it a significant player in the chemical industry.

Where can I find the latest news about TotalEnergies?

You can stay informed with the latest news and updates about TotalEnergies SE on StockTitan, where detailed information about the company’s performance and projects is available.

TotalEnergies SE

NYSE:TTE

TTE Rankings

TTE Stock Data

133.97B
2.26B
0%
6.87%
0.18%
Oil & Gas Integrated
Energy
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