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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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Masdar (TTE) successfully conducted the first test flight to demonstrate the potential for converting Methanol to Sustainable Aviation Fuel (SAF) in Dubai. The flight, supported by TotalEnergies, Airbus, and other partners, aims to certify a new pathway for SAF production from methanol, potentially leading to eSAF derived from renewable electricity. SAF is a crucial solution for reducing CO2 emissions in air transportation, with biojet fuel producing 80% fewer CO2 emissions over its lifecycle when produced from waste and residue.
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TotalEnergies (TTE) announces cooperation agreements with Petrobras, SOCAR, and Sonangol to carry out methane detection and measurement campaigns using AUSEA technology in Brazil, Azerbaijan, and Angola. The company aims to reduce methane emissions and achieve zero methane emissions by 2030. TotalEnergies has set ambitious targets to reduce methane emissions by 50% by 2025 and 80% by 2030 compared to 2020. The company has developed AUSEA technology in partnership with R&D partners to detect and quantify GHG emissions. The signing of cooperation agreements with National Oil & Gas Companies demonstrates a commitment to mobilize the oil and gas industry toward zero methane emissions.
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TotalEnergies SE (TTE) declares the purchases of its own shares from November 27 to December 1, 2023. A total of 3,302,166 shares were bought at a daily weighted average purchase price of 62.686072 EUR/share, amounting to 206,999,815.42 EUR.
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TotalEnergies (TTE) signs Agreement on Investment for Mirny project in Kazakhstan, the largest wind energy project in the country, aiming to supply low-carbon electricity to over 1 million people and reduce CO2 emissions by 3.5 million tons annually.
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TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announced a $25 million donation to the Global Flaring and Methane Reduction (GFMR) trust fund over 2024-2030. The GFMR aims to reduce methane emissions along the oil and gas value chain. TotalEnergies also pledged to cut methane emissions by 80% by 2030 and is a signatory of the Oil and Gas Decarbonization Charter.
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TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has announced the divestment of its 36.36% stake in National Petroleum Refiners of South Africa (Natref) to the Prax Group. The transaction is part of the company's strategy to focus on its integrated fuels & petrochemicals platforms and divest non-core assets. Natref refinery, located in Sasolburg, South Africa, has a capacity of 108,500 barrels of oil per day and supplies the main South African inland market. TotalEnergies remains committed to its operations in South Africa, where it has been present for nearly seventy years, producing and marketing a wide range of energies.
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TotalEnergies (TTE) invests £20 million in Xlinks First Limited, a UK company, to develop a renewable project in Morocco. The project aims to supply green electricity to the UK through subsea cables and battery energy storage, powering over 7 million British homes. TotalEnergies' investment aligns with its goal to reach net zero by 2050 and expand its renewable electricity generation to more than 100 TWh by 2030.
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TotalEnergies SE (TTE) announces share repurchase transactions totaling 3,856,072 shares from November 20 to November 24, 2023, amounting to EUR 241,999,861.08. The company's weighted average purchase price per share was EUR 62.758128. For detailed individual trade breakdown, visit TotalEnergies website.
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TotalEnergies (TTE) announced the launch of an in-depot electric truck charging service at the SOLUTRANS trade show. The service includes customized charging infrastructure for transporters, ultra-fast charge points, and an end-to-end approach to support the transition to electric mobility. TotalEnergies will also install charge points along Europe's road corridors starting in 2024.
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TotalEnergies (TTE) Completes Sale of TotalEnergies EP Canada Ltd. to Suncor
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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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United States of America
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