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 (TTE) generates a steady flow of news that reflects its role as a global integrated energy company active in oil and biofuels, natural gas and green gases, low-carbon hydrogen, renewables and electricity. This page aggregates regulatory announcements, project updates, and corporate developments drawn from company news releases and SEC submissions, giving investors and observers a single view of the latest disclosures.
Recent TotalEnergies news highlights upstream exploration and production moves, such as a joint study and application agreement with BluEnergies to explore a deepwater fan play in the Harper Basin offshore Liberia, and agreements in regions like Namibia, Guyana, Nigeria and Malaysia. Other articles cover portfolio management steps, including divestments of non-operated oil interests in Nigeria and changes in gas and renewables holdings, which illustrate how the company adjusts its mix of assets across geographies and energy types.
For followers of the energy transition, TotalEnergies news also features renewable power and electricity activities. Releases describe long-term power purchase agreements to supply certified renewable electricity to data centers in Malaysia and other markets, the development of solar projects, and the build-out of a portfolio that combines renewables with flexible gas-fired and storage assets. Additional coverage includes trading and downstream developments, such as the creation of BxT Trading in partnership with Bapco Energies to trade petroleum products in the Middle East.
Regulatory and capital markets items appear frequently as well, including disclosures of transactions in the company’s own shares, information on voting rights and share capital, and filings related to guaranteed notes and NYSE listing changes. By reviewing this news feed regularly, readers can see how TotalEnergies communicates its strategic moves, operational updates, and financial actions across the full spectrum of its integrated energy business.
TotalEnergies (TTE) has signed a Heads of Agreement (HoA) with BOTAŞ to supply 1.1 million tons of LNG per year for 10 years, starting from 2027. This long-term agreement strengthens TotalEnergies' presence in the Turkish LNG market and helps secure long-term sales while reducing exposure to spot market gas price fluctuations. As the world's third-largest LNG player, TotalEnergies aims to increase natural gas in its sales mix to nearly 50% by 2030, focusing on reducing carbon emissions and eliminating methane emissions in the gas value chain.
TotalEnergies SE (TTE) has disclosed its share repurchase transactions from September 9 to September 13, 2024. The company bought back a total of 2,642,211 shares at an average price of €60.555301 per share, for a total amount of €159,999,881.29. The purchases were made across various markets including XPAR, CEUX, TQEX, and AQEU. The largest daily volume was on September 9, with 528,311 shares purchased. The highest daily weighted average purchase price was €61.055314 on September 13. These transactions were conducted in accordance with authorizations from the shareholders' general meeting on May 24, 2024, and applicable share repurchase laws.
TotalEnergies has joined the Japan Hydrogen Fund as the sole non-Japanese investor at its first close. The fund, initially endowed with over $400 million, aims to develop the low-carbon hydrogen value chain. Major Japanese companies, including Toyota Motor and Iwatani , are among the investors. Managed by Advantage Partners, the fund is launched by the Japan Hydrogen Association (JH2A), representing over 440 members.
This initiative aligns with TotalEnergies' ambition to be a global player in the energy transition and follows its launch of the Hy24 clean hydrogen infrastructure fund in 2021. The company sees this as an opportunity to leverage the dynamism of the hydrogen ecosystem in Japanese industry and contribute to the collective effort in developing industrial-scale low-carbon hydrogen solutions.
TotalEnergies SE (TTE) has disclosed its share repurchase transactions from September 2 to September 6, 2024. The company bought back a total of 2,440,009 shares at an average price of €60.90 per share, for a total amount of €148,601,144.80. The purchases were made across four different trading venues: XPAR, CEUX, TQEX, and AQEU.
The daily volume of shares purchased ranged from 173,888 to 303,046, with daily weighted average purchase prices varying between €60.15 and €62.41 per share. These transactions were conducted in accordance with the authorizations given by shareholders at the general meeting on May 24, 2024, and comply with applicable laws on share repurchases.
TotalEnergies and Adani Green Energy (AGEL) have agreed to create a new 50-50 joint venture with a 1,150 MWac (1,575 MWp) solar portfolio in Khavda, Gujarat. The electricity will be sold through PPAs with SECI and on the wholesale market. TotalEnergies will invest $444 million to support the development. This transaction strengthens TotalEnergies' alliance with AGEL, supporting its goal of 50 GW renewable capacity by 2030. The deal is subject to AGEL shareholder approval and regulatory clearances.
AGEL is developing the world's largest renewable energy site in Khavda, spanning 538 km² with a planned capacity of 30 GW. Once completed, it will power the equivalent of 16 million Indian homes.
TotalEnergies SE (TTE) has disclosed its share repurchase transactions from August 26 to August 30, 2024, in accordance with shareholder authorization and applicable laws. The company bought back a total of 2,552,248 shares at an average price of €62.689754 per share, totaling €159,999,799.93. The purchases were executed across multiple trading venues, including XPAR, CEUX, TQEX, and AQEU.
The daily transaction volumes ranged from 509,721 to 511,791 shares, with the highest daily weighted average purchase price of €63.002215 on August 27 and the lowest of €62.423214 on August 29. These share repurchases are part of TotalEnergies' ongoing strategy to manage its capital and return value to shareholders.
TotalEnergies has signed a $100 million agreement with Anew Climate and Aurora Sustainable Lands to protect productive forests and enhance carbon storage across the U.S. The investment supports Improved Forest Management (IFM) practices covering 300,000 hectares in 10 states. The project aims to preserve natural carbon sinks, improve water and soil quality, and protect biodiversity. TotalEnergies will acquire and retire the generated carbon credits beyond 2030 to offset part of its remaining Scope 1 & 2 emissions. The company aligns with the U.S. government's Voluntary Carbon Markets Principles, focusing on integrity, transparency, and environmental protection.
TotalEnergies has announced the launch of a pioneering floating offshore wind pilot project in the UK North Sea. The project aims to supply renewable electricity to the Culzean offshore oil & gas platform, marking an innovative approach to decarbonization. Key details include:
- A 3 MW floating wind turbine will be installed 2 km west of the Culzean platform, 220 km off Scotland's eastern coast.
- Expected to be fully operational by end 2025, supplying around 20% of Culzean's power requirement.
- The turbine will be mounted on a modular, light semi-submersible floater hull designed by Ocergy for fast assembly and cost optimization.
- The project was selected in Crown Estate Scotland's Innovation and Targeted Oil & Gas (INTOG) leasing round.
TotalEnergies SE (TTE) has disclosed its share repurchase transactions from August 19 to August 23, 2024, in accordance with shareholder authorizations and applicable laws. The company bought back a total of 2,425,659 shares at an average price of €62.176360 per share, totaling €150,818,646.39. The transactions were executed across multiple trading venues, including XPAR, CEUX, TQEX, and AQEU.
The daily volume of shares purchased ranged from 272,732 to 323,640, with daily weighted average purchase prices varying between €61.683828 and €62.825835 per share. The largest single-day transaction amount was €20,098,381.88 on August 23, 2024. Detailed breakdowns of individual trades are available on the TotalEnergies website, as required by the Market Abuse Regulation.
TotalEnergies (TTE) has announced key appointments to its Executive Committee, effective September 1st, 2024. Bernard Pinatel, currently President Refining & Chemicals, will become President Downstream and President Marketing & Services. Vincent Stoquart, currently senior vice president Renewables, will be appointed President Refining & Chemicals.
The Executive Committee will comprise nine members, including Patrick Pouyanné as Chairman and CEO. Other members include Aurélien Hamelle (Strategy & Sustainability), Helle Kristoffersen (Asia), Stéphane Michel (Gas, Renewables and Power), Jean-Pierre Sbraire (CFO), Namita Shah (OneTech), and Nicolas Terraz (Exploration & Production).
Pinatel, a graduate of École Polytechnique and INSEAD, has extensive experience in the industry. Stoquart, a Mechanical Engineer, has been with TotalEnergies since 1998, holding various leadership positions.