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TotalEnergies SE (TTE) is a global energy leader driving innovation across oil, natural gas, renewables, and chemicals. This dedicated news hub provides investors and industry professionals with timely updates on corporate developments shaping the energy transition.
Access official press releases and curated analysis covering quarterly earnings, strategic partnerships, exploration projects, and sustainability initiatives. Our repository simplifies tracking of operational milestones across TTE's integrated value chain – from upstream production to low-carbon energy solutions.
Key updates include regulatory filings, joint venture announcements, and technological advancements in LNG and solar energy. Stay informed about market-moving developments through verified sources, including executive statements, investment plans, and energy transition roadmaps.
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On the occasion of a state visit by Sheikh Mohamed bin Zayed Al Nahyan of the UAE, TotalEnergies (TTE) and Abu Dhabi National Oil Company (ADNOC) signed a strategic partnership agreement. The agreement focuses on developing oil and gas projects in the UAE, supplying diesel to France, and exploring a commercial carbon capture project. TotalEnergies has a significant presence in the UAE, producing 280,000 barrels of oil equivalent per day and holding various stakes in ADNOC's oil concessions. This partnership aims to enhance energy supply security and sustainability.
In the second quarter of 2022, TotalEnergies (TTE) reported an average Brent price of $113.9 per barrel, up from $102.2 in the previous quarter. Average liquids prices rose to $102.9 per barrel, with average gas price at $11.01 per Mbtu. Upstream production is projected to decrease by 0.1 Mboe/d due to maintenance and disruptions in Nigeria and Libya. Refining results are expected to be exceptional due to high distillate and gasoline cracks. Despite strong performance in gas and LNG trading, it may not replicate first-quarter highs.
TotalEnergies SE (Euronext: TTE) announced share repurchases from June 20 to June 27, 2022, with a total of 5,371,822 shares acquired at an average price of €49.49, totaling €265,864,385.36. The transactions were conducted under the authorization from the shareholders’ general meeting held on May 25, 2022. The report includes detailed daily purchase volumes and prices per transaction. For more information, a full breakdown of trades is available on the TotalEnergies website.
TotalEnergies SE (TTE) announces share repurchases from June 13 to June 17, 2022, totaling 4,700,530 shares at an average price of €52.9669. The total transaction value amounted to €248,972,448.57. This move follows the authorization from the shareholders' meeting on May 25, 2022, aimed at enhancing shareholder value and managing the capital structure. The detailed transaction breakdown can be found on TotalEnergies' website.
TotalEnergies (TTE) has acquired a 49% stake in Compagnie des Bois du Gabon (CBG), enhancing its commitment to sustainable forestry management. This partnership aims to balance sustainable wood harvesting with biodiversity conservation and carbon storage. CBG manages 600,000 hectares of FSC-certified forest in Gabon. The collaboration aligns with Gabon's 'Green Gabon' vision and seeks to generate significant carbon credits, with TotalEnergies planning to invest $100 million annually to achieve a target of 5 million metric tons of CO2e credits by 2030.
TotalEnergies (TTE) has acquired a 25% stake in Adani New Industries Limited (ANIL) to establish a platform for green hydrogen production in India. The venture aims to produce 1 million metric tons of green hydrogen annually by 2030, supported by 30 GW of renewable power capacity. ANIL will also focus on manufacturing equipment and producing derivatives like fertilizers and methanol. The partnership combines Adani's market knowledge with TotalEnergies' expertise in renewable technologies, aiming to make green hydrogen cost-effective and support India's energy transition.
TotalEnergies SE (TTE) announced share repurchases conducted from June 6 to June 10, 2022, as authorized by shareholders on May 25, 2022. A total of 4,068,817 shares were bought back at an average price of €55.758, totaling €226,869,278.18. The transactions were executed across various markets including XPAR and CEUX. For detailed transaction breakdowns, investors can visit TotalEnergies' website. This action reflects the company's commitment to enhancing shareholder value through active capital management.
TotalEnergies (TTE) has secured a 25% stake in a joint venture for the North Field East liquified natural gas project, alongside QatarEnergy, which holds the remaining 75%. This venture, designed to boost Qatar's LNG export capacity from 77 to 110 million tons per annum by 2027, will feature four 8 million tons per annum trains. The project emphasizes environmental sustainability, implementing carbon capture techniques and utilizing renewable energy sources, supporting a low-carbon strategy.
