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) 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.
Bookmark this page for streamlined monitoring of TTE's evolving position in traditional and renewable energy markets. Check regularly for essential updates impacting long-term energy sector analysis and investment considerations.
TotalEnergies SE (TTE) has announced a share repurchase program, authorized by shareholders on May 25, 2022. Between January 9 and January 13, 2023, the company purchased 2,739,109 shares at an average price of €59.06 per share, totaling €161,775,711.51. The transaction details are transparent, with a report available on their website, maintaining compliance with EU regulations. This initiative reflects TotalEnergies' commitment to enhancing shareholder value, contributing to its strategy of sustainable development while reinforcing its market presence as a leading energy company.
TotalEnergies has announced the final investment decision for the Lapa South-West oil development in Brazil's Santos Basin. The company holds a 45% stake in the project, partnered with Shell (30%) and Repsol Sinopec (25%). The development will employ three wells, increasing overall production from the Lapa field to 60,000 barrels per day starting in 2025. This $1 billion investment highlights TotalEnergies' strategy of enhancing production efficiency in key areas while focusing on low emissions. The company has been operating in Brazil for over 40 years, significantly contributing to its energy portfolio.
TotalEnergies (TTE) has inaugurated the Deutsche Ostsee LNG import terminal in Germany, addressing the ongoing gas supply crisis in Europe. The terminal is operated by Deutsche Regas and features a floating storage and regasification unit (FSRU) delivered by TotalEnergies, with a capacity of 5 billion cubic meters per year. TotalEnergies is set to increase its LNG imports to over 20 Mt/y, contributing significantly to Germany's gas supply. The company aims to raise the share of natural gas in its portfolio to 50% by 2030, amidst challenges from reduced Russian gas flows.
TotalEnergies has launched BioBéarn, the largest biogas production unit in France, located in Mourenx. With a capacity of 160 GWh, it will produce 69 GWh in 2023 and aims to meet the rising demand for biogas. The project will convert 220,000 metric tons of organic waste, yielding 200,000 metric tons of digestate annually, and aims to reduce CO2 emissions by 32,000 tons per year. This initiative enhances TotalEnergies' renewable energy commitment, targeting 20 TWh production capacity by 2030.
TotalEnergies SE has announced its share repurchase activity from January 2 to January 6, 2023, in accordance with the shareholders' resolution on May 25, 2022. During this period, the company bought back a total of 4,098,990 shares at a weighted average price of €58.79, accumulating a total expenditure of approximately €241 million. The transactions occurred across various markets including XPAR, CEUX, TQEX, and AQEU. Full transaction details can be found on the company's website.
TotalEnergies SE (TTE) announced share repurchases conducted from December 19 to December 23, 2022, totaling 5,200,200 shares. The transactions occurred at a daily weighted average purchase price of €58.23, amounting to approximately €302.79 million. Notable transactions included 541,693 shares at €57.01 on December 19 and 709,702 shares at €58.50 on December 21. These actions are part of the company's strategy following a shareholders' meeting held on May 25, 2022. For a detailed list of transactions, investors can visit the TotalEnergies website.
TotalEnergies (Euronext: TTE) and Eni have made a significant gas discovery at the Zeus-1 well in Block 6, offshore Cyprus. This latest find follows previous discoveries in 2018 and August 2022, reinforcing the area's potential. The Zeus-1 well encountered 105 meters of net gas pay, enhancing prospects for fast-track development. TotalEnergies holds a 50% interest in Block 6, alongside Eni. This discovery is expected to bolster the company's resource base and support sustainable energy goals.
TotalEnergies (TTE) has successfully acquired the Agua Marinha block in Brazil's Campos Basin, expanding its exploration footprint. This block spans 1,300 km2 and is located approximately 140 km offshore. TotalEnergies holds a 30% participating interest alongside Petrobras, QatarEnergy, and Petronas Petróleo Brasil Ltda. This acquisition aligns with TotalEnergies’ strategy to focus on high-potential, low-carbon resource exploration. The company has been active in Brazil for over 40 years, aiming to boost its oil production significantly beyond 100,000 barrels of oil equivalent per day.
The Saudi Arabian Oil Company (Aramco) and TotalEnergies (TTE) have finalized the investment decision for a new petrochemical facility in Saudi Arabia's Jubail. The Amiral complex, with an investment of $11 billion, aims to leverage refinery off-gases and naphtha into higher-value chemicals. Construction is set to start in Q1 2023, expecting completion in 2027. The project will create approximately 7,000 jobs and contribute to building key manufacturing industries in the region.
FAQ
What is the current stock price of Totalenergies Se (TTE)?
What is the market cap of Totalenergies Se (TTE)?
