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 is withdrawing from its Russian assets while maintaining gas supply to Europe. It holds a 19.4% stake in Novatek but is currently unable to sell it due to shareholder agreements and sanctions. TotalEnergies has decided to withdraw its directors from Novatek's board, leading to an impairment loss of approximately $3.7 billion for Q4 2022. Consequently, it will no longer account for its stake in Novatek as significant influence, affecting its proved reserves of about 1.7 billion barrels but maintaining a production life of over 11 years.
TotalEnergies Foundation has allocated €200 million for the period 2023-2027 to support education and inclusion initiatives for vulnerable youth. In the recent call for partners, 26 projects benefiting nearly 55,000 young people were selected from 200 applications. The foundation aims to enhance job and education opportunities while supporting groups like those emerging from child protective services. Senior executives emphasized the importance of partnerships in amplifying social impact through innovative educational programs.
TotalEnergies and Air France-KLM have signed a 10-year Memorandum of Understanding (MoU) for the delivery of over 800,000 tonnes of Sustainable Aviation Fuel (SAF), beginning in 2023. This SAF, produced at TotalEnergies' biorefineries, will reduce CO2 emissions by at least 80% compared to fossil fuels. The partnership reinforces their long-standing collaboration aimed at decarbonizing the aviation sector. TotalEnergies plans to produce 1.5 million tonnes of SAF by 2030, further supporting environmental goals.
TotalEnergies has announced the sale of its affiliate, Total E&P Dunga GmbH, which holds a 60% interest in the Dunga oil field, to Oriental Sunrise Corp Ltd for
TotalEnergies SE has announced its share repurchase program authorized on May 25, 2022. Between November 21 and November 25, 2022, a total of 3,978,541 shares were repurchased at an average price of €57.81, amounting to €229,999,859.14. The purchases were conducted across various markets including XPAR, CEUX, TQEX, and AQEU. This move is part of the company’s strategy to enhance shareholder value through the buyback of shares.
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TotalEnergies responded to Bloom's open letter dated October 17, 2022, regarding its gas exploration project in South Africa. CEO Patrick Pouyanné confirmed the application for a production license filed on September 5. An environmental impact assessment is underway to outline economic, social, and environmental impacts. Notably, TotalEnergies has already reduced the license application's scope by excluding a protected marine area. This project aims to replace coal with gas, reducing CO2 emissions and air pollution in South Africa, and is accompanied by renewable energy initiatives, including solar projects.
TotalEnergies (Paris:TTE) and Air Liquide are collaborating to produce renewable hydrogen at the Grandpuits platform, with Air Liquide investing over €130 million. This new unit, utilizing biogas from TotalEnergies' biorefinery, will produce over 20,000 tons of low-carbon hydrogen annually, capturing over 110,000 tons of CO2. The project aligns with their goal to decarbonize hydrogen usage by 2030, contributing to a total investment over €500 million towards sustainable energy solutions aimed at achieving net zero emissions by 2050.
TotalEnergies (Euronext: TTE) has completed the joint acquisition of 8.16% of the Waha concessions in Libya from Hess, increasing its interest from 16.33% to 20.41%. This acquisition supports Libya's National Oil Corporation in boosting oil production and reducing gas flaring for power generation. The company is also advancing a 500 MWp solar plant project in partnership with Gecol to enhance renewable electricity supply. TotalEnergies has been active in Libya since 1954, with current production at 84,000 boe/d.
TotalEnergies (TTE) has signed a Framework Agreement with ENI and the State of Israel to implement a maritime boundary agreement with Lebanon, established on October 27, 2022. TotalEnergies operates Block 9 in Lebanon with a 60% interest, and exploration of prospects extending into Israeli waters will begin shortly. Preparations include team mobilization and equipment procurement. CEO Patrick Pouyanné highlighted the company's commitment to assessing hydrocarbon resources and production potential in the newly defined area.
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