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) expressed regret over NGOs' refusal to join the proposed mediation regarding legal proceedings in France related to its Tilenga and EACOP projects in Uganda and Tanzania. The court has scheduled pleadings for December 7, 2022. The NGOs claim TTE did not sufficiently manage social and environmental impacts, citing France's 'duty of vigilance' law. TTE plans to demonstrate that its vigilance plan is effectively implemented, including compensation measures where 92% of agreements for Tilenga and 74% for EACOP have been signed. Biodiversity actions have also been initiated.
On October 3, 2022, TotalEnergies (Paris:TTE) and Holcim signed a Memorandum of Understanding to jointly decarbonize Holcim's cement production facility in Obourg, Belgium. This partnership will assess technologies for capturing and utilizing approximately 1.3 million metric tons of CO2 emissions annually. Key initiatives include an innovative air-oxyfuel kiln and green hydrogen production for e-fuels. Both companies aim to set new standards in sustainable industry practices and contribute to Europe's decarbonization efforts.
TotalEnergies (Euronext: TTE) has announced a special interim dividend of 1 €/share, payable in December 2022, alongside a $7 billion share buyback program. The Board highlighted a favorable outlook due to its multi-energy strategy and a breakeven point below $25/b, projecting a $4 billion cash flow increase over the next five years. The company plans to allocate 35-40% of cash flow to shareholders while investing $14-18 billion annually in carbon-free energy and reducing emissions.
TotalEnergies (Paris:TTE) has released its TotalEnergies Energy Outlook 2022, emphasizing its commitment to the energy transition and climate goals by 2050. The report examines two primary scenarios: Momentum and Rupture, assessing the trajectory of global energy demand amidst current market disruptions and the impact of Net Zero commitments from various countries. The document highlights the need for increased investments in low carbon technologies and efficiency measures to meet climate objectives, alongside ensuring energy security.
TotalEnergies (TTE) has partnered with SARIA to enhance the production of sustainable aviation fuel (SAF) at the Grandpuits site. The agreement enables the production capacity to reach 210,000 tons annually, exceeding initial projections by 25%. TotalEnergies will hold a 50% stake in the production of animal fat esters while SARIA will supply used cooking oils. This initiative aligns with TotalEnergies' climate ambition to achieve net-zero emissions by 2050, reinforcing its commitment to sustainable energy solutions.
TotalEnergies has been selected as the first international partner for Qatar's 16 Mtpa North Field South (NFS) liquefied natural gas (LNG) project, securing a 9.375% interest. Combined with its 6.25% stake in the North Field East (NFE) project, TotalEnergies will add 3.5 Mtpa of LNG production by 2028. Collectively, the NFE and NFS projects will boost Qatar’s LNG export capacity to 126 Mtpa. The projects aim for low GHG emissions and align with TotalEnergies' goal to increase natural gas's share to 50% by 2030, bolstering its position as a major player in the global LNG market.
TotalEnergies SE has reported share buybacks from
TotalEnergies (TTE) has made a final investment decision for the Fenix gas project off the coast of Tierra del Fuego, Argentina, with an estimated investment of
TotalEnergies (TTE) has entered into an Exploration and Production Sharing Agreement (EPSA) with Oman's Ministry of Energy and Minerals for onshore Block 11. The EPSA aims to enhance domestic gas supply through seismic acquisition and exploration activities, with a well expected to begin drilling in 2023. TotalEnergies holds a 22.5% interest, while Shell is the operator with 67.5%. This move is part of TotalEnergies' strategy to become a multi-energy company and solidifies its partnership with Oman, following its previous gas concession in Block 10.
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