COMMENTARY: Time for the US, OPEC, Europe China, Asia and Russia to Negotiate

CARACAS, VENEZUELA (Carlos A. Rossi, Energy Analytics Institute, 5.Mar.2025) — A crucial point behind Europe’s motivation to support Ukraine’s president Volodymyr Zelenski is simply to not be left behind and ignored in any oil derivative deal certain to come out of any peace negotiation between the US and Russia. Europe understands […]

Viridien and Matnex to Accelerate AI-powered Materials Discovery

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 20.Feb.2025) — Viridien and Materials Nexus Ltd. (trading as Matnex) will partner to scale Matnex’ computational capacity for the discovery and production of groundbreaking materials. The Viridien and Matnex partnership reflects a shared goal to accelerate innovation and reduce the environmental impact of […]

CERAWeek by S&P Global: Houston, 10-14 Mar. 2025

HOUSTON, TEXAS (S&P Global, 10.Feb.2025) — The 43rd annual gathering of CERAWeek by S&P Global—the world’s preeminent energy conference—will convene energy industry leaders, experts, government officials and policymakers, as well as leaders from the technology, financial and industrial communities, 10-14 Mar. 2025 in Houston. CERAWeek 2025: Moving Ahead: Energy strategies for […]

TotalEnergies Proposes €3.22/share Dividend Fiscal Year 2024

HOUSTON, TEXAS (Energy Analytics Institute, 5.Feb.2025) — The Board of Directors of TotalEnergies decided to propose at the shareholders’ meeting on 23 May 2025, the distribution of a dividend of €3.22/share for fiscal year 2024.  This is up 7% compared to the dividend for fiscal year 2023 of €3.01/share and […]

TotalEnergies to Supply 1.5 TWh to STMicroelectronics Over 15 years

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 28.Jan.2025) — TotalEnergies and STMicroelectronics, a semiconductor serving customers across the spectrum of electronics applications, inked a physical Power Purchase Agreement (PPA) to supply renewable electricity to STMicroelectronics sites in France.  In the case of a “physical” PPA, the renewable electricity and the […]

IMF Expects World Output to Rise 3.3% in Both 2025 and 2026 [PDF Download]

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Jan.2025) — The International Monetary Fund (IMF) projects global growth at 3.3% both in 2025 and 2026, below the historical (2000–2019) average of 3.7%. Within Latin America and the Caribbean, Brazil is projected to grow 2.2% in both 2025 and 2026, while Mexico, the […]

EAI 4Q24 NRG Prospector [Complimentary PDF Download]

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 1.Jan.2025) — Download the 4Q:24 NRG Prospector eMagazine with updates, analysis, features, briefs and “heard on the street” from Argentina, Brazil, Bolivia, Canada, Chile, Colombia, Ecuador, Guyana, Mexico, Suriname, Trinidad and Tobago, the US and Venezuela, as well as Asia, Europe and Africa […]

TotalEnergies Accelerates Decarbonization at La Mède

(TotalEneriges, 25.Nov.2024) — In line with its 2030 ambition to decarbonize the hydrogen used in its European refineries, TotalEnergies has joined forces with Air Liquide to produce renewable hydrogen at La Mède in southeast France. This new project complements the Masshylia project to produce green hydrogen by electrolysis led by […]

TotalEnergies Energy Outlook 2024 (PDF Download)

(TotalEnergies, 4.Nov.2024) — To contribute to the public debate on the energy transition, TotalEnergies is publishing the 6th edition of its “TotalEnergies Energy Outlook”, which presents three scenarios for the possible evolution of the demand and the global energy system up to 2050 (documents available at this link). TotalEnergies Energy […]

TotalEnergies to Supply 2 mtpa of LNG to Sinopec for 15 Years

(Energy Analytics Institute, 4.Nov.2024) — TotalEnergies signed a sales agreement (HoA) with Sinopec for the delivery of 2 million tonnes per annum (mtpa) of LNG for 15 years, starting in 2028. With the agreement, TotalEnergies strengthens its long-term position in the LNG market in China, the largest market in the […]

Bureau Veritas Reports Strong 3Q:24 Organic Revenue Growth

(Bureau Veritas, 23.Oct.2024) — France-based Bureau Veritas provided an update of its third-quarter 2024 financial and operations details. Hinda Gharbi, Chief Executive Officer, commented: “We continued the execution of our LEAP |28 strategy in the third quarter, and we are actively managing our portfolio. We have completed three acquisitions, representing […]

TotalEnergies Expands Global LNG Bunkering Footprint

(TotalEnergies, 10.Oct.2024) — TotalEnergies signed a charter contract with Spanish shipowner Ibaizabal for a new Liquefied Natural Gas (LNG) bunker vessel of 18,600m3 capacity. This new vessel will expand the Company’s global presence in bunkering hubs. In particular, this additional vessel might be deployed in Oman, where the company is developing […]

TotalEnergies Inks Renewable Supply Deal with Saint-Gobain

(TotalEnergies, 8.Oct.2024) — TotalEnergies has signed with Saint-Gobain a Power Purchase Agreement (PPA), under which TotalEnergies will supply renewable electricity to Saint-Gobain’s French facilities. It will take effect from Jan. 2026 for a total volume of 875 GWh over a period of five years. TotalEnergies will provide Saint-Gobain with a baseload supply of electricity and guarantees of origin for […]

Air France-KLM Ramps up SAF Offtake with TotalEnergies

(TotalEnergies, 23.Sep.2024) — TotalEnergies and Air France-KLM have signed an agreement for TotalEnergies to supply up to 1.5 million tons of more sustainable aviation fuel (SAF) to Air France-KLM Group airlines over a 10-year period, until 2035. This agreement marks one the largest SAF purchase contracts signed by Air France-KLM to […]

SLB Launches Lumi Platform

(SLB, 17.Sep.2024) — SLB launched the Lumi™ data and AI platform, which integrates advanced artificial intelligence (AI) capabilities—including generative AI—with workflows across the energy value chain. The open, secure and modular platform unlocks access to high-quality data across subsurface, surface, planning and operations, increasing cross-domain collaboration and releasing new intelligence […]

TotalEnergies Announces Second Interim Dividend of €0.79/Share

(TotalEnergies, 25.Jul.2024) — The Board of Directors meeting on 24 July 2024 under the chairmanship of Mr. Patrick Pouyanné, Chairman and Chief Executive Officer, decided the distribution of the second 2024 interim dividend of 0.79 €/share, an increase of 6.8% compared to the three interim dividends paid for fiscal year 2023 […]

TotalEnergies and SSE Join Forces, Create Source

(TotalEnergies, 16.Jul.2024) — TotalEnergies and SSE have signed a binding agreement to create a joint venture to establish a new major player in EV charging infrastructure in the UK and Ireland, under the brand “Source”. The new business will deploy in both countries up to 3000 high power charge points, meeting […]

SLB and TotalEnergies Announce 10-year Partnership

(SLB, 2.Jul.2024) — SLB and TotalEnergies announced a 10-year partnership to co-develop scalable digital solutions for enabling access to energy resources, with improved performance and efficiency. The partnership establishes a flexible framework for the companies to work together on addressing key challenges across the energy value chain, including carbon capture, […]

TotalEnergies Wins Further Maritime Lease in the North Sea

(TotalEnergies, 21.Jun.2024) — TotalEnergies, as shareholder of Offshore Wind One GmbH, has been awarded the maritime concession N-11.2 by the German Federal Network Agency, following auctions held in Germany. Located in the North Sea, around 120 km north-west of the German island of Heligoland, concession N-11.2 (1.5 GW) covers an area […]

Decarbonization of the Dunkirk Basin

(18.Jun.2024) — Air Liquide and Dunkerque LNG welcome the decision of the European Commission to support the D’Artagnan project. This CO2 transportation and exportation infrastructure is part of the “Cap Décarbonation” initiative, which aims to reduce CO2 emissions by 1.5 million tonnes each year in the industrial basin of Dunkirk […]

Equinor and GRTgaz to Develop CO2 Transport Infrastructure in France

(Equinor, 17.Jun.2024) — Equinor and main French gas transmission operator GRTgaz signed a project development agreement (PDA) for a CO2 transport system for captured CO2 from industrial emitters in France to safe and permanent storage offshore Norway via the planned CO2 Highway Europe pipeline project. The development will consist of […]

TotalEnergies: Capital Increase Reserved for Employees of in 2024

(TotalEnergies, 6.Jun.2024) — In accordance with its policy in favour of employee shareholding, the Board of Directors of TotalEnergies SE decided, on 21 Sep. 2023, to carry out a capital increase reserved for eligible employees and former employees of TotalEnergies SE and its French and foreign subsidiaries in which the […]

CGG Changes Name to Viridien

(CGG, 16.May.2024) — At the Annual General Meeting on 15 May 2024, shareholders approved the resolution to change the company’s corporate name from CGG to Viridien.  Sophie Zurquiyah, CEO, Viridien, said: “Our new name, Viridien, connects our company’s history to our future, confidently positioning us for accelerated growth as an […]

CGG Launches AI Cloud Solution Powered by NVIDIA

(CGG, 9.May.2024) — CGG announced the launch of its AI Cloud solution, designed to meet the needs of data-intensive industries, including life sciences, digital media, manufacturing and geoscience, that seek to optimize and accelerate their demanding and resource-heavy AI workloads.  CGG’s new AI Cloud solution combines the latest high-performance architecture, […]

Deals Show Enduring Appeal of US Gas

(Rystad Energy, 19.Apr.2024) — European companies have been cautiously adding to their upstream positions. More deals could follow. Ed Crooks examines the forces shaping the energy industry globally The great investor Warren Buffett says one of his rules is “never bet against America”. There are many who share that view, […]

S&P Upgrades CGG’s Long Term Debt

(CGG, 8.Apr.2024) — CGG announced that S&P Global Ratings has upgraded the company’s issuer credit rating to ‘B’ from ‘CCC+’. S&P noted “a markedly stronger 2024–2025 financial performance” as a reason for the upgrade. “We believe that S&P’s rating upgrade aligns with our recently communicated financial roadmap”, said CGG CFO […]

CERAWeek 2024 Boasts Delegate Attendance of 8,100+ 

(Energy Analytics Institute, 22.Mar.2024) — The CERAWeek by S&P Global, held 18-22 Mar. 2024 in Houston, Texas, boasted in attendance 8,100+ delegates (9,400+ when counting staff, vendors etc), a record compared to the prior record of 7,200+ delegates at CERAWeek 2023. CERAWeek counted on 1,400 speakers and tons of S&P […]

CGG Reveals Year-End 2023 Results

(CGG, 6.Mar.2024) — CGG announced its fourth quarter of 2023 and full year 2023 audited results.  “In 2023, CGG significantly strengthened its financal performance, I am pleased to see that we returned to positive organic cash flow generation, while continuing to invest in our new businesses,” CGG CEO Sophie Zurquiyah said. […]

EAI’s NRGBriefs: Feb. 2024

(Energy Analytics Institute, 29.Feb.2024) — Energy briefs as well as others related to finance and projects during Feb. 2024 including Exxon Mobil and CNOOC considering their pre-emption rights to Hess Corp.’s stake in the offshore Stabroek Block; increases in electricity for the majority of the Edenor and Edesur users are […]

France High-Level Business Council 2nd Plenary Meeting

(TotalEnergies, 19.Feb.2024) — H.E. Dr. Sultan Ahmed Al Jaber, the UAE Minister of Industry and Advanced Technology and MD & CEO of ADNOC, and Mr. Patrick Pouyanné, Chairman and CEO of TotalEnergies chaired, this Monday in Paris, the second plenary meeting of the UAE – France High-Level Business Council, in […]

TotalEnergies on Capital Increase Reserved for Employees in 2024

(TotalEnergies, 16.Feb.2024) — In accordance with its policy in favor of employee shareholding, TotalEnergies SE is implementing its annual capital increase reserved for employees and former employees of the company. Through this operation, TotalEnergies intends to continue involving its employees in the company’s growth. Employee shareholders, within the meaning of […]

TotalEnergies on Indicative Dates for 2024, 2025 Dividends

TotalEnergies, 7.Feb.2024) — The Board of Directors of TotalEnergies SE met on 6 Feb. 2024, and recalled, subject to decisions by the board and the shareholders’ meeting which will approve the 2024 financial statements, allocation of earnings and final dividend, the ex-dividend dates for 2024 and decided the payment dates […]

CGG to Support Critical Mineral Exploration in Mongolia

(CGG, 18.Jan.2024) — CGG has been selected by the French government as a technical partner to support the LiMongolia project, a joint initiative by the National Geological Survey of Mongolia (NGS) and the French geological survey, BRGM, to evaluate the regional prospectivity of Mongolia for critical minerals, particularly uranium and […]

CGG and C-Questra Ink CCUS Cooperation Deal

(CGG, 9.Jan.2024) — CGG, a global technology and HPC leader, and C-Questra, an independent European operator specializing in the CO2 storage value chain, have signed a commercial cooperation agreement in carbon capture, utilization, and sequestration (CCUS). CGG has more than 15 years of experience supporting a number of high-profile CCUS […]

TotalEnergies Buys Numerous Start-ups in the Electricity Business

(TotalEnergies, 12.Dec.2023) — To contribute to the acceleration of its development in the electricity business, TotalEnergies acquires three start-ups that have benefited from its TotalEnergies On acceleration program based at STATION F in Paris. The success of the collaborations and tests carried out during their participation in the program has […]

Dujiangyan: Changes and Constants in 2279

(The Sichuan Dujiangyan Water Conservancy Development Center, 7.Dec.2023) — As 2023 comes to a close, international students from countries such as France, Canada, Colombia are gearing up to visit Dujiangyan to experience its hydraulic culture. Now 2279 years old, known as the “originator of world hydraulic culture,” Dujiangyan reveals its changes and constants to visitors […]

TotalEnergies Launches In-Depot Charging for Electric Trucks

(TotalEnergies, 21.Nov.2023) — TotalEnergies announced the launch of an in-depot electric truck charging service today at the SOLUTRANS road and urban transportation trade show. With this new solution, TotalEnergies will install and supervise customized charging infrastructure adapted to transporters’ needs to support their transition to electric mobility. Customized Service Adapted […]

CGG Sells its Stake in ARGAS to TAQA

(CGG, 21.Nov.2023) — CGG has entered into a definitive agreement with Industrialization and Energy Services Company (TAQA) to sell its entire 49% stake in Arabian Geophysical and Surveying Company (ARGAS). The transaction is expected to close this year, subject to satisfying relevant conditions. Sophie Zurquiyah, CEO CGG, said “The sale […]

TotalEnergies Commits to Employee’s Energy Transition

(TotalEnergies, 9.Nov.2023) — As part of its transition strategy, TotalEnergies is committed to support its 35,000 employees in France in their own ecological transition effort to make their energy consumption or their mobility in their daily lives more sustainable. To this end, TotalEnergies and the company’s trade union representatives in […]

TotalEnergies on Interim Dividend of €0.74/share for Fiscal Year 2023

(TotalEnergies, 26.Oct.2023) — The TotalEnergies‘ Board of Directors meeting on 25 October 2023 under the chairmanship of Mr. Patrick Pouyanné, Chairman and Chief Executive Officer, decided the distribution of the third 2023 interim dividend of 0.74 €/share, an increase of 7.25% compared to the three interim dividends paid for fiscal […]

TotalEnergies Pursues Its Integrated Power Strategy in Germany

(TotalEnergies, 26.Oct.2023) — TotalEnergies has signed agreements with the Aloys Wobben Foundation (AWS) to acquire the entire share capital of the German company Quadra Energy. Founded in 2012 and boasting a “virtual power plant” totaling 9 GW, Quadra Energy is one of the top 3 aggregators of renewable electricity production […]

CGG Joins Phase 3 of HNET Seismic Monitoring Network

(CGG, 24.Oct.2023) — CGG has joined Phase 3 of the HNET Horda Platform Region Project led by industry partners to monitor background seismicity at the Northern Lights CO2 storage project, the world’s first large-scale open-source infrastructure for receiving and storing CO2 from multiple sources and industries. As a project partner, […]

TotalEnergies Surpasses Milestone of 1,000 High-Power Chargers in France

(TotalEnergies, 6.Oct.2023) — During the inauguration of TotalEnergies’ fifth 100% electric service station in France (Relais Garibaldi in Lyon), Chairman and Chief Executive Officer Patrick Pouyanné announced that the company has now installed and operates more than 1,000 high-power chargers (HPC) for electrical vehicles nationwide. This significant milestone in electric mobility makes TotalEnergies […]

TotalEnergies Inks New Long-term Solar Supply Deal with Saint-Gobain

(TotalEnergies, 3.Oct.2023) — TotalEnergies signed a new 15-year renewable Power Purchase Agreement (PPA) with Saint-Gobain. This is the second long-term solar power supply agreement designed to help decarbonize the power consumption of the building materials company’s 125 industrial sites in North America. By signing this PPA with Saint-Gobain, TotalEnergies is […]

TotalEnergies Acquires Ombrea and Creates a Center of Expertise for Agrivoltaics

(TotalEnergies, 28.Sep.2023) — TotalEnergies has finalized the acquisition of France’s agrivoltaics leader Ombrea. Ombrea was founded in 2016. It has built ten sites and studied around fifty crop varieties, to develop unique expertise and innovative solutions that optimize the synergies between agricultural production and green electricity generation. By integrating Ombrea’s teams […]

TotalEnergies and European Energy to Partner on Renewable Projects

(TotalEnergies, 20.Sep.2023) — TotalEnergies and European Energy have agreed to jointly develop, build and operate in a 65/35 joint-venture at least 4 GW of onshore renewable projects in multiple geographies. The partnership aims to leverage both parties’ strengths: TotalEnergies brings its strong experience in the construction and operation of large-scale […]

TotalEnergies to Invest in New 1,050 MWac Renewable Portfolio JV

(TotalEnergies, 20.Sep.2023) — TotalEnergies and Adani Green Energy Limited (AGEL) have entered into a binding agreement to create a new JV, equally owned by TotalEnergies and AGEL, with a 1,050 MWac (1400 MWp) portfolio. This portfolio will comprise of a mix of already operational (300 MWac), under construction (500 MWac) […]

TotalEnergies to Build Plastic Recycling Unit

(TotalEnergies, 20.Sep.2023) — TotalEnergies announced the building of a new mechanical recycling unit for plastic waste at its Grandpuits site southeast of Paris. This new investment follows those announced in June 2023 — the doubling of sustainable aviation fuel (SAF) production and construction of a biomethane production unit — in […]

TotalEnergies Named Most-admired Explorer in WoodMac Survey

(WoodMac, 27.Jun.2023) — French major TotalEnergies has been named the upstream industry’s most-admired explorer and received the Discovery of the Year award in Wood Mackenzie’s industry-leading annual Exploration Survey. Dr. Andrew Latham, Senior Vice President, Energy Research, at Wood Mackenzie, said “For the third time in our industry-leading survey, TotalEnergies […]

Technip and LanzaTech Join Forces on CO2-to-Ethylene

(Technip Energies, 11.Jul.2023) — Technip Energies and LanzaTech Global, Inc. signed a joint collaboration agreement to create a new pathway to sustainable ethylene utilizing their combined technologies. Together LanzaTech’s carbon capture and utilization technology with Technip Energies’ Hummingbird® technology transform waste carbon into ethylene, the most common building block in petrochemicals. Ethylene is a building block […]

TotalEnergies to Supply Biomethane to Saint-Gobain

(TotalEnergies, 20.Jun.2023) — TotalEnergies has signed a 100 GWh biomethane purchase agreement with Saint-Gobain France for a three-year period starting in 2024. The biomethane will be produced by TotalEnergies at its BioBéarn biomethane plant, which came on stream at the beginning of the year and whose production is certified sustainable by […]

TotalEnergies Inks 25-year PPA for a 1 GW Wind Project in Kazakhstan

(TotalEnergies, 9.Jun.2023) — TotalEnergies confirms its commitment to the energy transition in Kazakhstan with the signature of a Power Purchase Agreement (PPA) for the Mirny project. This will be the first PPA signed in the country for a wind project of such scale. Located in the Zhambyl region, the project aims to […]

Sercel Delivers Additional 508 XT System in North Africa

(CCG, 7.Jun.2023) — CGG announced that Sercel has confirmed a major sale and the imminent delivery of a 60,000-channel 508 XT land acquisition system and 25 VE464 advanced digital vibrator control sets to a major North African geophysical services provider. The equipment will be deployed on a 3D mega-crew project […]

TotalEnergies Steps up Sustainable Aviation Fuel Production at Grandpuits

(TotalEnergies, 7.Jun.2023) — Ahead of the Paris Air Show held in Le Bourget, TotalEnergies is stepping up production of sustainable aviation fuel (SAF) and low carbon energies of its Grandpuits site. These investments reflect the Company’s ambition to develop low carbon energies and the circular economy, and consist of: The doubling […]

CGG Awarded OMV Contract for Multi-Year Dedicated

(CGG, 23.May.2023) — CGG has been awarded a new contract by OMV to continue operating a dedicated center at its head office in Vienna for an initial three-year period. During this time, OMV will continue to benefit from in-house access to CGG’s advanced seismic imaging and reservoir characterization technology, as […]

Technip Energies Awarded LNG Deal for the North Field South Project

(Technip Energies, 16.May.2023) — Technip Energies (Paris:TE) (ISIN:NL0014559478) announced that a joint venture (T.ENCCC JV), led by Technip Energies (T.EN) in partnership with Consolidated Contractors Company (CCC), has won a major (1) Engineering, Procurement, Construction and Commissioning (EPCC) contract by QatarEnergy for the onshore facilities of the North Field South Project (NFS). This award will cover the […]