(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 […]
Tag: TotalEnergies SE
![APA Corp. Reports 3Q:23 Financial, Operational Results [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2019/12/12290461-15078952267179694_apache.png)
APA Corp. Reports 3Q:23 Financial, Operational Results [PDF Download]
(APA Corporation, 1.Nov.2023) — APA Corporation (Nasdaq: APA) announced its financial and operational results for the third quarter of 2023. APA reported net income attributable to common stock of $459mn, or $1.49 per diluted share. When adjusted for items that impact the comparability of results, APA’s third-quarter earnings were $410mn, […]
France’s TotalEnergies Reports 3Q:23 Results [PDF Download]
(TotalEnergies, 26.Oct.2023) — Paris-based TotalEnergies reported its financial and operational details for the third quarter of 2023. ____________________
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 […]
TotalEnergies Commissions its LNG Floating Terminal in the Port of Le Havre
(TotalEnergies, 26.Oct.2023) — TotalEnergies announces the commissioning of the Cape Ann, its floating storage and regasification unit (FSRU) for liquefied natural gas (LNG) located in the port of Le Havre. The terminal injected its first megawatt-hours (MWh) of gas into the grid operated by GRTgaz, using LNG from Norway. TotalEnergies […]
Big Oil: Upstream M&A Gets Serious
(WoodMac, 26.Oct.2023) — ExxonMobil’s and Chevron’s belief in the durability of upstream could hardly be better demonstrated by the game-changing acquisitions of two flagship US Independents. It’s a pivotal moment for the sector and widens the strategic gulf with the Euro Majors. Here are our team’s thoughts. First, what drove […]
TotalEnergies Awarded 25-year Renewable Deal in New York
(TotalEnergies, 25.Oct.2023) — TotalEnergies and its partners, Corio Generation and Rise Light & Power announce that New York State selected their Attentive Energy One project for a 25-year contract to supply 1.4 GW of renewable electricity. Attentive Energy One, a joint venture between TotalEnergies (40%), Rise (35%) and Corio (25%), received the […]
Scotland: TotalEnergies Commissions Its Biggest Offshore Wind Farm
(TotalEnergies, 17.Oct.2023) — TotalEnergies and its partner SSE Renewables announced that their Seagreen offshore wind farm is now fully operational and running at its design capacity of 1,075 MW. Seagreen is a joint venture between TotalEnergies (51%) and SSE Renewables (49%). It is located in the North Sea, some 27 […]
Mozambique LNG TotalEnergies Publishes Response to French Newspaper
(TotalEnergies, 10.Oct.2023) — French daily newspaper Le Monde recently published an article mentioning the Mozambique LNG project. Detailed answers were provided to the questions of the journalist. However, given the lack of use of our responses in the article, and in the interests of transparency, the answers that we gave to the […]
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 Sells Remaining Upstream Canadian Assets
(TotalEnergies, 4.Oct.2023) — TotalEnergies EP Canada Ltd. finalized the sale to ConocoPhillips of its 50% interest in the Surmont oil sands asset and associated midstream commitments. The transaction, for a base amount of C$4.03bn (about US$3bn) plus up to C$440mn (about US$330mn) in contingent payments, has an effective date on […]
Suncor to Buy TotalEnergies’ Canadian Operations for $1.468bn
(Suncor, 4.Oct.2023) — Suncor Energy (TSX: SU) (NYSE: SU) agreed to purchase TotalEnergies EP Canada Ltd., which holds a 31.23% working interest in the Fort Hills oil sands mining project for $1.468bn. The acquisition adds 61,000 barrels per day of net bitumen production capacity and 675 million barrels of proved […]
TotalEnergies and Borealis Start Up Baystar JV Polyethylene Unit
(TotalEnergies, 3.Oct.2023) — TotalEnergies and Borealis celebrate the start-up of their Baystar joint venture’s new 625,000 metric ton-per-year Borstar® polyethylene (PE) unit, which more than doubles the current production capacity at Baystar’s site in Bayport, Texas. The new USD 1.4 billion unit completes the partners’ integrated petrochemicals venture, which includes […]
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 […]
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TotalEnergies Issues Strategy & Outlook 2023 [PDF Download]
(TotalEnergies, 27.Sep.2023) — France’s TotalEnergies released its ‘2023 Strategy & Outlook’ report, which highlights themes around “more energy, less emissions, growing cash flow.” ____________________
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 […]
Petrobras Inks Deal to Evaluate Renewable Energy Opportunities
(Petrobras, 14.Sep.2023) — Petrobras informs that on 14 September 2023 it signed a non-binding memorandum of understanding with TotalEnergies and Casa dos Ventos to evaluate renewable energy projects in Brazil. The aim is to develop joint studies to study business opportunities in onshore wind, offshore wind, solar and low-carbon hydrogen […]
APA Corporation and TotalEnergies Launch Block 58 Development Studies
(APA Corporation, 13.Sep.2023) — APA Corporation (Nasdaq: APA) and TotalEnergies have announced the launching of development studies for a large oil project in Block 58, offshore Suriname. TotalEnergies is the operator of Block 58, with a 50% interest, alongside APA (50%). Successful appraisal of the two main oil discoveries, with […]
TotalEnergies Eyes Studies for 200,000 b/d Project in Suriname’s Block 58
(TotalEnergies, 13.Sep.2023) — On the occasion of the meeting held in Paramaribo between Patrick Pouyanné, Chairman and CEO of TotalEnergies, His Excellency Chandrikapersad Santokhi, President of the Republic of Suriname, and Annand Jagesar, CEO of Staatsolie, TotalEnergies has announced the launching of the development studies for a large oil project […]
Guyana Receives Bids for Eight Blocks, Including from Exxon, Total
(Reuters, 13.Sep.2023) — Guyana has received offers for eight of 14 offshore oil and gas blocks in a bidding round, including from consortiums of oil majors like Exxon Mobil, Hess Corp and TotalEnergies, the government and documents seen by Reuters showed on Wednesday. The Ministry of Natural Resources confirmed that […]
Eni Tops TotalEnergies as Africa’s Top Producer
(Energy Analytics Institute, 11.Sep.2023) — Eni actually takes the top spot as Africa’s top producer, not TotalEnergies, according to Welligence Energy Analytics. Producing around 900,000 boe/d, 40% of Eni’s output comes from Algeria and Libya. The rest is sourced from Nigeria, Ghana, Congo-Brazzaville, Mozambique, Angola and Tunisia, Welligence announced 11 […]
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 […]
TotalEnergies, Aramco Complete Processing of oil from Plastic Waste
(TotalEnergies, 17.Jul.2023) — TotalEnergies, Aramco and SABIC have for the first time in the Middle East and North Africa successfully converted oil derived from plastic waste into ISCC+ certified circular polymers. The plastic pyrolysis oil, also called plastic waste derived oil (PDO), was processed at the SATORP refinery jointly owned […]
TotalEnergies, Aramco and SABIC Process Oil from Plastic Waste
(TotalEnergies, 17.Jul.2023) — TotalEnergies, Aramco and SABIC have for the first time in the Middle East and North Africa successfully converted oil derived from plastic waste into ISCC+ certified circular polymers. The plastic pyrolysis oil, also called plastic waste derived oil (PDO), was processed at the SATORP refinery jointly owned by […]
TotalEnergies Named Most-admired Explorer by WoodMac
(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 has received […]
Aramco and TotalEnergies Award $11bn Deals for Amiral
(TotalEnergies, 24.Jun.2023) — Aramco and TotalEnergies awarded Engineering, Procurement and Construction (EPC) contracts for the $11bn “Amiral” complex, a future world scale petrochemicals facility expansion at the SATORP refinery in the Kingdom of Saudi Arabia. A signing ceremony took place in Dhahran attended by Amin H. Nasser, Aramco President and CEO, […]
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 Nigerian Find Largest in a Decade
(WoodMac, 16.Jun.2023) — Addressing TotalEnergies discovery at Ntokon in the shallow water Niger Delta, Gail Anderson, director of upstream research at Wood Mackenzie, said “Ntokon is likely to be Nigeria’s biggest shallow water discovery in a decade. Despite the lack of exploration in recent times, this discovery shows that there is still […]
TotalEnergies Reveals Discovery Offshore Nigeria
(TotalEnergies, 13.Jun.2023) — TotalEnergies announces the Ntokon oil and gas discovery on OML102 offshore Nigeria. Located in shallow waters, 60 km off the southeast coast of Nigeria, the Ntokon-1AX discovery well encountered 38 meters of net oil pay and 15 meters of net gas pay, while its side-track Ntokon-1G1 encountered 73 meters […]
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 […]
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 […]
QatarEnergy Inks PSC for Agua-Marinha Block
(QatarEnergy, 3.Jun.2023) — QatarEnergy, and its joint-venture partners TotalEnergies, Petrobras, and PETRONAS Petróleo Brasil Ltda. (PPBL) signed the Production Sharing Contract (PSC) for the Agua-Marinha block which was awarded to the consortium on 19 December 2022 in the 1st Cycle Permanent Offer round, by Brazil’s National Agency of Petroleum, Natural Gas, […]
Petrobras on PSCs with TotalEnergies, QatarEnergy, Petronas and Shell
(Petrobras, 31.May.2023) — Petrobras signed the Production Sharing Contracts (PSC) of the 1st Cycle of the Permanent Offer Bidding Round, held through a public session on 12/16/2022, for the blocks of (i) Água Marinha, in partnership with TotalEnergies (30%), QatarEnergy (20%) and Petronas (20%), (ii) Norte de Brava, where Petrobras acquired the block […]
TotalEnergies Obtains Favorable EIA for 3 GW of Solar Projects
(TotalEnergies, 22.May.2023) — TotalEnergies has obtained from the Spanish authorities (Ministry of Energy Transition and Autonomous Communities) a favorable Environmental Impact Assessment for an estimated 3 GW of installed capacity. Large-scale solar projects throughout the country This favorable result relates to the 48 power plants that TotalEnergies will develop in […]
QatarEnergy Awards EPC Contract for North Field South Project
(QatarEnergy, 16.May.2023) — QatarEnergy announces the award of the engineering, procurement, and construction (EPC) contract for the North Field South (NFS) project, which comprises two LNG mega trains with a combined capacity of 16 million tons per annum (MTPA). NFS, together with the North Field East (NFE) project, will increase […]
TotalEnergies Launches Largest Battery Storage Project in Europe
(TotalEnergies, 15.May.2023) — TotalEnergies has launched at its Antwerp refinery (Belgium), a battery farm project for energy storage with a power rating of 25 MW and capacity of 75 MWh, equivalent to the daily consumption of close to 10,000 households. A First Flagship Energy Storage Project in Belgium After commissioning […]
TotalEnergies Boost Inks PSCs for Suriname Offshore Blocks 6 and 8
(TotalEnergies, 15.May.2023) — TotalEnergies and its partners, have signed Production Sharing Contracts (PSC) on Blocks 6 & 8 with Staatsolie Maatschappij Suriname, the state-owned oil company of Suriname. Blocks 6 and 8 were awarded to TotalEnergies in the Suriname Shallow Offshore Bid Round 2020/2021. TotalEnergies will operate the two blocks […]
Staatsolie Inks PSCs with TotalEnergies and QatarEnergy
(Staatsolie, 8.May.2023) — Staatsolie Maatschappij Suriname N.V. and TotalEnergies Suriname and QatarEnergy signed production sharing contracts for offshore blocks 6 and 8 on Monday 8 May 2023. Staatsolie’s task is to promote and contract the offshore areas after its own analyses. In 2021, the Shallow Offshore Bid Round 2020-2021 was […]
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TotalEnergies Reports Strong 1Q:23 Results [PDF Downloads]
(TotalEnergies, 27.Apr.2023) — TotalEnergies “again demonstrates its ability to generate strong results, posting in the first quarter 2023 adjusted net income of $6.5 billion,” CEO Patrick Pouyanné said. ____________________
Qatar Delivers First LNG Cargo to India’s Dhamra Terminal
(TotalEnergies, 17.Apr.2023) — TotalEnergies announces the delivery of a first liquefied natural gas (LNG) cargo to the Dhamra LNG terminal, located in the state of Odisha on the east coast of India and owned and operated by Adani Total Private Limited (ATPL), a 50-50 joint venture between TotalEnergies and Adani. […]
Agreement Between Iraq and TotalEnergies
(Total, 5.Apr.2023) — While confirming all the terms of the Development & Production Contract signed in 2021, TotalEnergies and the Iraqi government have, through exchanges in the past months, including in 4 occasions between Prime Minister Al-Sudani and Chairman & CEO Patrick Pouyanné, jointly defined the necessary conditions and mutual […]
TotalEnergies Publishes its Full Response to Le Monde French Newspaper
(TotalEnergies, 23.Mar.2023) — Contrary to Le Monde French newspaper’s assertion that TotalEnergies refused to respond to so-called accusations, we are publishing the exhaustive answers we gave to Le Monde in the context of the preparation of its article on the Adani Group. 1) Indian stock market regulations require that publicly listed companies […]
Convening of Annual Shareholders’ Meeting of 26 May 2023
(Petrobras, 16.Mar.2023) — The Board of Directors of TotalEnergies SE, met on 15 March 2023 under the chairmanship of Patrick Pouyanné, Chairman and Chief Executive Officer. It has decided to convene the Ordinary and Extraordinary Shareholders’ Meeting of the company on Friday, 26 May 2023. The Notice of Meeting will […]
TotalEnergies Acquires CEPSA’s Upstream Assets in Abu Dhabi
(TotalEnergies, 1.Mar.2023) — TotalEnergies signed an agreement with CEPSA to acquire CEPSA’s upstream assets in the United Arab Emirates with an effective date of 1 January 2023. The assets to be acquired are: a 20% participating interest in the Satah Al Razboot (SARB), Umm Lulu, Bin Nasher and Al Bateel […]
TotalEnergies Inks Renewable PPAs with Sasol and Air Liquide
(TotalEnergies, 23.Feb.2023) — TotalEnergies has signed Corporate Power Purchase Agreements (CPPA) with Sasol South Africa and Air Liquide Large Industries South Africa for the supply of 260 MW capacity of renewable electricity over 20 years. TotalEnergies will develop a 120 MW solar plant and a 140 MW windfarm in the […]
EAI’s NRGBriefs: Feb. 2023
(Energy Analytics Institute, 23.Feb.2023) — Energy briefs as well as others related to finance and politics during February 2023 including Repsol commenting on improvement of prospects for operations in Venezuela; earnings updates and webcasts from Pemex, Noble Corporation, bp, Repsol and TotalEnergies; Venezuela reactivates first drilling rig, the PDVEN-778, in […]