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HomeTotalEnergies

TotalEnergies

Exploration and Production

TotalEnergies issues force majeure over Novatek’s Arctic LNG 2 project

January 18, 2024 Stu Turley

French energy giant TotalEnergies has initiated a force majeure process on the Novatek-operated Arctic LNG 2 project in Russia due to sanctions. In November 2023, the US government issued new Russia-related sanctions due to the […]

TotalEnergies
LNG

TotalEnergies says average LNG price climbs in Q4

January 16, 2024 Mariel Alumit

French energy giant TotalEnergies, one of the world’s largest LNG players, reported a rise in its average price for equity liquefied natural gas sales in the fourth quarter of this year compared to the previous […]

TotalEnergies
Crude Oil News

TotalEnergies increases Namibian stakes to develop key oil discoveries

January 12, 2024 Mariel Alumit

(Bloomberg) – TotalEnergies SE said lifting its stake in two Namibian oil blocks is a “key step” toward developing the Venus field off the coast of the southwest African nation. Starting in 2022, TotalEnergies and […]

LNG

TotalEnergies to supply third LNG cargo to First Gen’s Batangas FSRU terminal

December 23, 2023 Stu Turley

Power producer First Gen has awarded a contract to a unit of French energy giant TotalEnergies to supply the third liquefied natural gas (LNG) cargo to its FSRU-based terminal in Batangas, Philippines. The award of […]

TotalEnergies
Big Oil Companies

TotalEnergies Closes Sale of Fort Hills Oil Sands to Suncor

November 22, 2023 Mariel Alumit

TotalEnergies has completed the sale of TotalEnergies EP Canada Ltd., which holds a 31.23 percent working interest in the Fort Hills oil sands mining project, to Suncor Energy Inc. Aside from the Fort Hills asset, […]

Big Oil Companies

Daily Energy Standup Episode #250 – Iran-China Trade Surges, Legal Victories in Alaska, and the Growing Role of Fossil Fuels

November 13, 2023 Andy Del Prado

Daily Standup Top Stories Explainer: Iran’s expanding oil trade with top buyer China November 11, 2023 Allen Santos Nov 10 (Reuters) – China’s oil imports from Iran have hit record highs as Iran ramps up output […]

Big Oil Companies

TotalEnergies Nears Deal to Buy Texas Gas Power Plants

November 11, 2023 Mariel Alumit

ENB Pub Note: The European Big Oil companies seem to have returned to their core business even after their 90-degree turn away from “Renewable.”  France’s TotalEnergies is looking to expand in the US Gas plants […]

TotalEnergies
Crude Oil News

TotalEnergies sells stake in Canadian oil sands asset for $1.1 billion

October 23, 2023 Mariel Alumit

French giant TotalEnergies has sold its remaining stake in Canada’s Fort Hills oil sands project to Suncor for $1.07 billion. TotalEnergies said on Wednesday that it inked an agreement to sell Suncor all shares in […]

Africa
Crude Oil News

South Africa gives go-ahead for TotalEnergies to drill offshore

October 4, 2023 Mariel Alumit

CAPE TOWN, Oct 2 (Reuters) – South Africa’s environment ministry has given the go-ahead for TotalEnergies (TTEF.PA) to drill offshore for gas and oil, after rejecting an appeal from more than a dozen individuals and lobby groups […]

BP
Big Oil Companies

How BP’s Strategy Stacks Up Against the Supermajors

September 20, 2023 Mariel Alumit

BP’s strategy is under the microscope following the departure of CEO Bernard Looney, who resigned after failing to disclose the extent of personal relationships with company staff. Wholesale changes — whether embracing the renewables-free approach of its US competitors […]

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