TotalEnergies CEO Patrick Pouyanne stated he prefers a disruptive world for business opportunities, noting integrated energy firms benefit during conflicts. Profits surged alongside rivals Shell and B
TotalEnergies, Socar, and XRG approved a second phase for the Absheron gas-condensate field in Azerbaijan, targeting 6 billion cubic meters of annual production by 2029 for domestic use and exports to
TotalEnergies and Eni approved the Cronos gas field in Cyprus for LNG production starting in 2028. The project targets 2.8 million metric tons annually via Egypt's infrastructure to boost European ene
Eni and TotalEnergies are nearing a final investment decision on the Cronos gas field off Cyprus, aiming to liquefy gas in Egypt for European exports by 2028 to diversify supply sources.
TotalEnergies has divested its 170-megawatt European distributed solar portfolio to Amarenco and AMPYR Distributed Energy, aiming to focus on larger, more profitable renewable projects.
TotalEnergies SE reported oil trading profits doubling to approximately $1 billion in the first quarter due to strategic crude purchases during the Iran conflict, resulting in a 30% increase in net ea
Russian President Putin authorized TotalEnergies to sell its 10% stake in the sanctioned Arctic LNG 2 project to Novatek's subsidiary, enabling the French major to exit the $21 billion facility amid W
SOCAR, TotalEnergies, ADNOC, and BOTAS signed a natural gas sales agreement for Azerbaijan's Absheron field, targeting over 4 bcm annual production by 2029. A final investment decision is expected thi
TotalEnergies, QatarEnergy, and ConocoPhillips signed an MoU with Syria's Petroleum Company to review offshore Block 3, signaling renewed foreign investment interest in the region's energy sector.
Following the UAE's exit from OPEC, ADNOC plans to finalize investment decisions on unconventional oil and gas projects with partners like TotalEnergies, aiming to reach 5 million barrels per day capa
TotalEnergies targets September 2029 for first gas supply from its Absheron condensate field phase II expansion. The project enhances Azerbaijan's strategic natural gas capacity amid rising global sup
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