120 articles
TotalEnergies and Venezuela signed a memorandum of understanding facilitating the French oil giant's return to operations in the South American country. The agreement establishes legal conditions for
Venezuela's Interim President Delcy Rodriguez signed an MoU with TotalEnergies, part of renewed oil deals following recent political shifts, though deal specifics remain unavailable.
TotalEnergies secured a $1.8 billion capital contribution from BlackRock’s Global Infrastructure Partners for African oil and gas assets. The deal supports major projects like the East Africa Crude Oi
TotalEnergies and Iraq have agreed to begin discussions on energy projects aimed at boosting oil production and energy transition. The announcement coincided with a separate roadmap for French defense
TotalEnergies advances its Papua New Guinea LNG project toward final investment decision, reducing total investment to approximately $14 billion. The 5.6 million ton annual capacity project includes s
TotalEnergies announced a new oil discovery in Angola, boosting Block 17 output by 6,000 barrels daily. The firm also acquired interests in two new exploration blocks and committed to a $10 billion in
TotalEnergies CEO Patrick Pouyanne announced a $10 billion investment in Angola over five years to sustain crude output, securing new exploration licenses and launching an AI geoscience initiative.
Uganda appointed Vitol to market its crude oil exports, delaying commercial production to early 2027 due to infrastructure delays. The deal expands Vitol's regional presence alongside partners TotalEn
Australia's Santos acquired an additional 3.3% stake in the Papua LNG project from TotalEnergies for $189 million, raising its total interest to 21%. The deal is expected to boost equity LNG productio
TotalEnergies will transfer operatorship of the $14 billion Papua LNG project to ExxonMobil to unlock a final investment decision by year-end. The restructuring increases ExxonMobil's stake to 34.1% a
French President Macron strengthened ties with Gulf states through deals spanning defense, technology, and energy, including TotalEnergies' pledge to double regional pipeline capacity.
Uganda officially named its blended crude oil "Pearl Sweet" ahead of planned commercial production by year-end, featuring 1.65 billion barrels in recoverable reserves. The project, led by TotalEnergie
East Texas refineries operated by Motiva, Exxon Mobil, and TotalEnergies are maintaining planned production despite Tropical Storm Edouard approaching landfall, with contractors sent home but key staf
TotalEnergies may recover approximately $1.3 billion in loans after exiting its stake in the sanctioned Arctic LNG 2 project, transferring ownership to Novatek while retaining compensation rights subj
TotalEnergies intends to appoint a new exploration manager in Norway to capitalize on the country's potential as a key energy supplier for Europe amidst geopolitical disruptions. The company currently
TotalEnergies and Shell CEOs warn of a diverging oil market where crude prices remain bearish while refined fuel prices surge due to Middle East conflicts and Russian refinery attacks. This split thre
TotalEnergies announced plans to double the capacity of the Fujairah oil export pipeline in Abu Dhabi to mitigate risks in the Strait of Hormuz. CEO Patrick Pouyanne emphasized securing alternate tran
South Africa's Constitutional Court blocked Shell from renewing an offshore oil exploration right, citing inadequate community consultation. The ruling affects regional energy development plans involv
A tanker dispute in Madagascar has eased after the Torm Eva yielded to the state-contracted Sunda 1 at Toamasina port. This resolves tensions following a government law ending a private group's long-s
TotalEnergies' Totsa offers Iraqi crude outside the Strait of Hormuz amid security risks blocking Basrah terminal lifts. Buyers pay a $10-per-barrel premium over Dubai quotes to avoid the Gulf region.
TotalEnergies and partners warn that Madagascar's government requisition of its sole oil storage facility may disrupt fuel supplies by preventing tanker unloading. The decree ends a 25-year private im
The Trump administration has settled roughly $4 billion to cancel offshore wind leases with developers like RWE and TotalEnergies, redirecting funds to fossil fuel projects.
Eni and TotalEnergies reached a final investment decision for the Cronos deepwater gas field in Cyprus, the nation's first natural gas project. Reserves exceed 3 trillion cubic feet, with exports plan
TotalEnergies agreed to sell a 50% stake in its European renewable portfolio to KKR for €1.8 billion while acquiring Shell's onshore renewables assets, cementing its green diversification strategy ami
Shell sells European onshore renewables to TotalEnergies, pivoting strategy toward upstream oil and gas. The transaction covers 500 MW of operational assets and a 3.5 GW project pipeline across key Eu
TotalEnergies appealed a Paris court ruling requiring inclusion of downstream customer emissions in its climate plan, arguing the law excludes consumer fuel choices. The case is scheduled for review i
The global energy sector saw a 122.9% year-over-year profit surge in Q2 2026, led by majors like TotalEnergies and Equinor. High oil prices and supply chain disruptions drove revenue beats despite reg
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
TotalEnergies plans to appeal a Paris court ruling requiring alignment with climate goals under France's duty of vigilance law. The company argues controlling customer product emissions exceeds legal
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.
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