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The Latest Breaking News from TotalEnergies

Saudi Arabia, China to Implement Refining and Petrochemical Projects

Saudi Arabia and China intend to explore cooperation opportunities in refining and petrochemical projects after the significant energy companies signed memorandums of understanding (MoU) to implement several projects. Saudi Aramco, Chinese Petroleum and Chemical Corporation (Sinopec), and SABIC are exploring cooperation opportunities in refining and petrochemical projects in China and…

Asharq Al-Awsat

How Putin’s alleged ‘business associate’ made $400m from a major Russian gas deal

French oil group Total writes off Novatek shareholding as Guardian investigation raises questions over ties to Kremlin and ownership of superyacht used by Russian president

The Guardian - UK

Aramco, TotalEnergies to Build $11 Bln Saudi Petrochemicals Plant

Saudi Aramco and TotalEnergies will join forces to build a new petrochemicals complex in Saudi Arabia, the two companies said in a joint statement on Thursday. The project involves investment of about $11 billion, of which $4 billion will be funded through equity by Aramco (62.5%) and TotalEnergies (37.5%), the…

Asharq Al-Awsat

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TotalEnergies to Begin Drilling for Oil in Lebanon Next Year

The French company TotalEnergies will begin working towards exploiting Lebanon's Block 9 offshore gas project as of next year, announced caretaker Energy Minister Walid Fayad. The company said in a statement that it began mobilizing the teams in charge of drilling operations on Block 9, revealing that the call for…

Asharq Al-Awsat

TotalEnergies to ‘gradually withdraw’ from Russian investments

World’s fifth-largest oil firm finally bows to pressure after invasion of Ukraine, removing representatives from Novatek board

The Guardian - UK

France's TotalEnergies pulls out of Russian gas producer

French energy giant TotalEnergies says it will walk away from its stake in Russian natural gas producer Novatek and take a $3.7 billion loss

The Independent UK

TotalEnergies exits Russian gas firm's board, takes $3.7bn hit

French energy group TotalEnergies said Friday it was withdrawing from the board of Russian gas giant Novatek and taking a $3.7 billion hit in the wake of sanctions against Moscow.

Radio France Internationale

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Reuters reveals alleged 'secret abortion programme' run by Nigeria's army

In tonight's edition: Reuters journalists find evidence of a systematic, illegal abortion programme run by the Nigerian army. It says thousands of terminations have been carried out, often without women's consent. Also, could Uganda be turning the corner in its battle against Ebola? No new cases have been detected for…

France 24

TotalEnergies in court over massive oil projects in Uganda, Tanzania

The French energy giant TotalEnergies appeared in a Paris court after years of delay in a case in which six NGOs accuse it of "failing in its duty of vigilance" on two massive oil drilling and pipeline projects in Uganda and Tanzania.

Radio France Internationale

Papua New Guinea PM Marape urges miners to go ahead with projects

Papua New Guinea Prime Minister James Marape on Monday urged mining investors to get on with developing their resources, pushing for more downstream processing in the country and more local employment.

Reuters

TotalEnergies cuts North Sea investment over UK windfall tax

London (AFP) - French company TotalEnergies will cut North Sea oil and gas investment by 25 percent next year after the UK government extended a windfall tax on energy firms.

AFP

Dow Jones Turns Higher As Stocks Pare Losses; Solar Stocks Rise; Russia Oil Cap Set At $60; Tesla's First Semi Lands At PepsiCo's Door

Dow Jones industrials reversed higher in late trading; Tesla delivered its first cybertruck to Pepsi; solar stocks surged; the cap on Russian oil was put at $60 a barrel.

Investors Business Daily

IBD 50: Energy Stock TotalEnergies Breaks Out On European Natural Gas Demand

Energy stock TotalEnergies broke out of a cup base after a strong quarter due to higher gas prices and European demand. Strong near-term outlook.

Investors Business Daily

Multinationals opening new gas sites, despite climate change warnings

Although scientists keep insisting that the planet needs to move away from its dependence on oil, gas and coal to effectively combat climate change, hydrocarbon development projects continue to emerge. Several countries, cities and NGOs are calling for a non-proliferation treaty on fossil fuels.

France 24

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Zenger

Israel Allows TotalEnergies And Eni To Search For Gas Offshore After Lebanon Deal

Israel signed agreement to begin exploring natural gas within the framework of a historic maritime border agreement with Lebanon

Radio France Internationale

Queues return to petrol stations as government and TotalEnergies cut fuel rebates

The fuel rebates put in place by the government and TotalEnergies are set to drop by 20 and 10 cents per litre respectively as of Wednesday, 16 November. Queues have formed again in front of certain service stations as motorists seek a last cut-price tankfull.

Al Jazeera

Israel signs agreement on gas field shared with Lebanon

Exploration in the Qana field is set to begin after Tel Aviv signed a framework agreement with the contractor.

The Guardian - UK

Long queues at French petrol stations as fuel subsidy is scaled down

Some pumps run dry on the final day before the rebate on price of petrol and diesel is cut

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The Independent UK

Total to launch sea exploration after Lebanon-Israel deal

French oil giant Total says it will soon launch exploration activities in search for gas in the Mediterranean Sea off Lebanon’s coast, following last month’s Lebanon-Israel maritime deal

Radio France Internationale

TotalEnergies, ENI sign deal with Israel on gas field shared with Lebanon

French power operation TotalEnergies and Italian hydrocarbon company ENI have jointly signed a framework agreement with Israel to exploit a gas field shared with Lebanon, the French energy supplier said Tuesday.

Radio France Internationale

Fuel depot blockades

This week on The Sound Kitchen you’ll hear the answer to the question about the strike by French distribution depot workers at TotalEnergies and Esso-Exxon Mobil. There’s the bonus question and the “Listeners Corner” with Michael Fitzpatrick, “Music from Erwan”, and the new quiz question, too, so click on the…

AFP

Climate activists challenge TotalEnergies CEO at COP27

Sharm el Sheikh (Egypt) (AFP) - French giant TotalEnergies' chief executive was confronted by climate activists Friday at the COP27 summit in Egypt, where the presence of fossil fuel firms has drawn backlash.

The Guardian - UK

World’s ‘most potent greenhouse gas’ escaped during work on UK windfarm

More than 80 staff at £3bn Seagreen project, 27 km off Scotland’s Angus coastline, were forced to evacuate

Radio France Internationale

Uganda-Tanzania oil pipeline project a 'carbon bomb', analysis shows

The multibillion euro East African crude oil pipeline project, being financed by France's TotalEnergies and the China National offshore Company, will produce far more carbon emissions than claimed, new data shows.

Radio France Internationale

France pushes industry giants to lower carbon footprint

As the Cop27 climate summit starts this weekend in Egypt, French President Emmanuel Macron has invited large French companies for a meeting to encourage them to accelerate the reduction of their carbon footprints. This comes as Greenpeace accuses French oil and gas company TotalEnergies of grossly underreporting its own emissions.

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