TotalEnergies

Shell and Partners Make Historic $5 Billion Investment in Nigeria's Deep Water Oil Sector

7 days ago

In a groundbreaking move for Nigeria's oil industry, Shell and its partners have announced a substantial investment of $5 billion aimed at enhancing the deep-water oil exploration and production activities in the region. This investment marks a significant commitment to not only bolster Nigeria’s oil output but also to reinforce the country's standing as a critical player in the global oil market.

TotalEnergies Targets $750 Million LNG Project in Nigeria to Enhance Supply Chain

24 days ago

In a significant move to bolster its liquefied natural gas (LNG) supplies, TotalEnergies is setting its sights on a substantial $750 million project in Nigeria. This endeavor comes at a time when the global energy landscape is undergoing considerable shifts, prompting energy companies to secure and expand their LNG capabilities.

Total Halts New York Offshore Wind Farm Plans Following Trump's Victory

27 days ago

In a surprising turn of events, TotalEnergies, the multinational energy company based in France, has decided to suspend its plans for the development of two significant offshore wind farms near New York. This decision comes in the wake of Donald Trump's resounding victory in the recent presidential election, which has raised concerns within the renewable energy sector regarding potential shifts in policy and regulatory support.

Unexpected Slump: TotalEnergies Reports Significant Drop in Profit Amid Refining Challenges

2 months ago

TotalEnergies SE has revealed a considerable decline in profits for the third quarter of 2024, with earnings falling short of market expectations. The energy giant's profit slumped to $4.84 billion, a steep reduction compared to the $6.99 billion recorded in the same period last year. The company's disappointing results have sparked concerns among investors regarding the ongoing volatility within the refining sector, which has faced substantial challenges this year.

QatarEnergy Partners with Total to Develop Major Solar Farm in Iraq

2 months ago

In a significant development for renewable energy in the Middle East, QatarEnergy has announced a partnership with TotalEnergies to construct one of the largest solar farms in Iraq. This ambitious project is expected to bolster Iraq's energy landscape while paving the way for sustainable energy solutions in the region.

TotalEnergies and APA Corporation Approve $10.5 Billion Oil Production Project in Suriname

3 months ago

TotalEnergies SE and APA Corporation have just reached a major development milestone by sanctioning a $10.5 billion project to produce oil in Suriname. At the same time, the project constitutes one of the biggest investments ever sunk into the emergent oil industry of Suriname, opening completely new horizons both in economic prospects and energy production for the South American country.