Welcome to our dedicated page for Totalenergies Se news (Ticker: TTE), a resource for investors and traders seeking the latest updates and insights on Totalenergies Se stock.
TotalEnergies SE (TTE) generates a steady flow of news that reflects its role as a global integrated energy company active in oil and biofuels, natural gas and green gases, low-carbon hydrogen, renewables and electricity. This page aggregates regulatory announcements, project updates, and corporate developments drawn from company news releases and SEC submissions, giving investors and observers a single view of the latest disclosures.
Recent TotalEnergies news highlights upstream exploration and production moves, such as a joint study and application agreement with BluEnergies to explore a deepwater fan play in the Harper Basin offshore Liberia, and agreements in regions like Namibia, Guyana, Nigeria and Malaysia. Other articles cover portfolio management steps, including divestments of non-operated oil interests in Nigeria and changes in gas and renewables holdings, which illustrate how the company adjusts its mix of assets across geographies and energy types.
For followers of the energy transition, TotalEnergies news also features renewable power and electricity activities. Releases describe long-term power purchase agreements to supply certified renewable electricity to data centers in Malaysia and other markets, the development of solar projects, and the build-out of a portfolio that combines renewables with flexible gas-fired and storage assets. Additional coverage includes trading and downstream developments, such as the creation of BxT Trading in partnership with Bapco Energies to trade petroleum products in the Middle East.
Regulatory and capital markets items appear frequently as well, including disclosures of transactions in the company’s own shares, information on voting rights and share capital, and filings related to guaranteed notes and NYSE listing changes. By reviewing this news feed regularly, readers can see how TotalEnergies communicates its strategic moves, operational updates, and financial actions across the full spectrum of its integrated energy business.
TotalEnergies (TTE) has announced key appointments to its Executive Committee, effective September 1st, 2024. Bernard Pinatel, currently President Refining & Chemicals, will become President Downstream and President Marketing & Services. Vincent Stoquart, currently senior vice president Renewables, will be appointed President Refining & Chemicals.
The Executive Committee will comprise nine members, including Patrick Pouyanné as Chairman and CEO. Other members include Aurélien Hamelle (Strategy & Sustainability), Helle Kristoffersen (Asia), Stéphane Michel (Gas, Renewables and Power), Jean-Pierre Sbraire (CFO), Namita Shah (OneTech), and Nicolas Terraz (Exploration & Production).
Pinatel, a graduate of École Polytechnique and INSEAD, has extensive experience in the industry. Stoquart, a Mechanical Engineer, has been with TotalEnergies since 1998, holding various leadership positions.
TotalEnergies SE (TTE) has disclosed its share repurchase transactions from August 12 to August 16, 2024. The company bought back a total of 2,568,529 shares at an average price of €61.813314 per share, for a total amount of €158,769,290.03. The purchases were made across four different markets: XPAR, CEUX, TQEX, and AQEU. The largest daily volume was on August 16, with 339,995 shares bought on XPAR. The highest daily weighted average purchase price was €62.252192 on August 16, while the lowest was €61.419183 on August 14. These transactions were conducted in accordance with the authorizations given by shareholders at the general meeting on May 24, 2024, and comply with applicable share repurchase laws.
TotalEnergies SE (TTE) has reported share repurchases from August 05 to August 09, 2024, in accordance with shareholder authorization. The company bought back 2,619,767 shares at an average price of €60.116522 per share, totaling €157,491,279.99. Transactions were executed across multiple markets, including XPAR, CEUX, TQEX, and AQEU. The daily volume ranged from 280,845 to 306,434 shares, with prices varying between €59.10 and €61.29 per share. This buyback aligns with TotalEnergies' share repurchase program and complies with applicable regulations. Detailed transaction information is available on the company's website.
TotalEnergies announces the start of production from the Anchor field in the US Gulf of Mexico, holding a 37.14% interest alongside operator Chevron (62.86%). Located 225 km off Louisiana, Anchor consists of subsea wells connected to a semi-submersible floating production unit (FPU) with a capacity of 75,000 barrels of oil and 28 million cubic feet of gas per day. At peak, Anchor will contribute 30,000 boe/d net to TotalEnergies. The FPU is designed to minimize greenhouse gas emissions through an all-electric configuration and waste heat recovery technologies.
This project marks a milestone in TotalEnergies' integrated energy model in the US, combining high-leverage oil projects with low emissions intensity and growth in Integrated LNG and Power. TotalEnergies is the leading exporter of US LNG, with plans to increase capacity to 15 Mt/y after the Rio Grande LNG plant start-up.
TotalEnergies SE (TTE) has released information regarding its total number of voting rights and shares in the share capital as of July 31, 2024. The company reported a total of 2,397,679,661 shares and an equal number of theoretical voting rights. However, the exercisable voting rights stand at 2,301,570,891 after deducting 96,108,770 treasury shares. This disclosure is in compliance with Article L.233-8-II of the French Commercial Code and article 223-16 of the General Regulation of the AMF, demonstrating TotalEnergies' commitment to transparency in its shareholding structure.
TotalEnergies has signed an agreement to sell its 50% stake in Total PARCO Pakistan (TPPL) to Gunvor Group, a global commodities trading company. This move aligns with TotalEnergies' selective strategy in Marketing & Services, focusing on core geographies with growth and transitioning opportunities. TPPL, a joint venture between TotalEnergies and Pak-Arab Refinery , operates over 800 service stations, fuel logistics, and lubricants activities in Pakistan.
The new entity will continue using the "Total Parco" brand for retail business and the "Total" brand for lubricants for five years in Pakistan. The acquisition is subject to regulatory approvals and related agreements. This transaction demonstrates TotalEnergies' strategic approach to optimizing its global portfolio and focusing on key markets with growth potential.
TotalEnergies SE (TTE) has disclosed its share repurchase transactions from July 29 to August 02, 2024. The company bought back a total of 2,646,518 shares at an average price of €62.21 per share, amounting to €164,652,811.66. The purchases were made across various markets including XPAR, CEUX, TQEX, and AQEU.
The largest daily volume was on July 30, with 531,958 shares acquired. The highest daily weighted average purchase price was €62.82 on July 31, while the lowest was €61.70 on August 2. These transactions were conducted in accordance with the authorizations given by shareholders at the general meeting on May 24, 2024, and comply with applicable share repurchase laws.
TotalEnergies has signed an agreement to acquire 100% of Scatec's subsidiary SN Power, gaining interests in renewable hydropower projects in Africa. The acquisition includes a 28.3% stake in Uganda's Bujagali hydropower plant (250 MW capacity) and minority stakes in projects under development in Rwanda (260 MW) and Malawi (360 MW). This move aligns with TotalEnergies' multi-energy strategy and commitment to Africa's energy transition.
The transaction, subject to certain conditions, will expand TotalEnergies' hydropower portfolio, which currently includes 3.7 GW of gross capacity worldwide. This acquisition supports the company's ambition to achieve net-zero emissions by 2050 and its goal of reaching 35 GW of renewable electricity generation capacity by 2025.
TotalEnergies SE has disclosed its share repurchase transactions from July 22 to July 26, 2024, in accordance with shareholder authorizations and applicable laws. The company bought back a total of 2,085,678 shares at an average price of €62.29 per share, for a total amount of €129,912,063.35. The purchases were made across multiple trading venues, including XPAR, CEUX, TQEX, and AQEU. Daily volumes ranged from approximately 265,000 to 387,000 shares, with prices fluctuating between €61.41 and €63.09 per share throughout the week. This share buyback program demonstrates TotalEnergies' commitment to managing its capital structure and potentially enhancing shareholder value.
TotalEnergies (TTE) has announced its withdrawal from offshore Block 11B/12B in South Africa, following partner CNRI's decision to exit. TotalEnergies EP South Africa, which holds a 45% interest in the block, entered in 2013 and made two gas discoveries: Brulpadda and Luiperd. However, these discoveries proved too challenging to develop economically for the South African market. Additionally, TotalEnergies has decided to exit from offshore exploration Block 5/6/7, where it currently holds a 40% interest. These decisions mark a significant shift in TotalEnergies' exploration strategy in South Africa's offshore regions.