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) is a global energy leader driving innovation across oil, natural gas, renewables, and chemicals. This dedicated news hub provides investors and industry professionals with timely updates on corporate developments shaping the energy transition.
Access official press releases and curated analysis covering quarterly earnings, strategic partnerships, exploration projects, and sustainability initiatives. Our repository simplifies tracking of operational milestones across TTE's integrated value chain – from upstream production to low-carbon energy solutions.
Key updates include regulatory filings, joint venture announcements, and technological advancements in LNG and solar energy. Stay informed about market-moving developments through verified sources, including executive statements, investment plans, and energy transition roadmaps.
Bookmark this page for streamlined monitoring of TTE's evolving position in traditional and renewable energy markets. Check regularly for essential updates impacting long-term energy sector analysis and investment considerations.
TotalEnergies SE has announced its share repurchase program authorized on May 25, 2022. Between November 21 and November 25, 2022, a total of 3,978,541 shares were repurchased at an average price of €57.81, amounting to €229,999,859.14. The purchases were conducted across various markets including XPAR, CEUX, TQEX, and AQEU. This move is part of the company’s strategy to enhance shareholder value through the buyback of shares.
TotalEnergies responded to Bloom's open letter dated October 17, 2022, regarding its gas exploration project in South Africa. CEO Patrick Pouyanné confirmed the application for a production license filed on September 5. An environmental impact assessment is underway to outline economic, social, and environmental impacts. Notably, TotalEnergies has already reduced the license application's scope by excluding a protected marine area. This project aims to replace coal with gas, reducing CO2 emissions and air pollution in South Africa, and is accompanied by renewable energy initiatives, including solar projects.
TotalEnergies (Paris:TTE) and Air Liquide are collaborating to produce renewable hydrogen at the Grandpuits platform, with Air Liquide investing over €130 million. This new unit, utilizing biogas from TotalEnergies' biorefinery, will produce over 20,000 tons of low-carbon hydrogen annually, capturing over 110,000 tons of CO2. The project aligns with their goal to decarbonize hydrogen usage by 2030, contributing to a total investment over €500 million towards sustainable energy solutions aimed at achieving net zero emissions by 2050.
TotalEnergies (Euronext: TTE) has completed the joint acquisition of 8.16% of the Waha concessions in Libya from Hess, increasing its interest from 16.33% to 20.41%. This acquisition supports Libya's National Oil Corporation in boosting oil production and reducing gas flaring for power generation. The company is also advancing a 500 MWp solar plant project in partnership with Gecol to enhance renewable electricity supply. TotalEnergies has been active in Libya since 1954, with current production at 84,000 boe/d.
TotalEnergies (TTE) has signed a Framework Agreement with ENI and the State of Israel to implement a maritime boundary agreement with Lebanon, established on October 27, 2022. TotalEnergies operates Block 9 in Lebanon with a 60% interest, and exploration of prospects extending into Israeli waters will begin shortly. Preparations include team mobilization and equipment procurement. CEO Patrick Pouyanné highlighted the company's commitment to assessing hydrocarbon resources and production potential in the newly defined area.
On November 3, 2022, Greenpeace published a report claiming TotalEnergies' Scope 1 emissions exceeded 160 million tons of CO2e in 2019, while TotalEnergies reported them at 55 million tons. The company strongly refutes Greenpeace's claims, labeling them as misleading and damaging to its credibility. In response, TotalEnergies has decided to pursue legal action against Greenpeace to address the harm caused by this misinformation.
KB Home has launched the first all-electric, solar- and battery-powered microgrid communities in California in partnership with the U.S. Department of Energy, SunPower, and other industry leaders. These energy-smart homes aim to reduce energy usage by up to 40%, enhance resilience during grid outages, and lower carbon footprints. The project features smart technologies, EV charger readiness, and real-time monitoring, while also receiving DOE Zero Energy Ready Home certification. The initiative reflects KB Home's commitment to sustainability and energy efficiency.
TotalEnergies SE announced its share repurchase activities on October 28, 2022, authorized by a prior shareholder meeting on May 25, 2022. The company purchased a total of 1,452,804 shares at an average price of 55.065894 EUR/share, amounting to approximately 79.99 million EUR. The transactions took place on various markets, including XPAR, CEUX, TQEX, and AQEU. For detailed transaction breakdowns, refer to the TotalEnergies website.
TotalEnergies (Euronext Paris: TTE) has announced a significant oil discovery by the Pedunculo well in the north-west of the Sépia oil field, located 250 km off the coast of Rio de Janeiro, Brazil. This discovery is part of the Sépia Coparticipated Area, where TotalEnergies holds a 19.2% interest. The Sépia field currently produces 170,000 barrels of oil per day. The resources from the Pedunculo well surpass pre-drill expectations, indicating potential for further development. The well was drilled at a depth of 2,200 meters, revealing one of Brazil's highest recorded oil columns.
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