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 has announced a definitive agreement to acquire SunPower's Commercial & Industrial Solutions (CIS) business for $250 million, including $60 million in earn-outs, subject to regulatory approval. This move aims to expand TotalEnergies' distributed generation business in the U.S., adding roughly 100 MW of capacity annually. The acquisition aligns with TotalEnergies' strategy to enhance its renewable energy portfolio while allowing SunPower to focus on its burgeoning residential market. Expected to close in early Q2, the deal won't affect TotalEnergies' majority stake in SunPower.
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On February 9, 2022, TotalEnergies SE (Euronext: TTE) announced a share capital decrease by canceling 30,665,526 treasury shares, representing 1.16% of its capital. This cancellation, executed from November 8 to December 22, 2021, reduces the total shares to 2,609,763,803, with voting rights totaling 2,769,135,419. The transaction does not alter the company's consolidated financial statements or impact earnings per share.
TotalEnergies continues as a global multi-energy company dedicated to producing and marketing sustainable energy across more than 130 countries.
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TotalEnergies and Veolia have entered a partnership to produce biomethane from Veolia's waste and water treatment facilities across over 15 countries. The initiative aims to generate up to 1.5 terawatt-hours (TWh) of biomethane annually by 2025, enough to power 500,000 homes while cutting CO2 emissions by 200,000 tons per year. TotalEnergies will market this renewable gas as fuel for mobility and alternatives to natural gas. This collaboration aligns with sustainable development goals and underscores TotalEnergies' commitment to becoming a major player in renewables.
On February 1, 2022, TotalEnergies announced the final investment decision for the Lake Albert Development Project in Uganda and Tanzania, with a total investment of approximately $10 billion. This project includes the Tilenga and Kingfisher oil projects and the East African Crude Oil Pipeline (EACOP), expected to produce 230,000 barrels per day by 2025. TotalEnergies aims to implement sustainability measures and biodiversity action plans while focusing on local development, renewable energy, and low-emission strategies.
TotalEnergies (Euronext: TTE) has announced its acquisition of BP’s retail network in Mozambique, which includes 26 service stations, a wholesale fuel business, and logistics assets. The deal enhances TotalEnergies’ existing operations, expanding its network to 83 service stations, solidifying its position as the leading petroleum retailer in the country. The acquisition aligns with TotalEnergies' strategy to invest in Mozambique's energy sector, including renewable energy and natural gas. The company aims to contribute to sustainable development and improve energy access in Mozambique.
TotalEnergies and the Rwanda Development Board signed a Memorandum of Understanding to collaborate on energy projects in Rwanda. The scope includes distribution of energy products, supply of LPG, renewable hydro-electricity, power storage solutions, carbon storage development, and education on energy transition. TotalEnergies also announced the establishment of TotalEnergies Marketing Rwanda Ltd and a permanent office in Kigali. CEO Patrick Pouyanné emphasized the commitment to Africa's energy sector, while Rwanda's CEO Clare Akamanzi highlighted the importance of skills transfer in renewable energies.
TotalEnergies (Euronext: TTE) has agreed to sell a 20% stake in the Greater Laggan Area fields and the Shetland Gas Plant to Kistos Energy Limited for a total of $125 million. The deal includes two contingent payments of up to $40 million linked to gas prices in 2022 and potential future developments. This transaction awaits UK regulatory approval. Following the sale, TotalEnergies will maintain a 40% interest in the fields, which produced approximately 8,000 barrels of oil equivalent per day in 2021.
TotalEnergies (Paris:TTE) and CMA CGM have launched the first ship-to-containership LNG bunkering operation in the Port of Marseille Fos, Southern France. The operation utilized the Gas Vitality, marking a significant step in supporting LNG's role in the maritime energy transition. The BALI, an LNG-powered containership, was refueled with approximately 6,000 m³ of LNG while simultaneously handling cargo operations. TotalEnergies aims to establish Marseille as an LNG bunkering hub in the Mediterranean.