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 partnered with Masdar and Siemens Energy to co-develop a green hydrogen project aimed at producing sustainable aviation fuel (SAF) at a demonstrator plant in Masdar City, Abu Dhabi. This collaboration was announced during Abu Dhabi Sustainability Week 2022. The project seeks to establish the commercial viability of green hydrogen as a decarbonized fuel, with TotalEnergies contributing its expertise in SAF manufacturing. This initiative aligns with TotalEnergies' goal to achieve net-zero emissions by 2050.
The joint venture of TotalEnergies (38.25%), Macquarie’s Green Investment Group (GIG) (46.75%), and RIDG (15%) has secured rights for a 2 GW offshore windfarm in the N1 area of the ScotWind leasing round. Located 30km off the west coast of Orkney, the West of Orkney Windfarm aims to generate renewable power by 2030, potentially attracting over GBP£4 billion in investments. A £140m initiative will enhance local supply chains and create jobs. This marks TotalEnergies' largest renewable project in Europe, contributing to their goal of reaching 100 GW of renewable capacity by 2030.
TotalEnergies SE (TTE) reported significant performance improvements in Q4 2021. Key highlights include an increase in Brent oil prices to $79.8 per barrel, up from $44.2 a year prior. The average gas price surged to $11.38 per Mbtu, while LNG prices also climbed to $13.12 per Mbtu. The variable cost margin for European refining reached $16.7 per ton, demonstrating strong operational efficiency. The financial data reflects TotalEnergies' robust positioning amid rising commodity prices, suggesting potential positive impacts on future earnings.
TotalEnergies (Euronext Paris: TTE) has announced an agreement to sell its stake in Angola Block 14 B.V. to Somoil, pending Angolan authorities' approval. The venture, co-owned with Inpex, holds a 20% interest in Angola's Block 14 and a 10% interest in Block 14K. In 2021, net production from Angola Block 14 B.V. was 9,000 barrels of oil equivalent per day. This divestment aligns with TotalEnergies' strategy to enhance its oil portfolio by focusing on low-cost, low-emission assets. The company continues to lead the Angolan energy market, operating key projects in oil, LNG, and renewable energy.
Thierry Pflimlin has been appointed as the President of Marketing & Services at TotalEnergies, a global multi-energy company. Pflimlin has extensive experience, having joined the Total Group in 1984 and holding leadership roles in various regions, including Asia and France. He has been a key member of the Executive Committee since 2021. TotalEnergies focuses on producing and marketing a range of energies, striving for sustainability and accessibility in its operations, with 105,000 employees across over 130 countries.
TotalEnergies (TTE) has secured 194 projects in the latest CRE 4 call for tenders, boosting its position as a leader in rooftop solar installations in France. This joint venture with Amarenco represents nearly 58 MW, contributing to over 250 MW won across all 13 rounds since 2017. The CEO emphasizes a goal of achieving 4 GW in renewable generation capacity by 2025. TotalEnergies plans to increase its renewable capacity from over 10 GW in 2021 to 35 GW by 2025 and aims for 100 GW by 2030, reinforcing its commitment to sustainable energy.
Plastic Energy and TotalEnergies have announced a joint venture to enhance advanced plastic recycling in Sevilla, Spain. Plastic Energy is set to build a new recycling plant processing 33,000 tons of end-of-life plastic per year, producing a raw material called TACOIL. This facility, operational by 2025, will convert TACOIL into virgin-quality polymers for food-grade packaging. This project supports TotalEnergies' goal of achieving 30% recycled and renewable polymers by 2030 and follows previous collaborations in France and Texas.
TotalEnergies SE (Ticker: TTE) announced the repurchase of 2,119,523 shares from January 3 to January 7, 2022, following authorization from its shareholders on May 28, 2021. The average purchase price over this period was €45.7649, totaling approximately €96,999,822.01 in transactions. This initiative aligns with the company's strategy to bolster shareholder value and reflects a continued commitment to returning capital to its investors.
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TotalEnergies SE (TTE) announced share repurchases from December 27 to December 31, 2021, following shareholder authorization on May 28, 2021. A total of 3,189,128 shares were repurchased at a weighted average price of €44.9362, totaling approximately €143.31 million. Daily volumes ranged from 24,290 to 531,971 shares with prices fluctuating between €44.7107 and €45.2353. For detailed information, visit TotalEnergies' investor website.