Totalenergies Se Stock Price, News & Analysis

TotalEnergies SE has disclosed its share repurchase transactions conducted from May 26 to May 30, 2025, following shareholder authorization from May 23, 2025. The company purchased a total of 869,800 shares at a weighted average price of €51.73 per share, with a total investment of €44,998,356.41. The daily purchase volumes remained relatively consistent throughout the period, ranging from 173,615 to 174,575 shares, with daily transaction values of approximately €9 million. All transactions were executed on the XPAR market.

TotalEnergies (TTE) and RGE have achieved significant milestones in their large-scale renewable energy project in Indonesia. Singapore's Energy Market Authority has awarded their joint venture, Singa Renewables, a conditional license to import 1 GW of Clean Firm Power to Singapore. The partners signed an MOU with Singapore Energy Interconnections to develop a subsea interconnector and previously established a Co-Investment Agreement for a hybrid renewable power plant in Riau Province. The project includes a solar farm, Battery Energy Storage System, and subsea cable, aimed at supplying clean power to Singapore and Indonesian industrial complexes. This initiative supports Singapore's 2050 net-zero emissions goal while contributing to Riau Province's economic development. TotalEnergies brings its expertise in large-scale energy projects, currently holding 28 GW of installed renewable capacity, targeting 35 GW by end-2025.

TotalEnergies has announced that its subsidiary TotalEnergies EP Nigeria (TEPNG) will sell its 12.5% non-operated interest in the OML118 Production Sharing Contract to Shell Nigeria Exploration and Production Company Ltd for $510 million. The OML118 PSC includes the Bonga field, which began production in 2005, and the Bonga North field, whose development started in 2024. Located 120 km south of Nigeria's Niger Delta, the asset currently produces approximately 11,000 boe/d in company share. The company plans to focus on operated gas and offshore oil assets in Nigeria, including the development of the Ubeta project to maintain gas supply to Nigeria LNG. The transaction's completion is subject to regulatory approvals.

TotalEnergies SE (TTE) has reported share repurchase transactions conducted from May 19 to May 23, 2025, in accordance with shareholder authorizations from May 24, 2024, and May 23, 2025. The company bought back a total of 861,135 shares at a weighted average price of €52.25 per share, with a total investment of €44.99 million.

The daily purchase volumes ranged from 169,950 to 175,900 shares, with prices varying between €51.16 and €52.95 per share. All transactions were executed on the XPAR market.

TotalEnergies announces the successful startup of Mero-4, the fourth development phase of the Mero field in Brazil's Santos Basin. The project connects 12 wells to the new Alexandre de Gusmão FPSO with a 180,000 barrels per day production capacity. Located 180km off Rio de Janeiro's coast, Mero-4 brings the field's total production to 770,000 b/d through five FPSOs. TotalEnergies' share at full capacity will be approximately 100,000 boe/d. The project features environmental considerations including associated gas reinjection and zero routine flaring. The Mero field is operated by Petrobras (38.6%), with TotalEnergies (19.3%), Shell Brasil (19.3%), CNPC (9.65%), CNOOC (9.65%), and PPSA (3.5%) as partners.

TotalEnergies SE held its Combined Shareholders' Meeting on May 23, 2025, where shareholders approved all Board-supported resolutions. Key approvals included: a €3.22 per share dividend for fiscal year 2024, renewal of Lise Croteau's directorship, and new three-year terms for Helen Lee Bouygues and Laurent Mignon as Directors. Valérie Della Puppa-Tibi was appointed as Director representing employee shareholders. The meeting also approved compensation policies for directors and the Chairman/CEO, and discussed the Sustainability & Climate Progress Report 2025, which outlines the company's progress towards carbon neutrality goals by 2030.

TotalEnergies (NYSE: TTE) has inaugurated its largest solar power plant cluster in Europe near Sevilla, Spain. The facility consists of five solar projects with 263 MW total capacity, featuring 400,000 bifacial solar panels with trackers. The solar field will produce 515 GWh of renewable electricity annually, powering over 150,000 Spanish households and avoiding 245,000 tons of CO2 emissions per year. The project, declared strategically important by local authorities, has boosted the local economy by involving 14 companies and creating 800 jobs. Most electricity will be sold through PPAs, with remaining output sold on the wholesale market. TotalEnergies, Spain's 4th largest electricity provider with over 2 million customers, aims to reach 35 GW of installed renewable capacity by end-2025 and over 100 TWh of net electricity production by 2030.

TotalEnergies SE (NYSE: TTE) has reported its share repurchase activity from May 12 to May 16, 2025, conducted across multiple trading venues. The company bought back a total of 3,112,080 shares at a weighted average price of €53.02 per share, with a total investment of €165 million. The transactions were executed across four market venues: XPAR (Paris Exchange), CEUX, AQEU, and TQEX. The buyback was conducted under the authorization granted by shareholders at the general meeting on May 24, 2024.

TotalEnergies (TTE) has signed a significant 20-year agreement to purchase 2 million tonnes per annum (Mtpa) of LNG from the future Ksi Lisims LNG plant in Western Canada. The company also acquired a 5% stake in Western LNG, the project's developer and operator, with an option to increase its stake up to 10% upon final investment decision.

The Ksi Lisims LNG project, with a total capacity of 12 Mtpa, will be strategically located on British Columbia's Pacific coast, providing advantageous access to Asian markets. Notably, the facility will be fully electrified using hydroelectricity, positioning it as one of the world's lowest CO2-emitting LNG projects.

TotalEnergies, currently the world's third-largest LNG player with a global portfolio of 40 Mt/y in 2024, aims to increase natural gas's share in its sales mix to nearly 50% by 2030.