Keywords: TotalEnergies


TotalEnergies approves Cyprus gas project to strengthen Europe's energy security

TotalEnergies and Italian energy group Eni have given the green light to develop the Cronos offshore natural gas field in Cyprus, marking a significant milestone for the country's energy sector and reinforcing efforts to diversify Europe's gas supplies. The partners announced their final investment......

TotalEnergies to appeal landmark French ruling on climate responsibilities

French energy company TotalEnergies has announced plans to appeal a landmark court decision ordering it to align its business strategy with climate change objectives. The company said on Monday that it would challenge the ruling issued by a Paris court, which found that TotalEnergies could be held responsible......

Egypt negotiates multi-year LNG supply agreements as energy demand rises

Egypt is negotiating long-term liquefied natural gas (LNG) supply agreements with major international energy companies as the country seeks to secure additional fuel supplies amid rising domestic demand and tighter global gas markets. Sources familiar with the discussions said Egypt is looking to purchase......

TotalEnergies expects Middle East conflict to weigh on second-quarter oil and gas production

French energy major TotalEnergies has warned that geopolitical tensions in the Middle East affected its hydrocarbon production during the second quarter, although the disruption proved less severe than initially anticipated. Despite the operational impact, the company expects stronger overall financial......

Fuel prices remain above pre-war levels ahead of summer travel season in France

As the summer travel season gets underway across France, fuel prices continue to ease only partially, remaining significantly higher than levels recorded before the outbreak of conflict in the Middle East, according to government data released on Monday. While motorists are seeing some relief at the......

TotalEnergies CEO says oil market may need up to four months to stabilize after Middle East disruptions

The global oil market is expected to require three to four months to return to normal conditions following months of disruption in the Middle East, according to Patrick Pouyanné, who says lingering logistical challenges continue to distort prices despite the easing of regional tensions. Speaking......

TotalEnergies made major Middle East oil trades after detecting US navy buildup in gulf, CEO says

French energy giant TotalEnergies made significant crude oil purchases in the Middle East after its trading teams observed unusual military activity in the Gulf region earlier this year, according to the company’s chief executive. CEO Patrick Pouyanné stated in an interview that traders......

Eni shareholders back board, clearing way for CEO’s record fifth term

Eni shareholders have approved a new board lineup proposed by the Italian government, opening the way for Chief Executive Officer Claudio Descalzi to secure an unprecedented fifth term at the helm of the state-controlled energy company. At the annual general meeting, 51.38% of participating shareholders......

Le Pen calls for windfall tax on TotalEnergies if fuel price caps fall short

Marine Le Pen has suggested that a windfall tax on TotalEnergies could be introduced if current measures to limit fuel prices prove insufficient to protect consumers. Speaking during a public appearance in central France, the political leader emphasized that while the company’s decision to cap......