Browsing Tag
TotalEnergies SE
28 posts
TotalEnergies (TTE) profit jumps 127% to $9.1bn as refining and LNG drive cash flow surge
TotalEnergies has reported its strongest quarterly adjusted profit since early 2022, supported by elevated refining margins and natural gas prices, while reducing gearing and maintaining substantial share repurchases.
TotalEnergies completes $800m Nigeria oil asset sale while retaining key LNG gas interests
The French energy group has completed the sale of its 10% participating interest in the Renaissance joint venture to Vaaris, retaining the economic benefits associated with three gas licences critical to Nigeria's LNG supply chain.
TotalEnergies’ $10bn Argentina plan turns Vaca Muerta into an export execution test
TotalEnergies has outlined close to $10 billion of potential investment across Vaca Muerta and Tierra del Fuego, including a roughly $5 billion San Roque oil development and further gas expansion, betting that Argentina can turn rapidly rising hydrocarbon production into durable export infrastructure.
KKR has its largest infrastructure fund yet: Where could $19.2bn go next?
KKR’s fifth flagship global infrastructure fund is about 13% larger than its predecessor, expanding the investment firm’s capacity across energy, digital networks, transport and essential services.
KKR is buying into TotalEnergies’ renewables, but the €1.8bn figure hides a crucial detail
An insurance account managed by KKR will acquire half of a 1.2GW wind and solar portfolio across Germany, Spain, France and Poland, while TotalEnergies retains operational control and electricity marketing responsibilities.
Northern Lights CCS Project: Norway’s CO₂ storage network expands toward 5Mtpa capacity in 2026
The Northern Lights CCS Project in Norway has moved from demonstration to operation, with Phase 1 storing its first COâ‚‚ in 2025 and Phase 2 expanding the open-access carbon transport and storage network to more than 5 million tonnes per year by 2028.
Cronos gas project reaches FID as Cyprus targets first production in 2028
Cyprus’ first gas development will connect four deepwater wells to Egyptian processing and LNG infrastructure. Reuse lowers capital intensity, but cross-border execution and LNG economics remain critical.
Umm Shaif Gas Cap project: Why ADNOC’s $6.2bn offshore gas development matters in 2026
ADNOC has approved a $6.2 billion final investment decision for the Umm Shaif Gas Cap project, aiming to unlock more than 600 million standard cubic feet per day of gas and associated liquids from one of Abu Dhabi’s most established offshore fields by 2030.
TotalEnergies Q2 adjusted profit hits $6bn on high oil and refining margins
TotalEnergies posted $9.8bn Q2 cash flow and cut gearing to 13.1%, yet Strait of Hormuz losses of 210 kboe/d now shape the second-half production story.
Vår Energi agrees $1.33bn BlueNord merger to build Europe’s largest independent producer
Vår Energi’s cash-and-share combination with BlueNord adds long-life Danish production, European gas access and cash flow, but shareholders must weigh dilution, approvals and limited operational control.