TotalEnergies

TotalEnergies signs oil deal with Venezuela after 2022 exit

Venezuela Interim President Delcy Rodríguez on Saturday signed a memorandum of understanding with French oil and gas company TotalEnergies, according to Reuters, citing local media. No details about the agreement were immediately available.

Mistral AI inks Mozilla, TotalEnergies deals after €3B raise

Mistral AI, France's flagship artificial intelligence startup, closed a €3 billion Series D funding round on September 8, valuing the company at more than €21 billion post-money — what the three-year-old company called the largest equity round ever completed by…

Oil CEOs warn of bearish crude but surging fuel prices

The global oil market has fundamentally diverged, with crude prices under pressure even as refined fuel products command near-record premiums, TotalEnergies CEO Patrick Pouyanne said Monday at the ONS conference in Stavanger, Norway.

Eni, TotalEnergies approve Cyprus’ first gas project

Eni and TotalEnergies have reached a final investment decision to develop the Cronos gas field in deep waters offshore Cyprus, marking the Mediterranean island's first-ever gas development and a boost for European energy security at a time of strained supplies.

TotalEnergies appeals French court order to align with climate goals

TotalEnergies announced on Monday that it will appeal a landmark Paris court decision that ordered the French oil major to bring its business in line with climate change goals, setting up a high-stakes legal battle over the reach of corporate…

TotalEnergies confirms exit from Russia’s Arctic LNG 2

TotalEnergies announced Thursday that it will divest its 10% stake in Russia's Arctic LNG 2 project, formally ending its involvement in a venture that has been hobbled by Western sanctions since late 2023.

TotalEnergies Q2 profit surges 68% on Iran war oil rally

TotalEnergies reported on Thursday a 68% jump in second-quarter adjusted net income to $6.03 billion, its best quarterly performance in nearly three years, as the war in Iran sent global oil prices and refining margins sharply higher.

Paris court orders TotalEnergies to account for consumer emissions

A Paris court ruled on Thursday that TotalEnergies must account for the greenhouse gas emissions linked to its consumers' use of oil and gas products, giving the French energy major six months to revise its legally required risk assessment plan.

TotalEnergies CEO calls Hormuz bypass pipelines ‘absolute priority’

TotalEnergies CEO Patrick Pouyanné declared that investing in pipelines to bypass the Strait of Hormuz is now an "absolute priority," arguing that the nearly four-month disruption caused by the Iran conflict has exposed a strategic vulnerability the oil industry can…