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TotalEnergies and Galp Reinforce Their Long-Term Commitment to Namibia in High‑Level Presidential Meeting
Businesswire· 2026-01-30 12:42
WINDHOEK, Namibia--(BUSINESS WIRE)--Patrick Pouyanné, Chairman and CEO of TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and Paula Amorim, Chairman of Galp, held a joint meeting today with the President of the Republic of Namibia, Netumbo Nandi-Ndaitwah, to reiterate their longterm commitment to the country and provide an update on the progress and next steps of their recently announced partnership across key offshore licenses in the Orange Basin. This meeting follows the agreement under which. ...
Mozambique LNG Announces the Full Restart of All Its Activities Onshore and Offshore in Mozambique
Businesswire· 2026-01-29 15:41
Core Viewpoint - TotalEnergies has announced the full restart of the Mozambique LNG project activities following the lifting of Force Majeure declared in 2021 [1] Group 1: Company Actions - Patrick Pouyanné, Chairman and CEO of TotalEnergies, met with the President of Mozambique to discuss the project [1] - The Mozambique LNG consortium made the decision to lift the Force Majeure on November 7, 2025 [1] Group 2: Project Status - The restart includes both onshore and offshore activities related to the Mozambique LNG project [1]
TotalEnergies on track to deliver LNG in Mozambique in 2029, CEO says
Reuters· 2026-01-29 10:06
Core Viewpoint - TotalEnergies is on track to deliver LNG from its Mozambique project by 2029, indicating a significant increase in operational activities in the region [1] Group 1 - TotalEnergies CEO Patrick Pouyanne announced the timeline for LNG delivery from the Mozambique project [1] - The company anticipates a massive ramp-up in activities in Mozambique in the near future [1]
Mozambique, TotalEnergies relaunch $20 billion LNG project
Reuters· 2026-01-29 07:31
Mozambique and TotalEnergies formally restarted the French energy major's $20 billion liquefied natural gas project in the country at a ceremony on Thursday, nearly five years after it was put on hold... ...
Why I Keep Buying More Shares of This Amazing High-Yield Dividend Stock for 2026
Yahoo Finance· 2026-01-28 16:20
TotalEnergies (NYSE: TTE) is a proven survivor in the oil patch. It is also an innovator that has started to include electricity production in its energy portfolio. The current geopolitical tension in Venezuela and elsewhere could cause some disruption to the energy market, but it won't stop me from continuing to buy TotalEnergies' stock. Energy prices have always been volatile While some theorists claim that Wall Street is efficient, the truth is that it can be highly emotional over short periods. That' ...
LNG buyers prioritising supply security over price, TotalEnergies executive says
Reuters· 2026-01-28 11:26
Core Insights - Global instability is leading liquefied natural gas (LNG) buyers to prioritize energy security over pricing considerations, as stated by an executive from TotalEnergies [1] Industry Summary - The current geopolitical climate is influencing LNG purchasing strategies, with a shift towards ensuring reliable energy supplies rather than focusing solely on cost [1] - TotalEnergies emphasizes the importance of energy security in the context of fluctuating global markets and potential supply disruptions [1]
TotalEnergies wins 800GWh renewable power supply contract with SWM
Yahoo Finance· 2026-01-28 08:31
TotalEnergies has entered into an agreement to provide 800 gigawatt-hours (GWh) of renewable electricity over a ten-year period to SWM’s three plants in France. The contract will cover the Papeteries de Saint Girons, PDM Industries and LTR Industries sites. TotalEnergies will source the electricity from around 50MW of its operational renewable assets in France. TotalEnergies Flexible Power & Integration senior vice-president Sophie Chevalier said: “We are delighted to support SWM in its decarbonisation ...
TotalEnergies Signs 10-Year Clean Power Deal With Paper Maker SWM in France
Yahoo Finance· 2026-01-28 04:00
TotalEnergies has signed a 10-year contract to supply 800 GWh of renewable electricity with a constant delivery profile to SWM, a major global paper and fiber-based materials producer. The agreement will cover roughly half of SWM’s electricity needs in France and begin in January 2026. The power will be delivered to three SWM facilities - Papeteries de Saint Girons, PDM Industries, and LTR Industries - using around 50 MW of TotalEnergies’ existing renewable generation assets in France. The structure of th ...
Mixed Futures Point to Cautious Start as Earnings and Fed Decision Loom
Stock Market News· 2026-01-27 11:07
U.S. stock futures are presenting a mixed picture this Tuesday, January 27, 2026, as investors navigate a busy week dominated by corporate earnings reports, a crucial Federal Reserve policy meeting, and fresh geopolitical developments. While technology-focused futures show upward momentum, broader market indicators suggest a more cautious approach in premarket trading.Premarket Activity and Index FuturesAs of early Tuesday, premarket trading indicates a divergence among the major U.S. indexes. Nasdaq 100 fu ...
TotalEnergies secures long-term extension for Libya’s Waha Concessions
Yahoo Finance· 2026-01-27 10:49
Core Viewpoint - TotalEnergies has secured an extension for the Waha Concessions in Libya until the end of 2050, aiming to boost production through revised fiscal terms and the development of the North Gialo field [1][2]. Group 1: Agreement and Extension - The extension of the Waha Concessions was signed by TotalEnergies' CEO Patrick Pouyanné during the Libya Energy & Economy Summit, with the presence of Libya's Prime Minister Abdul Hamid Dbeiba [1]. - The revised fiscal terms are designed to enhance production from the Waha Concessions, which currently yield approximately 370,000 barrels of oil equivalent per day (boepd) [2]. Group 2: Production Plans - The North Gialo field is a significant development under the new agreement, expected to increase production by 100,000 boepd [2]. - TotalEnergies has been present in Libya since 1956 and aims to increase Waha's production, starting with the North Gialo field development [5]. Group 3: Stake and Collaboration - The Waha Concessions are jointly held by Libya's state-owned NOC (59.16%), TotalEnergies (20.42%), and ConocoPhillips (20.42%), with operations managed by the NOC-owned Waha Oil Company [3]. - In November 2022, TotalEnergies and ConocoPhillips acquired an 8.16% stake in the Waha Concessions from Hess, increasing TotalEnergies' stake from 16.33% to 20.41% [6]. Group 4: Commitment and Social Responsibility - TotalEnergies signed an agreement with NOC in late 2019 to assist in the development of the Waha Concessions, committing $70 million upfront and additional contributions of $30 million each for future developments [7]. - The Waha Oil Company has successfully reduced gas flaring at the North Defa field by 20 million cubic feet per day through maintenance efforts [5].