TotalEnergies said on Wednesday it had agreed to sell oil assets in the West Ekofisk, Albuskjell and Tommeliten Gamma fields off the coast of Norway. ...

Vaar Energi , majority owned by Italy's Eni , said on Wednesday it has agreed to buy TotalEnergies' stake in Norway's Ekofisk PPF oilfield, lifting Vaar's stake to 52.3% from 12.4%. ...

TotalEnergies SE (NYSE:TTE) is included among the 12 Best LNG Stocks to Buy According to Hedge Funds. TotalEnergies (TTE): Among the Best LNG Stocks to Buy Now TotalEnergies SE (NYSE:TTE) is currently the third-largest LNG operator in the world, with sales of 40 metric tons in 2024. The company is aiming to consolidate its integrated position across the entire LNG value chain, with its LNG volumes (excluding Russian volumes and spot volumes) expected to grow by 50% between 2023 and 2030. TotalEnergies S ...

Core Insights - TotalEnergies has completed the sale of a 50% stake in a 270 MW portfolio of wind and solar projects in France to Eiffel Investment Group, valuing the assets at €265 million [1] - The transaction aligns with TotalEnergies' Integrated Power business model, allowing the company to retain a 50% stake and continue operating while monetizing part of its renewable assets [2] - The deal supports TotalEnergies' ambition to scale renewable capacity while maintaining capital discipline, with a target of 35 GW of installed renewable capacity by year-end 2025 [4] Company Strategy - TotalEnergies aims for a 12% profitability in its power segment through this transaction, which helps derisk projects and recycle capital [2] - The company plans to deliver more than 100 TWh of net electricity production by 2030, positioning itself as a leading integrated power provider [4] Industry Trends - The transaction reflects a growing trend among oil majors to share ownership of renewable assets with financial investors, enhancing balance sheet flexibility while achieving energy transition goals [5] - Competitors such as bp, Shell, and Eni have also pursued similar divestment models in Europe and beyond [5] Partner Profile - Eiffel Investment Group, managing €7 billion, specializes in energy transition financing and has expanded its focus on sustainable infrastructure investment across Europe, the U.S., and the Middle East [3]

Core Viewpoint - RBC Capital upgraded TotalEnergies to "Outperform" and adjusted the price target from €75 to €70, indicating positive sentiment towards the company's future performance [1][6] Company Strategy - TotalEnergies is acquiring a stake in an onshore gas field in the United States, demonstrating its commitment to expanding energy operations in the region [2][6] - The company is reducing its capital expenditures by $1 billion annually, reflecting a trend towards financial prudence and a strategy to balance growth with cost management [3][6] Market Performance - TotalEnergies' stock is currently priced at $59.63, showing a 3.39% decrease from the previous price, with fluctuations between $59.22 and $62.29 on the same day [4] - Over the past year, the stock reached a high of $69.79 and a low of $52.78, indicating market volatility [4] - The company has a market capitalization of approximately $134.5 billion, with a trading volume of 355,981 shares today, reflecting strong investor interest [5]

PARIS--(BUSINESS WIRE)--In line with its renewables business model, TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces the completion of the sale of 50% of a 270 MW wind and solar portfolio in France to investment funds managed by Eiffel investment Group. This transaction values the portfolio at €265 million. Following this transaction, TotalEnergies retains a 50% stake and remains the operator of the assets, from which it offtakes and markets most of the production. TotalEnergies' Integr. ...

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I analyze oil and gas companies like TotalEnergies SE and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign up ...

French oil major TotalEnergies on Tuesday said that it is selling a 50% stake in a 270 megawatt portfolio of French wind and solar assets to investment fund manager Eiffel Investment Group. ...

Core Viewpoint - TotalEnergies has agreed to acquire a 49% interest in natural gas-producing assets in the Anadarko Basin, Oklahoma, enhancing its natural gas production capabilities in the US [1][3]. Group 1: Acquisition Details - The assets are owned by Continental Resources and are connected to the Henry Hub through existing midstream infrastructure [1]. - The expected gross production potential of these assets is approximately 350 million standard cubic feet per day (mscf/d) by 2030, with the ability to maintain this production level over the long term [1]. - TotalEnergies anticipates securing around 150 mscf/d of gas production from this acquisition [2]. Group 2: Strategic Implications - This acquisition complements TotalEnergies' previous acquisitions in the Eagle Ford Basin, specifically the Dorado and Constellation assets [2]. - The company also operates technical production of about 500 mscf/d in the Barnett, further solidifying its position in the US natural gas market [2]. - TotalEnergies aims to enhance its integrated LNG position with low-cost and low-emission gas production through this acquisition [3]. Group 3: Partnerships and Other Acquisitions - TotalEnergies is partnering with Continental Resources, recognized for its technical expertise and operational excellence in the Anadarko Basin [3]. - In addition to this acquisition, TotalEnergies has also secured a 25% interest in Block 53 offshore Suriname and a 25% working interest in a portfolio of US offshore exploration leases from Chevron [4].