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Bloomberg· 2025-10-07 14:28
Chevron appointed Kevin McLachlan from TotalEnergies to lead its global exploration team, which is undergoing a revamp after several high-profile failed attempts at discovering oil and gas https://t.co/3I5214jqzw ...
Oil price fall turns up the heat on Big Oil's bloated payouts
Yahoo Finance· 2025-10-07 07:43
(Corrects dateline to Oct 7, not Oct 6. No change to text) By America Hernandez and Stephanie Kelly PARIS/LONDON -The five biggest global oil majors are moving to cut costs, jobs and share buybacks as falling oil prices threaten to make shareholder payouts unsustainable without increasing debt, analysts said. Chevron, ExxonMobil, BP, Shell and TotalEnergies have pledged high returns for the past decade to avert an investor exodus as fossil fuels lost their appeal. But maintaining those generous payou ...
Gas projects and renewables drive Mozambique’s energy strategy
African Business· 2025-10-07 03:00
With the $20bn onshore liquefied natural gas (LNG) project in northern Mozambique expected to resume development soon, the energy sector is seen as a significant catalyst for ramped-up growth in the country.Even though the security situation in the Cabo Delgado area in which TotalEnergies is leading gas developments remains volatile, the French energy giant has announced that it plans to resume work at the site in late 2025 after a four-year delay.The suspension of work four years ago followed attacks by Is ...
First Phase Of Game-Changing Iraq Project To Start Early Next Year
Yahoo Finance· 2025-10-06 22:00
By far the most geopolitically important of the four projects is that which will capture associated gas. This might sound overblown to some outside the energy sector, or even within it, but because Iraq did not address this issue seriously earlier it was unable to use the gas for its own domestic power generation. This meant that for years that it has relied on neighbouring Iran to bridge that gap, which it did through increasingly large imports of gas and electricity. This reliance on Tehran for its power ...
TotalEnergies, Veolia Partner To Drive Low-Carbon Future
Yahoo Finance· 2025-10-06 10:48
Core Insights - TotalEnergies SE and Veolia Environnement have signed a memorandum of understanding to enhance their partnership focused on energy transition and circular economy [1][2] - The collaboration aims to leverage TotalEnergies' expertise in methane emissions reduction and low-carbon energy solutions alongside Veolia's capabilities in water resource management and waste recovery [1][2] Group 1: Partnership Objectives - The agreement emphasizes both companies' commitment to reducing greenhouse gas emissions and water consumption while fostering innovation across various industries [2] - Veolia plans to utilize TotalEnergies' AUSEA drone technology for methane detection at landfills, aiming to capture 80% of landfill methane by 2032 [3] - TotalEnergies aims to reduce freshwater use by 20% in water-stressed areas by 2030 with Veolia's assistance [3] Group 2: Collaborative Projects - The companies intend to work on wastewater reuse projects at TotalEnergies sites and repurpose municipal wastewater for industrial applications [4] - Veolia's treatment technologies will be applied to enhance water efficiency in these collaborative efforts [4] Group 3: Market Reaction - TotalEnergies shares experienced a slight decline of 0.12%, trading at $59.63 in premarket [5]
Nicola Mavilla Is Appointed Senior Vice-President Exploration of TotalEnergies
Businesswire· 2025-10-06 08:00
PARIS--(BUSINESS WIRE)--TotalEnergies announces the appointment of Nicola Mavilla as Senior Vice President Exploration of the Company, with effect from 1st November 2025. Nicola Mavilla is replacing Kevin McLachlan, who held this position since 2015. Nicola Mavilla has 25 years of experience in the oil and gas industry and a strong track record in leading successful exploration activities. He joined Eni in 2002 and served as exploration manager in Libya and Norway, VP exploration for West Afric. ...
TotalEnergies and Veolia Join Forces for the Energy Transition and the Circular Economy
Businesswire· 2025-10-06 07:07
PARIS--(BUSINESS WIRE)--Long-standing partners TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and Veolia have signed a memorandum of understanding for further cooperation in several key areas of energy transition and the circular economy, in line with their respective approaches to reduce their greenhouse gases emissions and water footprint. This cooperation will benefit the entire industry through the scaling up of innovative processes and the advancement of research into future-oriented challenges. The tw ...
TotalEnergies: LNG, Portfolio Shifts And Capex Discipline Create Opportunity (NYSE:TTE)
Seeking Alpha· 2025-10-05 11:46
Back when I first covered TotalEnergies (NYSE: TTE ), I mentioned how they are “ Poised To Benefit From Future Tailwinds ” and highlighted their strong focus on natural gas and electricity, as well as aAs of 2025, I've got over 10 years of researching companies. In total, throughout my investing life, I estimate that I researched (in depth) well over 1000 companies, from commodities like oil, natural gas, gold and copper to tech like Google or Nokia and many emerging market stocks, which I believe could hel ...
TotalEnergies: LNG, Portfolio Shifts And Capex Discipline Create Opportunity
Seeking Alpha· 2025-10-05 11:46
Back when I first covered TotalEnergies (NYSE: TTE ), I mentioned how they are “ Poised To Benefit From Future Tailwinds ” and highlighted their strong focus on natural gas and electricity, as well as aAs of 2025, I've got over 10 years of researching companies. In total, throughout my investing life, I estimate that I researched (in depth) well over 1000 companies, from commodities like oil, natural gas, gold and copper to tech like Google or Nokia and many emerging market stocks, which I believe could hel ...
Global Economic Crosscurrents: Google, Vietnam Face Challenges, TotalEnergies Resumes LNG Project
Stock Market News· 2025-10-03 04:08
Group 1: Google and NBCUniversal - Google and NBCUniversal have reached a multi-year agreement to keep NBCUniversal's full portfolio of networks on YouTube TV, ensuring continued access to popular shows and channels for subscribers [2][9] - The deal includes the availability of NBCUniversal's Peacock streaming service through YouTube's Primetime Channels and extends its presence across Google's Android platforms [3][9] Group 2: Vietnam's Economic Situation - Vietnam's economy is facing significant challenges due to global economic uncertainty, with the government prioritizing macroeconomic stability and aiming for an 8% growth target this year [4][9] - The State Bank of Vietnam is urging banks to reduce lending rates to alleviate financial pressure on businesses and households, while directing credit flow towards priority sectors [5][9] Group 3: TotalEnergies and Mozambique LNG Project - TotalEnergies is set to resume its $20 billion liquefied natural gas project in Mozambique, with the government confirming that necessary security conditions have been met [6][9] - The project is expected to have an annual production capacity of 13 million metric tons of LNG and is now projected to come online in 2029, five years later than initially planned [7][9]