Yahoo Financeยท2025-10-06 10:48Core 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]