TotalEnergies sells its Brunei subsidiary to Hibiscus Petroleum for $259 million, aligning with their strategy to optimize portfolio and focus on growth areas.
TotalEnergies reportedly explores potential cross-listing in the US and Europe, aiming to expand investor access while maintaining presence in European markets.
TotalEnergies SE and SINOPEC have signed a strategic cooperation agreement to develop sustainable energy solutions, including sustainable aviation fuel.
TotalEnergies reportedly plans to finish solar project and gas project in Iraq in 2025, to produce 50 mcf/d in Iraq's gas project. TotalEnergies aims to boost energy production.
TotalEnergies reported $2.14 adjusted EPS, 2% decrease in hydrocarbon production, 4% decline in E&P and 6% increase in Integrated LNG, and $11.5 billion adjusted EBITDA. The company expects higher utilization rate and LNG selling price in Q2.
TotalEnergies SE has signed a deal with Trident Energy for purchase and sale transactions in Congo, increasing its stake in the Moho license and selling its interests in the Nkossa and Nsoko II licenses.