TotalEnergies claims to be most profitable and sustainable supermajor of 2023
TotalEnergies’ chief executive Patrick Pouyanné told investors his firm was “the most profitable” major of 2023 while implementing his energy transition strategy.
Reclaim Finance
Targeting Congolese exploration, Greenpeace pursues insurers
The report finds that coverage for the oil blocks would be “prohibitively expensive” for any winning companies. Congo lacks the capacity domestically to provide insurance.
TotalEnergies AGM: What are climate shareholders seeking?
TotalEnergies will face two climate-related resolutions at its annual shareholder meeting on Friday – but what is it that activist investors want?
Market says go for LNG, climate NGOs says stop
As COP27 continues apace, the slew of demands for more – or less – hydrocarbon investments is mounting.
European Commission backs gas, nuclear for energy transition
The European Commission has confirmed that some gas and nuclear resources will be acceptable in the energy transition.
Activists take aim at oil and gas insurance, following coal squeeze
Just as insurers have fled the coal industry, so are they coming under pressure to turn against oil and gas projects.
AXA opts out of role in TotalEnergies’ EACOP
AXA will not support TotalEnergies’ East African Crude Oil Pipeline (EACOP), the insurer told the StopEACOP alliance.
Total shareholders back company climate plans
Shareholders voting at Total’s AGM approved the company’s climate resolution, despite environmental NGOs warning the plan falls short.
ESG finance poses risks but offers plenty of sustainable opportunities
Everyone you talk to agrees environmental, social, and governance (ESG) is critical to finance. Where people differ, though, is how best to achieve the goals this timely initialism sets out to capture.
French banks disavow Total’s EACOP plans
Three French banks have committed not to provide project financing for the Total-led East African Crude Oil Pipeline (EACOP).
Total says Reclaim Finance, Greenpeace report contained numerous inaccuracies and falsehoods
Energy giant Total said today that a report into its climate commitments contained “numerous inaccuracies and falsehoods”.
Banks targeted in StopEACOP campaign
As a final investment decision (FID) looms on Uganda’s oil plans, opposition is targeting financial sources for the export pipeline.