Couche-Tard to buy TotalEnergies assets for $3.3 billion
Canadian convenience-store operator Alimentation Couche-Tard Inc. agreed to buy almost 2,200 gasoline stations in Europe from TotalEnergies for €3.1 billion ($3.3 billion).
TotalEnergies
Wales gives green light to first floating wind project
The Welsh Government has granted consent for Wales’ first floating windfarm, Erebus, with high hopes the project will secure a CfD as part of the 2023 procurement round.
Woodside taps former TotalEnergies E&P boss in board reshuffle
Woodside Energy has announced a series of changes to its board, taking in a capital markets expert and a former Total executive to replace two retiring members.
Total calls time to FEED at low-carbon Papua LNG
“The Marape-Rosso government places high priority on the delivery of Papua LNG project, we have an improved deal for our people, and improved contribution of our national contractors and work force.”
Buy now, pay later: Supermajors set to continue record share repurchases
A year of high commodity prices and record profits for oil and gas majors has many questioning what to do with all their cash - with increasing amounts returned to investors via buybacks.
Video: Footage shows moment Storm Otto rips blades off helicopter
Footage has emerged showing the moment powerful winds from Storm Otto ripped the blades off a North Sea helicopter.
Cepsa sells down Abu Dhabi interests to Total
Cepsa said the sale was intended to allow it to focus on its Positive Motion strategy. This will make Cepsa a leader in sustainable mobility, biofuels and green hydrogen in Spain and Portugal, it said.
WBHO raises prospect of return to Mozambique LNG this year
Earlier this month, CEO and chairman Patrick Pouyanné visited Cabo Delgado and announced the appointment of a human rights rapporteur, Jean-Christophe Rufin.
Pictures: Storm Otto helicopter towed through Aberdeen after blades snap
Onlookers in Aberdeen were treated to an unusual sight this week as a helicopter, whose blades were snapped during Storm Otto, was towed through the city.
TotalEnergies safety boss among speakers at OEUK HSE conference
Offshore Energies UK (OEUK) has unveiled the line-up for its upcoming HSE conference in Aberdeen.
Tanzania approves EACOP construction as protests target financiers
"We urge Standard Bank and SMBC to reconsider their involvement in the East African Crude Oil Pipeline,” said Baraka Lenga, climate change activist based in Tanzania.
Update: New images show damage to stranded heli on Elgin platform after blades snap during Storm Otto
A helicopter has been left stranded onboard TotalEnergies’ Elgin platform after storm winds ripped off several of its rotor blades.
TechnipFMC wins Girassol life extension work
Total discovered Girassol in 1996 and began producing within five years. The field celebrated its 20-year anniversary in 2021.
Supermajors look to ‘value over volume’ as upstream capex plummets
Despite record cash generation, supermajors are investing $100bn less in upstream capex than a decade ago as low-cost, low-emissions projects take priority.
Turbine installation work paused at Scotland’s largest offshore wind farm
Work to fit the remaining turbines at Scotland’s largest offshore wind farm has paused, the developer has confirmed.
TotalEnergies puts Adani hydrogen plan on hold until audits over
French energy giant TotalEnergies put a multi-billion dollar plan to produce green hydrogen with Adani Group on hold, pending audits of the Indian conglomerate accused of fraud by a US investor.
Chevron sells Myanmar gas assets to Canada’s MTI Energy
Chevron slammed by NGO's for selling its Myanmar assets to Canada's MTI Energy in a deal seen to benefit the military junta.
Downstream props up TotalEnergies’ profit machine
The French supermajor said it expected to pay $400 million under the UK Energy Profits Levy (EPL) in the fourth quarter, bringing the full-year impact of the windfall tax to an expected $1bn.
Russian gas giant Novatek to delist in London
Novatek (LON: NVTK), Russia’s second largest gas producer, has announced plans to delist from the London Stock Exchange (LSE).
Total calls in experts to assess Mozambique LNG return
The head of Total visited Afungi industrial site, the resettlement village of Quitunda and the towns of Palma and Mocimboa da Praia. It was an attack on Palma in March 2021 that halted Mozambique LNG.
OML 130 drilling faces legal battle, threat to seize Noble rig
“Our rig is still available,” a Palmeron official said. “We believe the contract should be ours. If we do it, we would be the first local contractor in Africa to do drilling. We want the IOCs and the world to encourage us,” he continued.
TotalEnergies charts $3.1bn Adani exposure
TotalEnergies (PAR:TTE) has provided an update on its joint ventures with Adani Group, after a rout of the latter’s stock has left its financial health in question.
Upstream M&A in Southeast Asia: will the oil and gas majors divest in 2023?
Will 2023 see the majors, including ExxonMobil, Chevron, Shell, BP, ConocoPhillips, TotalEnergies, and Eni, divest upstream oil and gas assets in Southeast Asia?
Norway’s wealth fund cuts big oil holdings in profit taking move
Norway’s $1.3 trillion sovereign wealth fund took profit on the world’s biggest oil and gas companies after a run up in energy prices in 2022.
2022 best year in a decade for new global oil and gas discoveries, says WoodMac
Last year was a bumper one for the global oil and gas exploration sector as it enjoyed its strongest 12 months in more than a decade.