TotalEnergies SE is a global energy company that engages in a diverse range of activities, including the exploration and production of oil and natural gas, the development of renewable energy sources, and the manufacturing and distribution of a variety of energy products. The company focuses on transitioning to sustainable and low-carbon energy solutions while maintaining its role in traditional energy markets. With a commitment to innovation and environmental responsibility, TotalEnergies seeks to meet the energy needs of a growing global population while reducing its carbon footprint and contributing to the fight against climate change. Read More
TotalEnergies SE (NYSE: TTE) reported Q2 2025 earnings below expectations due to lower commodity prices and maintenance. But maintained shareholder returns.
TotalEnergies (NYSE:TTE) is a French company with over 100 years of experience in the oil industry and a presence in more than 130 countries. It is considered one of the major oil companies, with a leading position in the upstream, midstream, and downstream oil segments.
While crude oil transport has not been affected directly, concerns remain that Iran could move to block the Strait of Hormuz, a crucial passage for oil tankers.
The company stated that the deal encompasses federal leases spanning approximately 1,000 square kilometers and is 175 to 330 kilometers from the coast.
TotalEnergies (TTE) acquires 8 solar projects (350 MW capacity) and 2 battery storage projects (85 MW capacity) from Low Carbon, to be operational by 2028.
Shell Nigeria Exploration acquired TotalEnergies' 12.5% interest in OML 118 PSC for $510 million, increasing its ownership to 67.5%. This will boost Shell's production and growth in its Upstream portfolio, with the Bonga North project expected to contribute to sustained liquids production. Completion of the deal is expected by the end of the year. SHEH and ABLD are ETFs that provide exposure to Shell.
TotalEnergies (NYSE: TTE) to sell 50% stake in PGB to HitecVision for €190M. PGB is a leading biogas producer in Poland with plans for expansion and decarbonization.
