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The Latest Breaking News from Total

Prax unveils £300m carbon capture plan for Lindsey Oil Refinery

Humber proposal will support the cleaning up of the UK's most polluting industrial cluster

Birmingham Post

ONGC, TotalEnergies plan joint venture

Talking of the tie-ups and joint ventures, Rawat said apart from Total, the company is also looking for tie-ups with other major players in exploration and production, as well as carbon capture, among others

Livemint

New offshore wind farms herald further Humber jobs boom as lease agreements sealed for near North Sea sites

4.5GW of additional capacity set to be built off the Yorkshire and Lincolnshire coast

Birmingham Post

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Former Iran president's son freed after seven years

Tehran (AFP) - A son of former Iranian president Akbar Hashemi Rafsanjani has been freed after serving more than seven years of a 10-year jail sentence for fraud, Iranian media reported Wednesday.

AFP

Hundreds of jobs as major development approved for old Total Fuel site in Colwick

New industrial units will be built

Nottingham Post

Hundreds of new jobs likely if Colwick industrial plans given go-ahead

Plans are recommended for approval at the former Total fuel site

Nottingham Post

Key step forward on 'unexciting' £25m plan for former Total Fuel site in Colwick

The flattened former Total fuel site is off Colwick Loop Road and plans are recommended for approval

Nottingham Post

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How Putin’s alleged ‘business associate’ made $400m from a major Russian gas deal

French oil group Total writes off Novatek shareholding as Guardian investigation raises questions over ties to Kremlin and ownership of superyacht used by Russian president

The Guardian - UK

TotalEnergies to ‘gradually withdraw’ from Russian investments

World’s fifth-largest oil firm finally bows to pressure after invasion of Ukraine, removing representatives from Novatek board

The Guardian - UK

TotalEnergies cuts North Sea investment over UK windfall tax

London (AFP) - French company TotalEnergies will cut North Sea oil and gas investment by 25 percent next year after the UK government extended a windfall tax on energy firms.

AFP

Total to launch sea exploration after Lebanon-Israel deal

French oil giant Total says it will soon launch exploration activities in search for gas in the Mediterranean Sea off Lebanon’s coast, following last month’s Lebanon-Israel maritime deal

The Independent UK

Prax looks towards cleaner fuels and methods with revenues of £4.6b in first year of refinery operations

Lindsey Oil Refinery was taken on in early 2021 with a £195m loss turning to a £3m profit

Birmingham Post

Pressure grows on Jeremy Hunt to extend windfall tax

Official figures show energy giants have paid £2.8bn in first four months of levy

Evening Standard

Two-thirds of US money for fossil fuel pours into Africa despite climate goals

Joe Biden will fly to Africa to attend the Cop27 talks in Egypt but the US funnels billions to dirty projects in the continent

The Guardian - US

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Asharq Al-Awsat

QatarEnergy Seeks to Acquire 30% stake in Lebanon's Offshore Exploration Area

QatarEnergy is in talks with the Lebanese government to acquire a 30 percent stake in an offshore exploration area and is also negotiating with TotalEnergies and Eni in this regard, announced CEO Saad al-Kaabi. Two sources told Reuters last week that TotalEnergies and the Lebanese government have reached a deal…

AFP

Energy giants' billions renew windfall tax debate

Paris (AFP) - The billions in profits announced by TotalEnergies and Shell on Thursday have revived the debate over windfall taxes on the thriving energy giants.

The Independent UK

TotalEnergies income hits $6.6 billion despite Russia loss

France’s TotalEnergies has reported third-quarter net income of $6.6 billion despite losses from pulling out of a venture in Russia

AFP

TotalEnergies's 'superprofit' renews windfall tax debate

Paris (AFP) - TotalEnergies said Thursday surging global oil and gas prices helped it post a massive jump in profits in the third quarter as France is riven over taxing windfall profits of energy companies.

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The Independent UK

Lebanese MP: Ukraine war sped up border deal with Israel

A prominent Lebanese legislator allied with the militant Hezbollah group says the war in Ukraine and rising demand for natural gas around the world has helped speed up a U.S.-mediated maritime border deal between Lebanon and Israel

AFP

French fuel shortages spark warnings as strike hardens

Paris (AFP) - Striking French refinery workers vowed Friday to pursue blockades after spurning a pay offer from industry leader TotalEnergies, prompting alarm over spreading fuel shortages ahead of broader protests in the coming days.

Al Jazeera

What to know about the Israel-Lebanon maritime border deal

The agreement opens the door to offshore energy exploration, but several sticking points remain.

The Independent UK

War in Ukraine: NGOs file complaint against TotalEnergies

A French and a Ukrainian nongovernmental organization have filed a complaint for alleged “complicity in war crimes” against TotalEnergies

AFP

French fuel shortages take toll as strike standoff hardens

Paris (AFP) - Striking French refinery workers vowed Friday to maintain their blockades after rejecting a pay offer from oil giant TotalEnergies, raising the spectre of worsening fuel shortages ahead of a general public-sector strike next week.

AFP

Lebanon-Israel maritime border deal: what do we know?

Beirut (Lebanon) (AFP) - Lebanon and Israel said they have struck an "historic" deal over a maritime border dispute involving offshore gas fields after years of US-mediated talks, in a step that facilitates hydrocarbon production.

The Guardian - UK

French ministers urge oil giant to raise wages as strikes continue

One in three petrol stations struggling for fuel as striking workers call for share of oil companies’ high profits

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