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The Latest Breaking News from TotalEnergies

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

French unions dig in for pension battle with Macron

Is France back to its old ways?

Reuters

French court drops war crimes complaint against TotalEnergies

A French court has dismissed charges of war crimes complicity against French oil company TotalEnergies, accused of helping to produce fuel for Russian warplanes that have bombed Ukraine.

Radio France Internationale

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French refinery, metro strikes loom in clash over pension reform

France's CGT trade union on Thursday called for strikes in the refinery sector against plans to make people work longer before they can retire and Paris metro unions said they would do "everything they can" to stop the pension reform.

Reuters

Recession Coming? Don't Ask This Hot Fund's Managers

Want to know what the market will do in 2023? Is a recession coming? Don't ask EIC Value Fund's managers even though they're slaying the broad market.

Investors Business Daily

In Peru, Kichwa tribe wants compensation for carbon credits

Residents in Kichwa Indigenous villages in Peru say they fell into poverty after the government turned their ancestral forest into a national park, severely restricted hunting and allowed the sale of forest carbon credits to oil companies

The Independent UK

Scottish oil workers fear being stranded on rig for Christmas as flights scrapped

Hundreds of employees currently out in the North Sea may be forced to spend December 25 at work after their journey home was said to be cancelled due to bad weather.

Edinburgh Live

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Saudi Arabia, China to Implement Refining and Petrochemical Projects

Saudi Arabia and China intend to explore cooperation opportunities in refining and petrochemical projects after the significant energy companies signed memorandums of understanding (MoU) to implement several projects. Saudi Aramco, Chinese Petroleum and Chemical Corporation (Sinopec), and SABIC are exploring cooperation opportunities in refining and petrochemical projects in China and…

Asharq Al-Awsat

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

Aramco, TotalEnergies to Build $11 Bln Saudi Petrochemicals Plant

Saudi Aramco and TotalEnergies will join forces to build a new petrochemicals complex in Saudi Arabia, the two companies said in a joint statement on Thursday. The project involves investment of about $11 billion, of which $4 billion will be funded through equity by Aramco (62.5%) and TotalEnergies (37.5%), the…

Asharq Al-Awsat

TotalEnergies to Begin Drilling for Oil in Lebanon Next Year

The French company TotalEnergies will begin working towards exploiting Lebanon's Block 9 offshore gas project as of next year, announced caretaker Energy Minister Walid Fayad. The company said in a statement that it began mobilizing the teams in charge of drilling operations on Block 9, revealing that the call for…

Asharq Al-Awsat

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

France's TotalEnergies pulls out of Russian gas producer

French energy giant TotalEnergies says it will walk away from its stake in Russian natural gas producer Novatek and take a $3.7 billion loss

The Independent UK

TotalEnergies exits Russian gas firm's board, takes $3.7bn hit

French energy group TotalEnergies said Friday it was withdrawing from the board of Russian gas giant Novatek and taking a $3.7 billion hit in the wake of sanctions against Moscow.

Radio France Internationale

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France 24

Reuters reveals alleged 'secret abortion programme' run by Nigeria's army

In tonight's edition: Reuters journalists find evidence of a systematic, illegal abortion programme run by the Nigerian army. It says thousands of terminations have been carried out, often without women's consent. Also, could Uganda be turning the corner in its battle against Ebola? No new cases have been detected for…

Radio France Internationale

TotalEnergies in court over massive oil projects in Uganda, Tanzania

The French energy giant TotalEnergies appeared in a Paris court after years of delay in a case in which six NGOs accuse it of "failing in its duty of vigilance" on two massive oil drilling and pipeline projects in Uganda and Tanzania.

Reuters

Papua New Guinea PM Marape urges miners to go ahead with projects

Papua New Guinea Prime Minister James Marape on Monday urged mining investors to get on with developing their resources, pushing for more downstream processing in the country and more local employment.

Investors Business Daily

Dow Jones Turns Higher As Stocks Pare Losses; Solar Stocks Rise; Russia Oil Cap Set At $60; Tesla's First Semi Lands At PepsiCo's Door

Dow Jones industrials reversed higher in late trading; Tesla delivered its first cybertruck to Pepsi; solar stocks surged; the cap on Russian oil was put at $60 a barrel.

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Investors Business Daily

IBD 50: Energy Stock TotalEnergies Breaks Out On European Natural Gas Demand

Energy stock TotalEnergies broke out of a cup base after a strong quarter due to higher gas prices and European demand. Strong near-term outlook.

France 24

Multinationals opening new gas sites, despite climate change warnings

Although scientists keep insisting that the planet needs to move away from its dependence on oil, gas and coal to effectively combat climate change, hydrocarbon development projects continue to emerge. Several countries, cities and NGOs are calling for a non-proliferation treaty on fossil fuels.

Zenger

Israel Allows TotalEnergies And Eni To Search For Gas Offshore After Lebanon Deal

Israel signed agreement to begin exploring natural gas within the framework of a historic maritime border agreement with Lebanon

Radio France Internationale

Queues return to petrol stations as government and TotalEnergies cut fuel rebates

The fuel rebates put in place by the government and TotalEnergies are set to drop by 20 and 10 cents per litre respectively as of Wednesday, 16 November. Queues have formed again in front of certain service stations as motorists seek a last cut-price tankfull.

Al Jazeera

Israel signs agreement on gas field shared with Lebanon

Exploration in the Qana field is set to begin after Tel Aviv signed a framework agreement with the contractor.

The Guardian - UK

Long queues at French petrol stations as fuel subsidy is scaled down

Some pumps run dry on the final day before the rebate on price of petrol and diesel is cut

The Independent UK

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

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