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The Latest Breaking News from TotalEnergies

France’s oil strikes push on as petrol station queues worsen

The country’s total refinery output has been reduced by more than 60% over the past two weeks

The Guardian - UK

TotalEnergies offer pay deal talks with unions to stop fuel depot blockades

Bosses at TotalEnergies said on Sunday they would bring forward annual pay talks with unions if they dropped a blockade of fuel depots and refineries that has led to a shortage of petrol supplies across France.

Radio France Internationale

TotalEnergies accelerates refinery wage talks as fuel supply shrinks

TotalEnergies on Sunday offered to bring forward wage talks, in response to union demands, as it sought to end a strike that has disrupted supplies to almost a third of French petrol stations and led the government to tap strategic reserves.

Reuters

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France's fuel shortage causes frustration for motorists, anxiety for government

Petrol pumps have been running dry in France as striking energy workers disrupt deliveries. As frustration mounts among motorists, businesses and beyond, President Emmanuel Macron has called for calm.

France 24

France struggles with refinery strikes, but not planning petrol rationing

More than a fifth of France's service stations were grappling with supply problems on Saturday, the energy ministry said, as strikes at refineries run by oil majors TotalEnergies and ExxonMobil continued to strain drivers' nerves.

Reuters

Lebanon Years Away From Gas Riches Despite Israel Deal, Analysts Say

Lebanon is nearing agreement with Israel over a maritime dispute involving offshore gas fields, but the cash-strapped country still faces an uphill struggle towards unlocking potential hydrocarbon riches, analysts said. "A deal would mark one step forward but it does not mean that Lebanon has become a gas- or oil-producing…

Asharq Al-Awsat

France taps strategic fuel reserves as refinery strike grinds on

France has tapped its strategic fuel reserves to resupply petrol stations that have run dry, the government said on Wednesday, amid strikes by workers at refineries and depots that have stunted production and blocked deliveries.

Reuters

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Ugandan opposition figure Bobi Wine objects to oil pipeline

Ugandan opposition figure Bobi Wine says that a planned pipeline to export oil is likely to entrench the long rule of President Yoweri Museveni

The Independent UK

French refinery strike continues at four sites for eighth day

Strikes have disrupted TotalEnergies' oil products refining and delivery for an eighth day, with four of its French plants hit by continuing industrial action by workers, a CGT trade union representative told Reuters.

Reuters

Seventh day of strikes disrupts French refineries

Strikes are disrupting TotalEnergies' oil products refining and delivery for a seventh day at four sites throughout France, a CGT trade union representative told Reuters on Monday.

Reuters

Drone activity observed near Total offshore installation in North Sea

TotalEnergies said on Thursday it had observed "unauthorized drone activity" near one of its offshore oil and gas installations in the North Sea.

Reuters

A mountain of debt and soaring inflation: Challenges await Italy's Meloni

At the head of a right-wing coalition, far-right Brothers of Italy leader Giorgia Meloni is gearing up to become Italy's new head of government. On the economic front, she'll be faced with rising consumer prices as well as the ongoing issue of national debt. Meloni has promised to renegotiate her…

France 24

TotalEnergies to Invest $1.5 bln in Qatar

France’s TotalEnergies has signed a $1.5 billion investment agreement in expanding Qatar’s natural gas production as Europe rushes to find new energy sources to replace Russian supplies. TotalEnergies Chief Executive Patrick Pouyanne, who traveled to Doha for the agreement signing, said the deal came at a "perfect time" to help…

Asharq Al-Awsat

TotalEnergies invests $1.5bn in Qatar gas expansion project

TotalEnergies to invest $1.5bn in Qatar’s North Field South gas project as Europe scrambles to find new energy sources.

Al Jazeera

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Radio France Internationale

France's TotalEnergies invests another $1.5 bn to expand Qatar gas production

TotalEnergies has signed a further $1.5 billion investment in the world's largest natural gas field – "perfect timing" says CEO Patrick Pouyanne as Europe searches for new energy sources to replace Russian supplies.

Asharq Al-Awsat

‘French Spiderman’ Climbs Paris Skyscraper to Mark Turning 60

Alain Robert, the free climber dubbed the "French Spiderman", scaled a 48-storey skyscraper in Paris on Saturday, fulfilling a goal he had set for himself once he reached the age of 60. Dressed in red, Robert raised his arms aloft as he reached the top of the 187-meter (613-foot) Tour…

Benzinga

TotalEnergies Whale Trades For September 16

A whale with a lot of money to spend has taken a noticeably bearish stance on TotalEnergies. Looking at options history for TotalEnergies (NYSE:TTE) we detected 13 strange trades.

France 24

EU Parliament backs resolution criticising TotalEnergies project in Uganda

The EU raises serious questions about the actions of French energy giant TotalEnergies in Uganda, with MEPs saying the group's oil pipeline project has led to evictions and arrests. Also in this edition: the United Nations publishes a report shedding light on increased human rights violations in Burkina Faso. Finally,…

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The Guardian - UK

Oil and gas firms’ green investments fail to match promise of publicity – study

BP, Chevron, ExxonMobil, Shell and TotalEnergies spend $750m a year burnishing climate credentials but only 12% of capital on low-carbon development

StockNews.com

3 Energy Stocks That Make Great Buys Even When the Market Swings

The energy sector is facing volatility due to oil price swings amid geopolitical issues. However, oil prices might rise due to potential OPEC output cuts. Hence, investing in energy stocks TotalEnergies (TTE), Valero Energy (VLO), and APA Corporation (APA) might be wise. Read more….

Reuters

Lebanon's President: TotalEnergies could help Lebanon in maritime demarcation with Israel

Lebanon's President Michel Aoun said on Tuesday that France-based oil and gas company, TotalEnergies, could help his country solve maritime demarcation issues with Israel, according to a post from the presidency office on Twitter.

Asharq Al-Awsat

Aoun: TotalEnergies Could Help Lebanon in Maritime Demarcation With Israel

Lebanon's President Michel Aoun said on Tuesday that France-based oil and gas company, TotalEnergies (TTEF.PA), could help his country solve maritime demarcation issues with Israel, according to a post from the presidency office on Twitter. Aoun would make "contacts to help in this regard, will increase communications this month", the…

Radio France Internationale

Pressure grows on France to levy windfall tax on ‘super profits’

As ordinary French people fret over the rising cost of living, the government is under pressure to levy a windfall tax on energy firms that have reaped the benefits of higher oil and gas prices pushed up by the war in Ukraine. While the government is divided, PM Elisabeth Borne…

Reuters

Belgian motorists beat fuel inflation with cross-border trips to France

French government support for gasoline prices has led to long queues of cars from Belgium queuing at gas stations just over the border with France where gas can be more than 30 euro cents ($0.30) per litre cheaper.

Reuters

Zelenskiy advisers ask TotalEnergies to reject Russia 'blood money' dividend

Two advisers to Ukrainian President Volodymyr Zelenskiy have asked French oil major TotalEnergies to reject a 440 million euro ($438.02 million) "blood money" dividend from one of its Russian holdings or to spend the money on Ukrainian reconstruction.

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