Tag: Total
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Total Energy chief clashes with French counterparts over Europe’s energy transition (video)
Read in this article The head of Total Energy warns of a possible shortage of gas next winter The head of Total Energy expresses his concerns about stopping US liquefied gas exports French energy chiefs offer different visions for the energy transition The cost of renewable energy raises a crisis between the head of Total…
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Algeria reveals the reasons for the withdrawal of “Total” from the huge petrochemical project
The CEO of Sonatrach in Algeria, Toufic Hakkar, announced the reasons that prompted the French energy company, Total Energy, to withdraw from the giant petrochemical project, which is located in the Arzew industrial zone, which was contracted today, Sunday, June 11 (2023), between the two companies. Algeria’s Step Polymers, and British Petrofac. Hakkar said, on…
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Total Energy complains about the greed of contractors for the LNG project in Mozambique
Total Energy, the world’s leading oil and gas producer, is still seeking to resume the development work of the liquefied natural gas project in Mozambique, amid challenges surrounding costs, after lifting the force majeure status on the project. The French company said it was facing cost disputes with the contractors on the project. This complicated…
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Total Energy’s business results in the first quarter of 2023 are declining significantly
The results of Total Energy’s business in the first quarter of 2023 showed a significant decline, which the French energy company attributed to the recent decline in oil and gas prices. Adjusted net income decreased by 27% year-on-year; To record $6.541 billion, compared to $8.977 billion in the first quarter of 2022. Net cash flow…
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Total Energy consolidates its oil discoveries off the coast of Namibia
The French company Total Energy is preparing to launch a multi-well drilling program off the coast of Namibia, to enhance its oil ambitions in the country, after discovering the “Venus-1X” well early last year (2022). The British company, Impact Oil & Gas, one of Total’s partners in the offshore area of Namibia, announced that the…
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The UAE’s ADNOC completes the acquisition of half of Total stations in Egypt
The Emirati company, ADNOC, has completed the procedures for acquiring half of the Total Energy stations in Egypt, as part of its plan to expand regionally. ADNOC Distribution – the arm of the Abu Dhabi National Oil Company in fuel trading and distribution – announced today, Wednesday, February 15, that it had completed its acquisition…
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Mauritania grants Total Energy the rights to explore for oil and gas in the coastal basin
Mauritania granted Total Energy the rights to explore for oil and gas in block C15 in the coastal basin, as part of its strategy to develop its hydrocarbon resources. The Ministry of Petroleum, Minerals and Energy said that the Council of Ministers approved, during its meeting yesterday, Thursday, in the city of Rosso, a draft…
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Fears of fuel shortages in France after halting Total Energy shipments
Fears of a fuel shortage have been renewed in France, due to the new nationwide strike today, Tuesday (31 January), against pension reform. As the strike led to a decrease in electricity production and the cessation of deliveries from Total Energy sites, according to information seen by the specialized energy platform, and what was published…
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Total Energy is accused of “greenwashing”…and the French company is responding
It appears that accusations of “greenwashing” will continue to haunt France’s Total Energy, which has repeatedly asserted that it is on track to achieve carbon neutrality by 2050. The giant energy company has been accused of “greenwashing” since December 2021, as part of an investigation into “misleading commercial practices” in the field of the environment,…
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Transforming methanol into sustainable aviation fuel led by the UAE’s Total and Masdar
A global coalition of major global and regional energy companies has begun moves to endorse a new pathway to turn methanol into a sustainable jet fuel. Today, Wednesday, January 25 (2023), an alliance comprising the UAE’s Masdar companies, France’s Total Energy, Germany’s Siemens Energy, and Japan’s Marubeni announced the start of procedures for obtaining the…
