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UNBELIEVABLE: 14 | History Defined

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

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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

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…

France 24

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.

Radio France Internationale

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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.

Reuters

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.

France 24

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

Zenger

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.

Radio France Internationale

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.

Al Jazeera

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 Guardian - 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

The Independent UK

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Radio France Internationale

TotalEnergies, ENI sign deal with Israel on gas field shared with Lebanon

French power operation TotalEnergies and Italian hydrocarbon company ENI have jointly signed a framework agreement with Israel to exploit a gas field shared with Lebanon, the French energy supplier said Tuesday.

Radio France Internationale

Fuel depot blockades

This week on The Sound Kitchen you’ll hear the answer to the question about the strike by French distribution depot workers at TotalEnergies and Esso-Exxon Mobil. There’s the bonus question and the “Listeners Corner” with Michael Fitzpatrick, “Music from Erwan”, and the new quiz question, too, so click on the…

The Guardian - UK

World’s ‘most potent greenhouse gas’ escaped during work on UK windfarm

More than 80 staff at £3bn Seagreen project, 27 km off Scotland’s Angus coastline, were forced to evacuate

Radio France Internationale

Uganda-Tanzania oil pipeline project a 'carbon bomb', analysis shows

The multibillion euro East African crude oil pipeline project, being financed by France's TotalEnergies and the China National offshore Company, will produce far more carbon emissions than claimed, new data shows.

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Radio France Internationale

France pushes industry giants to lower carbon footprint

As the Cop27 climate summit starts this weekend in Egypt, French President Emmanuel Macron has invited large French companies for a meeting to encourage them to accelerate the reduction of their carbon footprints. This comes as Greenpeace accuses French oil and gas company TotalEnergies of grossly underreporting its own emissions.

Radio France Internationale

Energy companies land huge profits as fuel prices skyrocket

BP said Tuesday that underlying third-quarter profit more than doubled on high commodity prices from a year earlier to $8.15 billion after the key energy producer Russia invaded Ukraine.

StockNews.com

3 Energy Stocks That Are Ready to Pop in Q4

The decision of oil supply cuts by OPEC+ could cause a supply squeeze in an already tight market and raise oil prices. Hence, investors might consider loading up on energy stocks that have gained significant momentum, TotalEnergies (TTE), Valero Energy (VLO), and Energy Transfer (ET) now. Read on….

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…

Asharq Al-Awsat

Rating Agencies Cite ‘Cautious’ Positive Outlook for Lebanon after Maritime Demarcation Deal with Israel

The conclusions of two international credit rating agencies agreed on the initial positive outlook for Lebanon and its economy following its signing of the US-mediated sea border deal with Israel. “The agreement is credit positive for Lebanon because it establishes the necessary geopolitical security conditions for international energy companies to…

The Guardian - UK

World close to ‘irreversible’ climate breakdown, warn major studies

Key UN reports published in last two days warn urgent and collective action needed – as oil firms report astronomical profits

Al Jazeera

Israel, Lebanon sign US-brokered maritime border deal

The agreement opens up the possibility for both countries to exploit reserves in the gas-rich Mediterranean Sea.

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