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The Latest Breaking News from TotalEnergies

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

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

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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…

Radio France Internationale

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

The Guardian - UK

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.

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

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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.

Radio France Internationale

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….

StockNews.com

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…

Asharq Al-Awsat

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

The Guardian - UK

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.

Al Jazeera

‘Monstrous’ east African oil project will emit vast amounts of carbon, data shows

Experts say crude oil pipeline from Uganda to Tanzania will produce 25 times host nations’ combined annual emissions

The Guardian - UK

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Reuters

French government: on right track over further easing petrol supply problems

The French government said on Sunday that France was on the right track over further easing the problem of petrol service stations not having enough petrol due to strikes at oil refineries, which had hit motorists around the country.

Asharq Al-Awsat

QatarEnergy Names Shell Partner for LNG Expansion Project

QatarEnergy's chief executive on Sunday named Shell a partner on the Gulf Arab state's North Field South expansion, part of the world's largest liquefied natural gas (LNG) project. Shell will have a 9.3% share of the project and QatarEnergy will keep 75%, Saad al-Kaabi, who is also state minister for…

Radio France Internationale

French union extends fuel depot strikes while government promises deliveries

Strikes at two fuel depots in the southern Rhône region and Normandy have been extended, according to the CGT trade union. The French government says measures are in place for things to get back to normal in time for holiday departures.

Asharq Al-Awsat

QatarEnergy Has No Intentions to Increase EU Gas Supply Next Winter

QatarEnergy is working on expanding its gas production and trading operations as global demand surges and will not divert liquefied natural gas (LNG) contracted with Asian buyers to Europe this winter, announced CEO Saad al-Kaabi. Qatar is already among the world's top LNG exporters, and several European states, facing a…

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Reuters

Strikes end at some of TotalEnergies' French refineries

Workers voted to end a strike at TotalEnergies' Donges refinery on Wednesday, bolstering the government's hopes the supply situation at petrol stations around the country will rapidly improve.

Asharq Al-Awsat

Lebanese President Calls on TotalEnergies to Start Drilling after Deal with Israel

Lebanese President Michel Aoun called on TotalEnergies to quickly start drilling in block 9 in the Mediterranean Sea. The Lebanese Presidency said Aoun met with a delegation from the company and called for a start to drilling to offset the time spent in indirect negotiations with Israel to demarcate the…

The Guardian - UK

France braces for more fuel shortages as union votes to extend strikes

TotalEnergies workers extend stoppages in row over pay, with transport workers joining movement

France 24

Schools, transport disrupted as French workers strike for higher wages

Thousands of people took to the streets across France on Tuesday and commuters faced delays as unions staged a nationwide strike for higher salaries, as they remain in deadlock with the government over walkouts at oil depots that have sparked fuel shortages.

Asharq Al-Awsat

France Prepares for Major Disruptions as Unions Call Transport Strike

France was preparing for a day of major disruptions on Tuesday after unions called a nationwide transport strike as they remain in deadlock with the government over walkouts at oil depots that have sparked fuel shortages. The move comes after workers at several refineries and depots operated by energy giant…

Reuters

Scuffles break out as French strike to call for higher wages

Dozens of black-clad protesters clashed with police and broke shop windows on Tuesday on the margins of a demonstration when several thousand people took to the streets of Paris to call for wage hikes as high inflation eats away their purchasing power.

Tribune News Service

France braces for disruption as railways to join strike Tuesday

France is bracing for more work and travel disruption Tuesday as the CGT and other labor unions ask workers across industries to join a walkout by some refinery employees to demand higher wages as inflation dents purchasing power.

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