French energy giant TotalEnergies has invested Rs 2495.10 ($300 million) crore in a renewable energy joint venture (JV) with Adani Green Energy Limited (AGEL). In a statement, AGEL said it completed “1,050 MW joint venture (JV) with TotalEnergies. As part of the JV, TotalEnergies invested $300 million in AGEL subsidiary, …
Read More »TotalEnergies to Build a Solar and Storage Project in South Africa
TotalEnergies is launching with partners the construction of a solar plus storage plant in South Africa, the French energy major said on Friday. The hybrid renewable energy project will include a 216 megawatt (MW) solar plant and a 500 MWh battery storage system to manage the intermittency of solar production, …
Read More »TotalEnergies to Divest Stake in South Africa Oil Refinery
TotalEnergies Marketing South Africa is divesting its 36.36 percent minority stake in National Petroleum Refiners of South Africa (Natref) to the Prax Group. Located at Sasolburg, South Africa, the Natref refinery has a capacity of 108,500 barrels of oil per day, and supplies the main South African inland market in …
Read More »TotalEnergies Signs Offtake Deal for Oil from Energy Transfer
TotalEnergies SE has signed up for the supply of four million barrels of oil per month from a pending project of Energy Transfer LP in the United States Gulf of Mexico. Energy Transfer has yet to make a final investment decision on the Blue Marlin Offshore Port project, a deepwater …
Read More »TotalEnergies Project in South Iraq to be Completed by 2028
According to Iraq’s Oil Minister Hayyan Abdul-Ghani, a $27 billion agreement between Iraq and France’s TotalEnergies inked in July 2023 will generate almost 600 million cubic feet per day (mcf/d) of gas, enough to fuel power plants with a capacity of 5,000 megawatts (MW). According to recent statements made by …
Read More »Total Energies’ First FSRU in France Commences Operations in Le Havre
France’s inaugural floating storage and regasification unit (FSRU) for liquefied natural gas (LNG) has successfully completed commissioning and commenced operations in Le Havre. The FSRU, named the CAPE ANN and owned by Höegh LNG, was built in 2010 with a storage capacity of 142,500 cubic meters. It is operated by …
Read More »QatarEnergy Inks LNG Supply Deals with TotalEnergies for 3.5 MTPA
Affiliates of QatarEnergy and TotalEnergies SE have signed two long-term liquefied natural gas (LNG) sale and purchase agreements for the supply of up to 3.5 million tons per annum (mtpa) of LNG from Qatar to France. Under the agreements, LNG will be delivered ex-ship to the Fos Cavaou LNG receiving …
Read More »France may Take Action to Curb Oil Refiner’s Profits
France has “questions” about refining margins, and decisions could be made to curb excessive profits, French Finance Minister Bruno Le Maire told journalists on Thursday. Inflation has been a concern across Europe, and the French government has taken strides to lower the cost of basic goods and services such as …
Read More »TotalEnergies Plans Jumbo Green Hydrogen Tender to Cut Emissions
TotalEnergies SE is launching a “massive” green hydrogen tender to reduce the carbon emissions of its six European refineries and two French biofuel plants as pressure mounts on the industry to fight climate change. The French energy giant plans to replace the entire 500,000 tons of gray hydrogen used annually …
Read More »TotalEnergies to Carry out 4 Large Energy Projects in Iraq
Iraq’s Basra Oil Company (BOC) announced that TotalEnergies entered into a contractual commitment to carry out four large energy projects as part of a deal concluded with the Iraqi government last July. TotalEnergies long-awaited $27 billion energy deal is expected to increase oil production and Iraq’s capacity to produce energy …
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