Oil majors reap bumper profits Published 30 Oct, 2026 06:58am LONDON: Oil and gas giants Shell and TotalEnergies on Thursday reported soaring quarterly net profits as the Middle...
TotalEnergies expands US venture with KKR with 700 MW portfolio Published 12 Oct, 2026 12:02pm The deal reflects an enterprise value of $1.20 billion for the portfolio
Azerbaijan signs investment agreements worth more than USD10bn Published 27 Sep, 2026 02:24am BAKU: Azerbaijan signed agreements representing more than $10 billion in potential investment at an international...
Europe’s STOXX 600 falls as oil prices jump Published 01 Sep, 2026 04:49am FRANKFURT: European shares fell on Monday as fresh US-Iran military strikes drove oil prices and bond yields higher,...
Court orders TotalEnergies to account for clients’ emissions Published 26 Jun, 2026 06:15am PARIS: A French court ordered TotalEnergies on Thursday to account for its clients’ emissions, but the oil and gas...
Hormuz reopening to release wave of oil supply, depress prices Published 18 Jun, 2026 01:44pm Many Chinese refiners paused spot buying this week as they eyed the reopening of the strait and details of the agreement
Energy firms brace for ‘new era’ despite Hormuz deal Published 17 Jun, 2026 05:36am PARIS: Oil and gas majors have high hopes for a quick reopening of the Strait of Hormuz, but they have few illusions...
Australia tribunal rejects move by Japan's Inpex to stop LNG strike Published 14 Jun, 2026 10:30am The strike at the 9.3-million-ton-per-year facility will now run until June 23 with a ban on the loading of all cargoes
TotalEnergies files for authorisation of €4.5 billion offshore wind project in Normandy Published 28 May, 2026 11:31am The project represents a €4.5 billion ($5.2 billion) investment and will employ up to 2,500 people during the three-year construction phase, the company said
War in the Middle East: latest developments Published 30 Apr, 2026 11:06am Vladimir Putin warned his US counterpart not to resume attacks on Iran.
TotalEnergies to wait for stable strait transit before resuming operations Published 30 Apr, 2026 06:00am PARIS: TotalEnergies will not resume Middle East production until shipping transit through the Strait of Hormuz has...
TotalEnergies first-quarter profits surge amid Middle East war Published 29 Apr, 2026 07:56pm PARIS: French oil and gas giant TotalEnergies said Wednesday net profit rose 51 percent in the first quarter to $5.8...
Macron reaffirms efforts to reopen Strait of Hormuz, as TotalEnergies warns of energy shortages Published 25 Apr, 2026 07:57pm French President Emmanuel Macron reiterated on Saturday that he was focused on efforts to reopen the Strait of...
European shares slide on concerns of US-Iran ceasefire collapse Published 21 Apr, 2026 05:10am FRANKFURT: European shares declined on Monday, following a sharp rebound in the previous session, as investors...
TotalEnergies says Saudi refinery offline Updated 11 Apr, 2026 09:22am PARIS: French energy giant TotalEnergies said Friday that it had shut down a major refinery on the eastern Gulf...
Shippers seek clarity on Hormuz reopening Published 09 Apr, 2026 05:48am SINGAPORE/OSLO: Shippers said on Wednesday they needed more clarity on the terms of the US-Iran ceasefire before...
TotalEnergies made massive profits off ME oil chaos Published 03 Apr, 2026 07:29am PARIS: TotalEnergies in March managed to buy almost all oil shipments that did not need to pass through the...
TotalEnergies, Abu Dhabi’s Masdar form $2.2 billion renewables joint venture Published 02 Apr, 2026 12:40pm The companies will contribute to a total portfolio of 3 gigawatts of operational capacity, with 6 GW under advanced development
Dubai crude’s premium slump as sellers pile offers onto TotalEnergies Updated 27 Mar, 2026 10:41am The premium for the Middle East benchmark, that prices millions of barrels of crude that Asia imports
Trump administration seeks to ease oil fears but industry wary Published 24 Mar, 2026 03:00am HOUSTON: A top US official in President Donald Trump’s government sought to reassure fears about the oil market...
US, TotalEnergies reach ‘nearly $1 billion’ deal to end offshore wind projects Published 23 Mar, 2026 10:02pm Under former president Joe Biden, the United States had accelerated progress on wind farm construction
Bangladesh secures spot LNG cargoes as Mideast conflict lifts costs Published 12 Mar, 2026 12:03pm Bangladesh has bought three liquefied natural gas cargoes on the spot market at higher prices
Shell declares force majeure to clients who buy Qatari LNG Published 12 Mar, 2026 02:14am LONDON: Shell, the world’s largest liquefied natural gas trader, has declared force majeure on LNG cargoes it buys...
European stocks suffer biggest drop in months as Middle East tensions hit banks, travel Published 03 Mar, 2026 05:24am FRANKFURT: European stocks clocked their biggest one-day decline in three months on Monday, swept up in a global...
TotalEnergies posts 13% drop in fourth-quarter profit on lower oil, gas prices Published 11 Feb, 2026 12:23pm Total reported fourth-quarter adjusted net income of $3.8 billion (3.2 billion euros), versus $4.4 billion a year earlier
Namibia won’t recognise TotalEnergies, Petrobras deal Published 09 Feb, 2026 05:11am WINDHOEK: Namibia will not recognise the purchase of offshore stakes in the Luderitz Basin announced last week by...
Libya signs 25-year oil deal with TotalEnergies and ConocoPhillips Published 25 Jan, 2026 06:01am TRIPOLI: Libya signed a 25-year oil development agreement on Saturday with France’s TotalEnergies and US-based...
European shares end lower as Trump’s tariff threat persists Published 21 Jan, 2026 03:43am FRANKFURT: European shares touched their lowest in nearly two weeks on Tuesday, as mounting unease over US President...
TotalEnergies merges North Sea assets in Britain with Repsol’s NEO Next Published 08 Dec, 2025 01:01pm Repsol will own 23.625% in the venture, while HitecVision will hold the remaining 28.875%
OPINION: Exodus of MNCs Updated 25 Nov, 2025 08:06am In a recent development, another multinational conglomerate, Lotte Corporation of South Korea, has divested its...