We report that TotalEnergies has agreed to sell a 40% stake in two offshore Nigerian exploration licenses to the U.S. energy giant Chevron. The deal covers Petroleum Prospecting License (PPL) 2000 and PPL 2001, located in the West Delta basin off Nigeria’s coast, covering roughly 2,000 square kilometers. Under the agreement, TotalEnergies will remain the operator and…
The global energy company TotalEnergies has taken a bold step into the future by signing a long-term renewable power deal with tech giant Google to supply electricity to data-centre operations in Ohio. The arrangement marks both an energy-industry pivot and a signal for investors looking at the stock market, renewable energy and infrastructure plays. Details…
The energy giant TotalEnergies has found itself at the centre of a landmark case that may reshape how corporations communicate about climate-action commitments. As investors scrutinise AI stocks, stock market trends and corporate disclosures more closely than ever, the implications of this verdict could ripple across the energy sector and beyond. What is the case…
Global energy markets are facing rapid changes, with fluctuating oil prices, rising renewable investments, and growing concerns about sustainability. In this context, TotalEnergies, one of the world’s leading energy companies, has announced a $1 billion reduction in its capital spending outlook. This move signals a strategic cost-cutting initiative aimed at strengthening its financial position, adapting…
TotalEnergies, one of Europe’s biggest energy giants, recently released its Q2 2025 earnings. The results were disappointing for investors. The company reported a 23% drop in profit. This was mainly because of lower global energy prices. Even though oil and gas markets remain important, the company is seeing pressure on several fronts. So, what does…