totalenergies
After his friend Rosa was swept away, 14-year-old Benjamin Van Bunderen Robberechts sat watching the treetops sway left to right outside the window. He slouched in the chair because if he sat up, he could still see the raging stream that had taken her as they tried to reach their campsite base in Marcourt, Belgium. “I thought then this is a moment I’m going to remember for the rest of my life,” he says. “I could hear the water and I could see the flashes of sirens through the window - police, ambulance, fire. But I was just sitting there looking at the trees.” Rosa Reichel, 15, was one of more...
Euronews (English)
French oil giant TotalEnergies SE and Chinese conglomerate China Petroleum and Chemical Corporation, or Sinopec, on Tuesday said they have signed a strategic cooperation agreement to deepen their collaboration, notably in low-carbon energies. Under the deal, the two companies plan to combine their research and development expertise in biofuels and green hydrogen as well as carbon capture, utilization and storage (CCUS) and decarbonization. The two companies have been working together for many years, mainly in Angola and Brazil in upstream operations, and more generally in various domains of oi...
DPA International
French oil giant TotalEnergies SE and Chinese conglomerate China Petroleum and Chemical Corporation, or Sinopec, on Tuesday said they have signed a strategic cooperation agreement to deepen their collaboration, notably in low-carbon energies. Under the deal, the two companies plan to combine their research and development expertise in biofuels and green hydrogen as well as carbon capture, utilization and storage (CCUS) and decarbonization. The two companies have been working together for many years, mainly in Angola and Brazil in upstream operations, and more generally in various domains of oi...
DPA Breaking News
French oil giant TotalEnergies SE and Chinese conglomerate China Petroleum and Chemical Corporation, or Sinopec, on Tuesday said they have signed a strategic cooperation agreement to deepen their collaboration, notably in low-carbon energies. Under the deal, the two companies plan to combine their research and development expertise in biofuels and green hydrogen as well as carbon capture, utilization and storage (CCUS) and decarbonization. The two companies have been working together for many years, mainly in Angola and Brazil in upstream operations, and more generally in various domains of oi...
DPA
France will "fight" to keep oil and gas giant TotalEnergies from relocating its primary stock market listing to New York, the country's Finance Minister told BFMTV on Thursday. "I am there to make sure that it doesn’t happen," said Bruno Le Maire. "It's an asset for France to have a large oil company like Total…It's important that we keep it here." Le Maire also evoked the firm's fuel cap of €2 per litre, introduced last year to shield French consumers from rising energy prices. The fact that Total was based in France played a crucial role in securing this agreement, said Le Maire. TotalEnergi...
Euronews (English)
Heavy-weight French companies with very large profits spent a record €33 billion last year buying back their shares from shareholders. What is a share buyback and why is it good for the company?What happens is that, rather than rewarding shareholders by paying them dividends, a company can choose to have similar results through share buybacks. When the company buys back shares, the stock price goes up because of the increased demand in the market, ensuring that the remaining investors' investments increase in value and stock prices continue to rise. Usually, the shares that were bought are can...
Euronews (English)
French energy company TotalEnergies announced its first quarter 2024 earnings on Friday morning, announcing a 22% decline in Q1 2024 earnings, mainly due to shrinking natural gas profits. However, a stronger-than-expected oil market did manage to offset this somewhat, although increasing crude oil prices could pose a problem for refining margins in the next few months, according to TotalEnergies. Adjusted net income for the first quarter of the year surpassed market expectations, coming in at $5.1 billion (€4.75 billion), more than the $5 billion previously anticipated by London Stock Exchange...
Euronews (English)
China Petroleum & Chemical Corp, or Sinopec, announced on Wednesday that it has agreed with France's TotalEnergies SE to form a joint venture to produce sustainable aviation fuel (SAF). The production of SAF from waste oils will be done at one of Sinopec's refineries in China, it said. The partnership aims to achieve an annual production capacity of 230,000 tons, with the new production line co-operated by both entities. The jet-fuel cooperation agreement was signed in Beijing by Sinopec's chairman, Ma Yongsheng, and Patrick Pouyanne, chairman and chief executive of TotalEnergies. Pouyanne not...
DPA International
China Petroleum & Chemical Corp, or Sinopec, announced on Wednesday that it has agreed with France's TotalEnergies SE to form a joint venture to produce sustainable aviation fuel (SAF). The production of SAF from waste oils will be done at one of Sinopec's refineries in China, it said. The partnership aims to achieve an annual production capacity of 230,000 tons, with the new production line co-operated by both entities. The jet-fuel cooperation agreement was signed in Beijing by Sinopec's chairman, Ma Yongsheng, and Patrick Pouyanne, chairman and chief executive of TotalEnergies. Pouyanne not...
DPA
China Petroleum & Chemical Corp, or Sinopec, announced on Wednesday that it has agreed with France's TotalEnergies SE to form a joint venture to produce sustainable aviation fuel (SAF). The production of SAF from waste oils will be done at one of Sinopec's refineries in China, it said. The partnership aims to achieve an annual production capacity of 230,000 tons, with the new production line co-operated by both entities. The jet-fuel cooperation agreement was signed in Beijing by Sinopec's chairman, Ma Yongsheng, and Patrick Pouyanne, chairman and chief executive of TotalEnergies. Pouyanne not...
DPA Breaking News
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