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  • TotalEnergies: Q4 net income jumps to $5.9B
    TotalEnergies SE stated on Thursday that its consolidated net income in the fourth fiscal quarter of 2021 amounted to $5.9 billion, soaring more than sixfold from the corresponding timeframe a year earlier. Fully-diluted earnings per share also increased six times from the closing trimester of 2020...
  • Chevron, Total to stop Myanmar operations
    Chevron Corp. and TotalEnergies SE announced on Friday that they will stop all operations in Myanmar over human rights abuses following the military coup that took place in 2021. Chevron said it has reconsidered its Yadana natural gas project and has planned an "orderly transition" from the...
  • TotalEnergies, Daimler partner on hydrogen ecosystems
    TotalEnergies and Daimler Truck AG announced on Wednesday they signed a partnership agreement to collaborate in the development ecosystems for heavy-duty trucks running on hydrogen. The companies stressed their commitment to " the decarbonization of the road freight in the European...
  • Total's EPS jump sixtyfold to $1.27 in Q2
    French oil and gas company Total SE stated on Thursday that its adjusted fully-diluted earnings per share surged 6250% on an annual basis to stand at $1.27 in the year's second quarter. The company's net income reached $2.2 billion in the same trimester, compared to the loss of $8.4 billion...
  • Total beats expectations with Q1 profit as oil prices recover
    French oil and gas company Total SE announced on Thursday its adjusted net income in the first quarter of 2021 surged 69% on the year to $3 billion amid a recovery in oil prices. However, the company warned that oil markets remain "volatile" and hinge on a recovery in global demand for crude....
  • Total to continue producing gas in Myanmar
    Total SE insisted that it would continue its operations on Yadana gas fields in Myanmar despite the military junta and anti-government countrywide protests sparked by the military coup that took place two months ago. The French company explained the decision saying its withdrawal would hurt...
  • Total's EPS plunge 61% to $0.46 in Q4
    Total announced on Tuesday that its adjusted fully-diluted earnings per share tumbled 61% on an annual basis to land at $0.46 in the year's final fiscal quarter. The company's adjusted net income stood at $1.3 billion in the same trimester, dropping 59% compared to the same period last year. For the...
  • Major energy companies agree on transition rules
    World's biggest energy companies announced on Thursday their decision to follow and support six principles in the energy transition. The initiative was agreed by BP PLC, ENI SPA, Equinor ASA, Occidental Petroleum, Royal Dutch Shell, Total SE, Galp Energa and Repsol SA. The agreement provides...
  • Total, Shell, Equinor team up on Norway CO2 project
    The Norwegian government announced on Tuesday its endorsement of the Northern Lights project that is going to be jointly implemented by Total SE, Shell Oil Company and Equinor ASA. The Northern Lights project involves the construction and operation of facilities and mechanisms for transporting...
  • Total's Donges halts production for 4 months
    Donges Refinery, the French company in the ownership of Total SE, said on Tuesday its production will be halted for four months starting from Monday. The company said the reasons are "economic." A leading full-range supplier of bridge and steel construction company had a major strike in...
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