TTE Stock Recent News

UK-based renewable energy investor Low Carbon said on Tuesday it has sold eight solar projects and two battery storage assets in Britain to France's TotalEnergies.

PARIS--(BUSINESS WIRE)--TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces the acquisition from Low Carbon, a leading renewable energy company, of a pipeline of 8 solar projects with a capacity of 350 MW and 2 battery storage projects with a capacity of 85 MW. As the solar projects are at an advanced stage of development, the target is that they could be operational by 2028. They will produce more than 350 GWh/year of renewable electricity, equivalent to the electricity consumption of aro.

Shares of major international oil and oil-related stocks such as TotalEnergies (TTE 2.68%), APA (APA 1.82%), and oil tanker company Torm plc (TRMD 4.00%) rallied on Monday, with the stocks up 2.6%, 4.4%, and 3.4%, respectively, as of 12:45 p.m. ET.

TTE, along with its partner, secures a key license to import 1 GW of renewable power to Singapore, boosting regional clean energy ties.

PARIS & SINGAPORE--(BUSINESS WIRE)--TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and RGE, a group operating in the bio-based resources and energy sectors, are pleased to announce that Singapore's Energy Market Authority (EMA) has awarded their equally-owned joint venture Singa Renewables (“Singa”) a conditional licence to import 1 GW of renewable power from Indonesia. Today, the partners also signed a Memorandum of Understanding with Singapore Energy Interconnections (SGEI) to jointly develop.

A Singapore government-appointed company will develop a subsea interconnector with Singa Renewables, a joint venture between Royal Golden Eagle (RGE) and France's TotalEnergies for low-carbon electricity imports from Indonesia.

The stake increases Shell's interest in the deep-water Bonga field to 67.5% from 55%.

French oil major TotalEnergies on Thursday announced selling its participation in the Bonga oil field to a subsidiary of Shell in Nigeria.

PARIS--(BUSINESS WIRE)--TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces that its subsidiary TotalEnergies EP Nigeria (TEPNG) signed an agreement with Shell Nigeria Exploration and Production Company Ltd (SNEPCo) for the sale of its non-operated 12.5% interest in the OML118 Production Sharing Contract (PSC) for an amount of $ 510 million. OML118 PSC is operated by SNEPCo (55%), in partnership with Esso Exploration and Production Nigeria (20%), TotalEnergies EP Nigeria (12.5%), and Niger.

Singapore's Royal Golden Eagle (RGE) and France's TotalEnergies said on Wednesday that their joint venture, Singa Renewables, would develop a utility-scale solar and battery project in Indonesia's Riau Province.