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CVX and TTE start oil production from the Ballymore project in the Gulf of America, advancing low-carbon, deepwater energy with strong output targets.
ANTWERP, Belgium--(BUSINESS WIRE)--TotalEnergies' (Paris:TTE) (LSE:TTE) (NYSE:TTE) Antwerp platform provides an update on its investments for the future and announces plan to reconfigure its petrochemicals operations to strengthen competitiveness. A key industrial site for TotalEnergies for more than 75 years, the Antwerp platform is based on an integrated business model, which guarantees the resilience of its operations. “By adapting and investing regularly in our Antwerp site, we're securing.
The US-China trade war and tariffs will likely slow economic growth and oil demand, reducing Brent price forecasts. Potential geopolitical factors and fiscal/monetary stimulus could support oil prices, but significant uncertainties remain. TotalEnergies screens well in terms of lower oil price sensitivity, with savings from structural improvements and production growth.
TTE signs a deal with Energia Natural Dominicana to supply 400,000 tons of LNG. This defines TTE's commitment to support the island's energy transition.
PARIS--(BUSINESS WIRE)--TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed an agreement (HoA) with Energia Natural Dominicana (ENADOM), the Joint Venture between AES Dominicana and Energas in the Dominican Republic, for the delivery of 400,000 tons of LNG per year. Subject to the finalization of the SPAs, this agreement is set to start in mid-2027, for 15 years, with the price indexed to Henry Hub. This agreement will enable ENADOM to supply natural gas to the 470 MW combined-cycle power.
PARIS--(BUSINESS WIRE)--TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed a Sales and Purchase Agreement (SPA) with NextDecade to buy 1.5 million tons per annum (Mtpa) of liquefied natural gas (LNG) from the future Train 4 liquefaction unit at the Rio Grande LNG facility. The SPA, of a duration of twenty years, is subject to NextDecade taking a positive Final Investment Decision (FID) on Train 4. "We are pleased to sign with NextDecade a new 1,5 Mtpa SPA from the future Train 4 of Rio G.
The energy major said it anticipates hydrocarbon production for the first three months of 2025 to be between 2.5 million and 2.55 million barrels of oil equivalent a day.
French oil major TotalEnergies expects hydrocarbon production to come at the higher end of its guidance range for the first quarter, it said in a trading update on Tuesday.
HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) announced today that TotalEnergies (Total) (NYSE: TTE) has exercised its LNG purchase option with respect to Train 4 at the Rio Grande LNG Facility, and subsidiaries of both companies have executed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) for offtake from Train 4. Under the terms of the SPA, TotalEnergies Gas & Power North America, Inc. will purchase 1.5 million tonne.
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