PARIS – TotalEnergies has signed agreement with Energetický a průmyslový holding, a.s. (EPH) for the acquisition of 50% of its flexible power generation platform (gas-fired and biomass power plants, batteries) in Western Europe (Italy, United Kingdom and Ireland, Netherlands, France), valued at €10.6 billion (enterprise value), i.e. a multiple of 7.6x 2026 EBITDA. Under the…
PARIS: TotalEnergies reported a steady adjusted net income for the third quarter, matching last year’s level despite a significant drop in oil prices, as increased hydrocarbon production and stronger refining margins helped cushion the blow. The French energy giant on Thursday posted an adjusted net income of $4.0 billion for the three months ending Sept….
PARIS: TotalEnergies and QatarEnergy have officially launched the final two components of Iraq’s $10 billion Gas Growth Integrated Project (GGIP), marking a major milestone in the country’s energy transformation. Patrick Pouyanné, Chairman and CEO of TotalEnergies, and Saad Sherida Al-Kaabi, Qatari Minister of State for Energy Affairs and CEO of QatarEnergy, met with Iraqi Prime…
PARIS: TotalEnergies, a global integrated energy company, and Bapco Energies, the leading energy company in Bahrain, have agreed to cooperate in optimizing the Sitra refinery and trading the petroleum products produced there. The agreement was reached during a meeting in Bahrain between Patrick Pouyanné, Chairman and CEO of TotalEnergies, His Highness Shaikh Nasser bin Hamad…