TotalEnergies Divests Vaca Muerta Unconventional Blocks in Argentina
The energy company is selling its interest in two unconventional oil and gas blocks in Argentina for $500 million, as part of its portfolio management strategy.
The energy company is selling its interest in two unconventional oil and gas blocks in Argentina for $500 million, as part of its portfolio management strategy.
The independent director of the energy company has purchased 1,000 shares.
The energy company has published its financial report for the first half of 2025, providing an update on its performance and operations.
The energy giant reported a 21% drop in adjusted net income and an 8% decline in revenue, reflecting challenging market conditions and weak global demand. Despite a slight increase in hydrocarbon production, financial metrics show significant pressure.
The energy giant faces headwinds as profits tumble 21% in the first half of 2025, grappling with lower oil prices and a challenging macroeconomic environment. Despite strategic initiatives, the outlook remains uncertain.
The energy company has released indicative dates for its 2025 and 2026 dividend payments.
The energy company has announced the start of production from two new offshore projects in Angola, adding 60,000 barrels per day of new production.
The energy company and shipping firm are partnering to expand LNG bunkering infrastructure in Europe, aiming to accelerate maritime decarbonization.
The energy company is partnering with a forest carbon project developer to conserve over 100,000 hectares of forests across several U.S. states, generating carbon credits that TotalEnergies will use to offset its own emissions.
The energy company is partnering with a technology firm to enhance data collection and optimization across its industrial facilities.