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TotalEnergies
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TotalEnergies to Bring New Angola Discovery Online in Just Three Months
TotalEnergies on Thursday announced its Acacia-5 discovery in Block 17, made in June 2026, is expected to achieve first oil in just three months by utilizing available capacity on the nearby Pazflor F
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Santos boosts Papua LNG stake by 3.3% for $189 million, ExxonMobil to take over as operator from TotalEnergies
Santos has agreed to acquire an additional 3.3% participating interest in the Papua LNG project from TotalEnergies for approximately $189 million, increasing its stake to 21% after the Papua New Guine
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TotalEnergies expects $1.3 billion loan repayment as it exits Russia's Arctic LNG 2 project
The company completed its exit from the US-sanctioned liquefied natural gas venture by transferring its 10% stake to a subsidiary of Novatek PJSC, the Russian operator. TotalEnergies retains its right
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Norway's Equinor Hopes for "Pretty Big" Oil Discovery Offshore Namibia
Norway's energy major Equinor hopes to make a "pretty big" oil discovery offshore Namibia, a global exploration hotspot it has just entered, a senior company official said on Tuesday. Equinor believes
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APA Corp. targets $700M annual cost cuts by 2027 and over 5% oil growth for next three years, with Suriname project set for mid-2028 start
APA Corp. expects approximately $700 million in lower annual cash costs by 2027, including $500 million in structural savings and $175 million in reduced interest expense. The company aims for more th
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Suriname's GranMorgu Oil Project (Block 58) Approved, Expected to Generate Up to $26 Billion in Fiscal Income; Petronas Reports 8 Discoveries in Block 52
Suriname's GranMorgu deepwater oil project in offshore Block 58 has received final investment decision (FID) approval from operators TotalEnergies and APA Corporation. The project, targeting an estima
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TotalEnergies Reports Q2 Adjusted Net Income Up 67% to $6 Billion, Driven by Iran War and Hormuz Disruption
TotalEnergies SE reported its second-quarter adjusted net income rose 67% year-over-year to $6 billion, its best quarter in nearly three years. The surge was primarily attributed to the Iran war, whic
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TotalEnergies to Bring New Angola Discovery Online in Just Three Months
TotalEnergies on Thursday announced its Acacia-5 discovery in Block 17, made in June 2026, is expected to achieve first oil in just three months by utilizing available capacity on the nearby Pazflor F
-
Santos boosts Papua LNG stake by 3.3% for $189 million, ExxonMobil to take over as operator from TotalEnergies
Santos has agreed to acquire an additional 3.3% participating interest in the Papua LNG project from TotalEnergies for approximately $189 million, increasing its stake to 21% after the Papua New Guine
-
TotalEnergies expects $1.3 billion loan repayment as it exits Russia's Arctic LNG 2 project
The company completed its exit from the US-sanctioned liquefied natural gas venture by transferring its 10% stake to a subsidiary of Novatek PJSC, the Russian operator. TotalEnergies retains its right
-
Norway's Equinor Hopes for "Pretty Big" Oil Discovery Offshore Namibia
Norway's energy major Equinor hopes to make a "pretty big" oil discovery offshore Namibia, a global exploration hotspot it has just entered, a senior company official said on Tuesday. Equinor believes
-
APA Corp. targets $700M annual cost cuts by 2027 and over 5% oil growth for next three years, with Suriname project set for mid-2028 start
APA Corp. expects approximately $700 million in lower annual cash costs by 2027, including $500 million in structural savings and $175 million in reduced interest expense. The company aims for more th
-
Suriname's GranMorgu Oil Project (Block 58) Approved, Expected to Generate Up to $26 Billion in Fiscal Income; Petronas Reports 8 Discoveries in Block 52
Suriname's GranMorgu deepwater oil project in offshore Block 58 has received final investment decision (FID) approval from operators TotalEnergies and APA Corporation. The project, targeting an estima
-
TotalEnergies Reports Q2 Adjusted Net Income Up 67% to $6 Billion, Driven by Iran War and Hormuz Disruption
TotalEnergies SE reported its second-quarter adjusted net income rose 67% year-over-year to $6 billion, its best quarter in nearly three years. The surge was primarily attributed to the Iran war, whic
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TotalEnergies
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