Assets
TotalEnergies is a French multinational integrated oil and gas company.
Performance indicators
2022
The rise of profits against the background of the conflict in Ukraine
Oil majors are making record profits as the world suffers from high fuel prices. In the second quarter of 2022, Big Oil may receive a record profit of $50 billion.
ExxonMobil Chevron,,, TotalEnergies and Shell will BP make even more money than in 2008, when world oil prices jumped to $147 per dollars barrel.
3% oil production in Kazakhstan
Business in Russia
Main article: Top Lubricants (TotalEnergies in Russia)
History
2023
Agreement with Mozambique to build a hydroelectric power station on Zambezi to support its gas projects
On December 13, 2023, the Mozambican government signed an agreement with the French energy company EDF to build a new hydroelectric power station. Another company from France, TotalEnergies, also received a stake in the project.
The dam and hydroelectric plant will be built along the Zambezi River in northern Mozambique and will generate 1,500 MW of electricity in the first phase. The first turbine of the hydroelectric power station should start working by 2031, wrote "Rybar."
The construction of a new hydroelectric power station is aimed primarily at supporting new-old projects for the production and import of liquefied gas, which the EU needs after the outbreak of a conflict with Russia.
In the wake of interest in the gas-rich province of Kabu Delgadu, energy companies are striving to stake out as many assets as possible in order to diversify energy sources, as well as to cut off the opportunity for non-European competitors to "snatch a piece of gas pie."
Agreement with UAE's Adnoc Gas on $1 billion LNG purchases
France's TotalEnergies will LNG buy from Adnoc Gas from UAE in a US $1 billion deal.
"LNG will be delivered to various export markets around the world," Adnoc said in April 2023.
2022: $1.6 billion acquisition of majority stake in Clearway Energy Group
On May 25, 2022, TotalEnergies announced the purchase of a 50% stake in Clearway Energy Group, the fifth large renewable power company in the United States, the largest acquisition of the French green power group in the United States. Read more here.
2020: Buying Britain's largest electric car refuelling chain Source London
In September 2020, it was announced that the French oil and gas company Total is acquiring Source London, the UK's largest electric vehicle refueling network.
The network of electric stations, which Total acquires from Bollore Group, consists of more than 1.6 thousand points.
Total intends to provide the charging grid with 100% renewable electricity supplied by a subsidiary of Total Gas & Power Limited.
"This acquisition in the United Kingdom, already active in installing and operating charging point networks in Amsterdam (Netherlands) and Brussels (Belgium), strengthens Total's position as a key player in electric mobility in Europe. Thus, the group continues its development in large European cities in accordance with its desire to create more than 150 thousand charging points for electric vehicles by 2025, "the company said in a statement.
The deal is expected to close before the end of the year.
2019
Criminals via the Internet stole 120 thousand liters of fuel at gas stations
At the end of March 2019, French law enforcement agencies arrested five suspects in the theft of 120 thousand liters of fuel from gas stations in Paris. The attackers hacked the gas stations via the Internet due to the fact that the owners of the gas station did not take care of changing the standard passwords in computer equipment.
A group of five men aged 30-40 years old purchased a special device through which they connected to the IT systems of the gas station of Total and were able to drain gasoline or diesel fuel in any volume.
used
The manipulations were facilitated by the fact that the code did not change access to the gas station settings and remained by default "0000." Hackers use this password to reset prices and remove restrictions on refueling.
Scammers came to the gas station at night in two cars. A person in one of the cars activated an electronic device and connected to a refueling computer system. The second vehicle, which was most often a van, poured fuel into a huge tank containing up to 2-3 thousand liters.
The attackers sold the stolen fuel through social networks. They called the buyers the time and place of meeting, they came and refueled at reduced prices.
The criminal scheme was uncovered in April 2018 when police arrested one suspect in a Paris suburb. During the arrest, he had the same device for remote hacking of gas stations. The remaining members of the criminal group were detained only a year later.
According to the police, fraudsters earned about 150 thousand euros on the sale of stolen fuel.
As noted by ZDNet, fuel prices in France are among the highest in the European Union. In this regard, protests are constantly taking place in the country.[1]
Congo Reserve Oil Production Plan
In 2019, Total obtained the rights to search for oil in the Republic of Congo in the Koli sector, which intersects with the Nuabale-Ndoke reserve.
Total also controls the Mokele-Mbete sector, which is on part of the Cuvette Centrale peatlands. In 2017, scientists discovered that this swampy forest, spanning 145,500 km2 in the Republic of Congo and neighbouring DRC, contains more carbon-rich peatlands than anywhere else on Earth. Read more here.
2018: Purchase of electric vehicle charger developer G2mobility
In September 2018, Total announced the purchase of G2mobility at a price that they did not name. The deal underscores the commitment of oil and gas companies to work in the electricity industry as the auto industry continues to move in that direction. Read more here.
2017: 96K employees in 130 countries
For 2017, Total Concern is an integrated energy company, producer and supplier of energy resources on a global scale. At this time, it ranks fourth among international oil and gas companies and second in the world in the solar power sector thanks to SunPower.
The concern operates in more than 130 countries and employs 96,000 employees. Its activities cover the entire value chain from the discovery of new deposits to the sale of products and services to the end user. This allows us to adapt to market trends and meet consumer expectations thanks to a diverse range of energy resources (oil, natural gas, solar power and biomass).
2011: 111K employees work in 130 countries
In 2011, Total is one of the largest oil and gas companies in the world. It operates in more than 130 countries; There are 111,000 employees. Oil and gas production reaches 2.6 million barrels of oil equivalent per day. In addition to production, the company carries out oil refining and owns a network of gas stations, and also owns a number of chemical industry enterprises.
| The site content is translated by machine translation software powered by PROMT. The machine-translated articles are not always perfect and may contain errors in vocabulary, syntax or grammar. Read original article If you find inaccuracies or errors in the results of machine translation, please write to editor@tadviser.ru. We will make every effort to correct them as soon as possible. |