KEY POINTS Mozambique’s government has hinted at possible resistance to TotalEnergies’ revised budget and timeline for its liquefied natural gas, LNG, project, signalling that the country may not easily approve …
TotalEnergies
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In the NewsOil & Gas
TotalEnergies Seeks $4.5 Billion Cost Boost for Mozambique LNG Project Amid Delays
KEY POINTS French energy giant TotalEnergies is seeking government approval from Mozambique to raise the development cost of its massive liquefied natural gas (LNG) project by an additional $4.5 billion, …
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In the NewsOil & Gas
TotalEnergies Ends Four-Year Freeze on $20 Billion Mozambique LNG Project as Security Improves
KEY POINTS French energy giant TotalEnergies has officially lifted the force majeure order on its $20 billion Mozambique liquefied natural gas (LNG) project, marking a cautious but significant step towards …
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In the NewsOil & Gas
TotalEnergies Prepares to Revive $20 Billion Mozambique LNG Project After Four-Year Halt
KEY POINTS Mozambique signaled a breakthrough for one of Africa’s most ambitious energy ventures after President Daniel Chapo said Thursday that conditions have been met for TotalEnergies SE to restart …
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In the NewsOil & Gas
TotalEnergies Brings New Partner Into Denmark’s Flagship CO₂ Storage Project
KEY POINTS TotalEnergies SE is drawing a new partner into Denmark’s most ambitious carbon capture and storage (CCS) project, a step that underscores how Europe’s aging offshore oil and gas …
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KEY POINTS ExxonMobil Corp. Chief Executive Officer Darren Woods pressed Mozambique’s President Daniel Chapo last week for firm guarantees of security before moving ahead with a $30 billion liquefied natural …
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MarketsOil & Gas
Shell, Agip Secure 12.5% OML 118 Stake as TotalEnergies Exits With Regulator’s Nod
KEY POINTS Nigeria’s upstream regulator has approved the transfer of TotalEnergies’ 12.5% interest in Oil Mining Lease (OML) 118 to two of its long-time partners, Shell Nigeria Exploration and Production …
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In the NewsOil & Gas
Nigeria Regulator Blocks TotalEnergies $860 Million Asset Sale to Chappal Energies
KEY POINTS TotalEnergies plan to offload part of its onshore oil business in Nigeria has collapsed after regulators pulled their approval, dealing a blow to the French major’s push to …
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KEY POINTS TotalEnergies SE has signed four production sharing contracts with Liberia, marking a major step in the country’s efforts to revive offshore oil exploration and lure back big-ticket investment. …
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TotalEnergies and QatarEnergy advance Iraq energy initiative with new oil, gas, and water projects aimed at boosting power and jobs