TotalEnergies

TTE

Market cap $131B

The company anticipates higher oil and gas production but warned that earnings in its integrated liquefied natural gas division will be hit by maintenance activity.

French oil major TotalEnergies expects to report a decline in third-quarter results, it said on Wednesday, as asset sales and improving margins for refining crude failed to offset lower oil prices and liquefied natural gas output.

Oil prices fell below $60 per barrel recently due to a combination of oversupply and weak demand.

Oil production from producers outside of the Organisation of Petroleum Exporting Countries (OPEC) will start to decline if oil prices fall to $60 per barrel, TotalEnergies CEO Patrick Pouyanne said on Tuesday.

TotalEnergies and Siemens have called on European governments to abolish one of the EU's flagship corporate sustainability laws in order to boost the continent's competitiveness, a letter seen by Reuters shows.

PARIS--(BUSINESS WIRE)--TotalEnergies announces the appointment of Nicola Mavilla as Senior Vice President Exploration of the Company, with effect from 1st November 2025. Nicola Mavilla is replacing Kevin McLachlan, who held this position since 2015. Nicola Mavilla has 25 years of experience in the oil and gas industry and a strong track record in leading successful exploration activities. He joined Eni in 2002 and served as exploration manager in Libya and Norway, VP exploration for West Afric.

PARIS--(BUSINESS WIRE)--Long-standing partners TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and Veolia have signed a memorandum of understanding for further cooperation in several key areas of energy transition and the circular economy, in line with their respective approaches to reduce their greenhouse gases emissions and water footprint. This cooperation will benefit the entire industry through the scaling up of innovative processes and the advancement of research into future-oriented chall.

TotalEnergies remains a solid buy, benefiting from strong natural gas, LNG, and energy exposure amid ongoing portfolio rebalancing. TTE is executing significant cost savings, CapEx cuts, and asset rebalancing while maintaining a robust dividend policy and scaling back buybacks due to macro uncertainties. Medium-term oil price support is possible from potential OPEC actions, global oil CapEx reductions, and rate cuts, with LNG growth providing additional catalysts.

Economic risks are piling up, and investors are starting to wonder whether shifting their focus to capital preservation is a good idea right now.

Mozambique President Daniel Chapo said on Thursday that the conditions have been met for French energy company TotalEnergies to lift force majeure on its $20 billion liquefied natural gas (LNG) project in the Southern African country.