TotalEnergies

Bulgargaz, the Bulgarian state-owned natural gas distribution company, has said that French oil major TotalEnergies ranked first in a tender offer to supply liquefied natural gas (LNG) in November and December to the Alexandroupoli terminal in Greece.

The tender is for the supply of one cargo each month of 1,000 gigawatt hours (GWh), according to a press release from the company.

French energy giant TotalEnergies said yesterday it was withdrawing from two offshore gas fields in South Africa as they did not appear economically viable.

A subsidiary of TotalEnergies owns a 45 percent stake in a block off the country's southern coast where the fields, Brulpadda and Luiperd, were discovered.

The European Public Prosecutor's Office (EPPO) has launched an investigation into the Vasilikos liquefied natural gas import terminal project in Cyprus, amid suspicions of public procurement fraud, misappropriation of funds and corruption.

The boss of TotalEnergies told shareholders Friday that new oil fields had to be developed to meet global demand, as the annual meetings of the French energy giant and one of its biggest shareholders were picketed by climate activists.

Eni said Wednesday that drilling to appraise a third natural gas discovery in waters off Cyprus shows the commitment of the Italian energy company and its French partner TotalEnergies to swiftly develop the deposit and bolster energy supply to Europe.

France's TotalEnergies is exploring a sale of a 50% stake of a portfolio of renewable projects in Europe and the US, including Greece,according to two people familiar with the matter.

The French energy group is sounding out advisers for a sale of a stake in wind and solar power assets across the US, Spain, Portugal, France and Greece, the sources said.

Saudi Aramco and France's TotalEnergies have signed contracts to start building an $11-billion petrochemicals facility in the Gulf kingdom, the two companies said.

A signing ceremony for the engineering, procurement and construction contracts for the Amiral complex took place at Aramco's headquarters in Dhahran, in Saudi Arabia's Eastern Province.

Consumers should start cutting back on their energy use immediately, the bosses of France's three big energy companies urged Sunday, warning of social tensions next winter unless reserves are replenished.

Japanese energy conglomerate ENEOS Holdings said yesterday it will withdraw from a gas project in coup-hit Myanmar, days after its Thai and Malaysian partners announced they would pull out.

Russia has sold fossil fuels worth 46.6 billion euros to European Union countries since the start of the war in Ukraine on February 24 this year, according to the Finnish-based Center for Energy and Clean Water Research (CREA). In fact, since the start of hostilities, despite talks about a possible energy embargo, Russia's revenue from selling them has doubled.