On Wednesday, RWE, Germany's leading utility company, announced that it has reached an agreement to provide TotalEnergies in France with approximately 30,000 tonnes of green hydrogen each year starting in 2030. This deal is considered one of the largest in the industry to date.
Dublin, March 07, 2025 (GLOBE NEWSWIRE) -- ResearchAndMarkets.com has included the company profile "Enterprise Tech Ecosystem Series: TotalEnergies" in its collection.
Oslo, 28 February 2025: This is a reminder about the stock exchange announcement made on 30 July 2024, which discussed Scatec ASA's decision to sell its 51 percent share in the African hydropower joint venture with Norfund and British International Investment (BII) as part of the company's strategy.
PARIS--(BUSINESS WIRE)--TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and Jeunes Agriculteurs (JA) have signed a cooperation agreement to help young farmers with the energy transition, promoting sustainable farming and encouraging younger people to join the agriculture sector. TotalEnergies has been working with Jeunes Agriculteurs since 1986, being a founding member of the "Terres Innovantes" fund and a key supporter.
PARIS--(BUSINESS WIRE)--Masdar, the UAE's leader in clean energy, along with TotalEnergies and EPointZero, has signed a Framework for Action (FFA) agreement. This agreement aims to improve access to clean energy in developing countries in Africa and Asia. The signing took place after a visit by UAE President Sheikh Mohamed bin Zayed Al Nahyan to France, where he met with the French President.
TotalEnergies SE (NYSE:TTE) will hold its Q4 2024 Results Conference Call on February 5, 2025, at 9:00 AM ET. Key company participants include Renaud Lions, the Senior Vice President of Investor Relations, and Patrick Pouyanné, the Chairman and CEO. The call will also feature various analysts from major financial institutions, and it will take place in London.
On Wednesday, French oil company TotalEnergies announced a 15% decrease in its earnings for the fourth quarter. This decline comes after a year characterized by low oil prices and weak fuel demand, although it was somewhat balanced by increased sales in electricity and liquefied natural gas trading.
PARIS--(BUSINESS WIRE)--Regulatory News: TotalEnergies SE (Paris:TTE) (LSE:TTE) (NYSE:TTE) reported its financial results for the fourth quarter of 2024. The adjusted net income for TotalEnergies' shareholders was $4.4 billion, an increase of 8% compared to the previous quarter, but a decrease of 21% from 2023. Additionally, the net income for shareholders rose by 72% to $4.0 billion, while adjusted EBITDA was $10.5 billion, up 5% from the last quarter.
TotalEnergies, a major French oil company, announced a 15% decrease in its earnings for the fourth quarter on Wednesday. This decline was influenced by low oil prices and weak fuel demand throughout the year, although it was somewhat balanced by increased sales in electricity and liquefied natural gas (LNG) trading.
TTE's earnings for the fourth quarter have exceeded expectations. The company is still growing its clean energy production and is effectively meeting customer needs.