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TotalEnergies Clocks $9.9B Profit in Q3

Oct 27, 2022

TotalEnergies posted a sharp jump in its third-quarter net profit compared with a year ago, as it joined other energy giants in its sector to have benefited from higher oil and gas prices, although it also booked a new Russia-related impairment. TotalEnergies' third-quarter adjusted net income stood at $9.86 billion. That compared with $4.77 billion for the same period in 2021, and $9.8 billion in the second quarter of this year…

Russian Gas Flows to Europe Steady. Nord Stream 1 Pipeline Remains Shut

Sep 12, 2022

Natural gas flows from Russia to Europe along key routes were steady on Monday morning, while the Nord Stream 1 pipeline remained shut.Eastbound natural gas flows through the Yamal-Europe pipeline to Poland from Germany were steady.Exit flows…

Russian Gas Flows to Europe Resume via Nord Stream 1 Pipeline

Jul 21, 2022

Physical flows of Russian gas through its biggest pipeline to Germany resumed on Thursday after a 10-day outage, and eastbound gas flows via the Yamal-Europe pipeline to Poland from Germany increased, operators' data showed.Europe has been on…

Russia's Control of Sakhalin Project Could Pose Upside Risk to LNG Prices

Jul 01, 2022

Russia announced on Friday a decree that seizes full control of the Sakhalin-2 gas and oil project in the country's far east, a move that could force out Shell and Japanese investors and adds another bullish factor to prices in a tight global LNG market…

Russian Gas Flows to Europe via Nord Stream Pipeline and Ukraine Remain Steady

Jun 27, 2022

Flows of Russian gas to Europe via the Nord Stream 1 pipeline and deliveries through Ukraine remained steady on Monday morning, operator data showed.Physical flows to Germany through the Nord Stream 1 pipeline across the Baltic Sea stood at 29…

European Gas Prices Dip as Correct Previous Gains, Norwegian Flows Rise

Jun 24, 2022

Dutch and British wholesale gas prices mostly fell on Friday morning, correcting gains made the previous day after Germany triggered the second phase of its emergency gas plan.The benchmark Dutch wholesale gas contract for July delivery  was down 4…

TotalEnergies Ramps up Share Buybacks, Boosts North Sea Spending to Replace Russia Volumes

Apr 29, 2022

TotalEnergies could up to double its share buybacks this quarter, it said on Thursday, after soaring oil and gas prices as a result of Russia's invasion of Ukraine drove a sharp rise in quarterly earnings.The French oil and gas major, which is bolstering its renewables and electricity portfolios…

TotalEnergies, Pressured on Russian Gas Assets, Looks at North Sea, US

Mar 24, 2022

TotalEnergies, which is maintaining assets in Russian gas projects even after Russia's invasion of Ukraine, is now looking into sourcing its gas from the United States and projects in the North Sea, its chief executive said on Thursday.'There…

Russian Gas Deliveries to Europe Dip Slightly

Mar 23, 2022

Russian gas deliveries to Europe through the Nord Stream 1 pipeline across the Baltic Sea dipped slightly on Wednesday, while gas continued to flow eastwards from Germany into Poland along the Yamal-Europe pipeline.Flows to Germany through Nord Stream 1 stood at 65…

Activists Spray Paint TotalEnergies' HQ West of Paris over Russia Ties

Mar 21, 2022

Pressure mounted on TotalEnergies over its ties to Russia as activists spray-painted its headquarters west of Paris on Monday and France's green presidential candidate accused the company and its boss of complicity with the Kremlin.TotalEnergies…

Nord Stream 1 Gas Pipeline Deliveries Dip In Line with Requests

Mar 17, 2022

Russian gas deliveries to Europe via the Nord Stream 1 pipeline declined from normal levels on Thursday but were in line with requests for gas, while the Yamal-Europe pipeline remained in reverse mode for a third consecutive day.Flows to Germany…

Russian Piped Gas Deliveries to Europe Stable

Mar 10, 2022

Russian piped gas deliveries into Germany via Nord Stream 1 and Poland and into Slovakia via Ukraine remained stable, pipeline operator data showed on Thursday.Flows through the Nord Stream 1 pipeline which crosses the Baltic Sea to Germany were steady at around 73…

As Russia Avoids Energy Sanctions, Oil Majors Flee but TotalEnergies Stays

Mar 07, 2022

BP, Shell, Exxon, Equinor flag Russia exitsTotalEnergies sticks with Russian natgas assetsLNG central to TotalEnergies' strategyFrance's TotalEnergies cuts a lonely figure hanging onto its Russian investments during a mass exodus of western oil majors from the country after its invasion of Ukraine…

Gazprom Neft Wraps Six-vessel Shallow Water Seismic Survey in Kara Sea

Feb 14, 2022

Russian oil firm Gazprom Neft has recently completed a seismic data acquisition project at the Yuzhno-Obsky license block, located in the waters of the Gulf of Ob in the Kara Sea.The objective of the six-vessel survey campaign was to clarify the structure of promising underlying geological features…

Putin Says Nord Stream 2 Link Ready to Calm Gas Prices

Dec 29, 2021

Russian President Vladimir Putin said on Wednesday the Nord Stream 2 undersea gas pipeline would help to calm a surge in European gas prices and was ready to start exports now a second stretch of the pipeline has been filled.Nord Stream 2, completed…

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