In a move to emphasize its rebranding to a broad energy company, French supermajor TotalEnergies SE has acquired a 20% stake in Hysetco, which owns the largest hydrogen taxi fleet in the world. Hysetco has about 700 taxis in Paris and it operates a network of hydrogen stations. The company was established in 2015 under […]
Iraq signs agreement with Total for four energy projects
BAGHDAD: Iraq has signed a heads-of-agreement deal with French firm Total spanning four projects involving natural gas, solar energy and seawater reprocessing, the oil ministry said on Monday. Total will make a “multi-billion-dollar” investment and the four initial deals will be submitted to the cabinet for final approval, Oil Minister Ihsan Abul Jabbar was quoted […]
Total to keep up renewables energy investments in 2021 – CEO
Total is trying to reduce its dependence on oil and shift towards electricity and renewable energy, and aims to have 35 gigawatts (GW) of gross renewable energy generation capacity by 2025 from around 9 GW now PARIS: Total will be as active in adding renewable energy assets in 2021 as it was last year, Chief […]
France’s Total aims to grow renewable energy in India to 6GW by 2025: CEO
CEO Patrick Pouyanne said on Monday that France’s Total wants to expand renewable energy portfolio in India LONDON: France’s Total aims to grow its renewable energy portfolio in India to 6 gigawatts by 2025, CEO Patrick Pouyanne said on Monday. Speaking in an online interview at CERWeek’s India Energy Conference, Pouyanne said that retail fuel […]
Total CEO advises exploiting renewables M&A bubble
LONDON: Total TOTF.PA Chief Executive Patrick Pouyanne said on Wednesday that there is a bubble forming in the merger and acquisitions market for renewable power projects, which Total aims to exploit by selling development projects. “There is a bubble. But the mistake would be to make M&A today on renewables,” he told the Energy Intelligence […]
Total CEO reviews projects with Gautam Adani
French supermajor Total S A CEO Patrick Pouyanne made a day-long visit to India to review the gas and renewable energy projects his firm has with Adani Group. Total has joint ventures with Adani Group firms for city gas distribution, LNG import terminal, and renewable energy projects. In February this year, Total and Adani Green […]