TotalEnergies approves development of Cronos gas field
The field in Cyprus will supply LNG to Europe via Egypt, with production start-up expected in 2028.
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Global integrated energy company
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In short: TotalEnergies reported strong Q2 2026 financial results, increased its dividend, and faced a French court ruling on climate vigilance.
The field in Cyprus will supply LNG to Europe via Egypt, with production start-up expected in 2028.
The company argues the law does not cover global climate change or customer product use, and it will present arguments to the Paris Court of Appeal.
The dividend is a 5.9% increase over 2025, paid in cash on January 5, 2027.
The dividend reflects the company's cash flow growth and will be paid in January 2027.
Suriname's Block 58 and Block 52 discoveries are pushing the country toward major oil producer status as GranMorgu nears its 2028 startup.
TotalEnergies caps its fuels at €1.99/L for gasoline and €2.25/L for diesel since July 2026. Yet, this measure costing €200 million...
Venus and Mopane, which could together produce about 350 000 barrels of oil a day, now fall under the French multinational.
TotalEnergies (TTE) will be able to continue selling gas from its flagship Siberian project to Asia after the European Union bowed to demands to allow...
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