TotalEnergies SE’s oil trading activities generally earn the company about $2 billion per year, Chief Executive Officer Patrick Pouyanné said, a rare comment on the vast size of the oil trading operations of some of Europe’s majors.
Shearwater Geoservices AS (Shearwater) has successfully completed a 3D marine seismic survey on behalf of TotalEnergies EP Nigeria Limited and Matrix Energy.
The Trump administration says it will reimburse energy companies $885 million to cancel two planned offshore wind farms, with the firms in turn agreeing to put money into oil and gas projects instead.…