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25 stories mentioning TTE.L

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BNP Paribas Upgrades TotalEnergies to Outperform, Boosts PT

BNP Paribas on Friday raised French energy group TotalEnergies (TTE.PA, TTE.L) to outperform from neutral and increased its price target to 95 euros from 62 euros.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

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Equities

TotalEnergies Expects Higher Fuel Prices to Boost Q1 Results

TotalEnergies (TTE.PA, TTE.L) said Thursday that higher prices for oil and gas will positively impact its upcoming results for the first quarter of 2026.The French energy group said the Brent crude price was $81.1 per barrel in the reporting quarter, up from $63.7 per barrel in the fourth quarter of 2025, while the average liquids price rose to $73.7 per barrel from $61.4 per barrel in the prior quarter.Meanwhile, the average gas price increased to $5.59 per million British thermal units from $5.11 per mbtu, and the average LNG price remained stable at $8.48 mbtu.Meanwhile, TotalEnergies expects its oil and gas production in the first quarter to be consistent with the prior three-month period.

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Equities

TotalEnergies, Turkey's TPAO Sign MoU for Potential Exploration Collaboration

TotalEnergies (TTE.PA, TTE.L) signed a memorandum of understanding with Türkiye Petrolleri Anonim Ortaklığı, or TPAO, to explore potential technical exploration collaborations.The agreement for a framework includes joint assessment of exploration opportunities in Turkey's Black Sea region as well as international prospects, according to a Monday release. from the French energy giant.

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Equities

TotalEnergies Reports Hydrocarbon Discovery Offshore Congo

TotalEnergies (TTE.L, TTE.PA) said Monday it made a hydrocarbon discovery on the Moho license, offshore the Republic of Congo.The discovery follows the drilling of the MHNM-6 NFW exploration well, which encountered a hydrocarbon column of 160 meters.The French energy giant also conducted an extensive data acquisition and sampling campaign to support subsurface analysis and future development plans.TotalEnergies EP Congo is the operator of the Moho license with a 63.5% participation.

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Equities

Vessels Partially Blocked in Belgium's Port of Antwerp Due to Oil Spill

The Port of Antwerp in Belgium said Friday the passage of vessels were blocked due to an oil spill during a bunkering operation.The Scheldt Dock was closed early morning but was reopened to shipping hours around early afternoon. On the other hand, the Deurganck Dock, where the oil spill occurred, remains closed. The port added the Zandvliet and Berendrecht locks are also closed due to the presence of oil slicks.European refineries operated by Exxon Mobil Corp. (XONA.F) and TotalEnergies SE (TTE.PA, TTE.L) are located in the port, as reported by Bloomberg News.Exxon and TotalEnergies did not immediately respond to a request for comment from.

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