TotalEnergies SE Updates

TotalEnergies SE, an integrated oil and gas company, has experienced a decline in its stock price, with the current value lower than its 52-week high.

Recent Developments

  • Environmental groups have launched a legal challenge against TotalEnergies for exploratory drilling off the Cape coast, citing concerns about oil spills.
  • TotalEnergies has announced plans for a large-scale green hydrogen project in Chile, which is expected to be a significant investment.

Ongoing Operations

  • The company is involved in various projects, including:
    • Drilling operations in Suriname
    • Drilling operations in Angola
  • TotalEnergies continues to operate in the energy sector, with a focus on both traditional oil and gas activities as well as renewable energy initiatives.