Kampala, Uganda | THE INDEPENDENT | The Board of Directors of TotalEnergies SE this week decided to call an ordinary meeting which will among other matters retain Patrick Pouyanné, Chairman and Chief Executive Officer. There had been speculation that Patrick Pouyanné was about to leave at the top leadership at the …
Read More »TotalEnergies to decarbonize its European refineries
French super major call for tenders to supply 500,000 tonnes of green hydrogen per annum Kampala, Uganda | RONALD MUSOKE | French energy giant TotalEnergies has initiated a step toward its goal of decarbonizing its European refineries by issuing a call for tenders to secure an annual supply of 500,000 tonnes …
Read More »TotalEnergies restates that Uganda oil plans on track
Patrick Pouyanne says in Uganda and elsewhere, TotalEnergies will focus on investments in low-cost and low-carbon assets. Kampala, Uganda | THE INDEPENDENT | The French oil major TotalEnergies has affirmed its total commitment to extract Uganda’s oil despite concerns by climate activists. The company has been under intense pressure to …
Read More »TotalEnergies Q3 net income reaches 6.6 bln USD
Paris, France | Xinhua | French multinational energy and petroleum company TotalEnergies on Thursday said that its net income rose to 6.6 billion U.S. dollars in the third quarter of 2022, a year-on-year increase of 43 percent. In a press release, Patrick Pouyanne, chief executive officer (CEO) of TotalEnergies, said that …
Read More »It is early to say no to oil and gas: TotalEnergies
Kampala, Uganda | THE INDEPENDENT | Patrick Pouyanné, CEO of TotalEnergies says the current energy market disruptions have reinforced the necessity of dialogue on a global basis about the energy transition. Pouyanné in a statement said with the increased penetration of renewables globally, natural gas keeps a key role in the energy …
Read More »Museveni urges oil companies to commit to getting oil flowing in 2025
Kampala, Uganda | THE INDEPENDENT | “D-Day means Day of Departure, and to us, its day of departure to work.” This is what the announcement of the Final Investment Decision on Tuesday means for the oil and gas joint venture companies, according to Total Energies Chairman and Chief Executive Patrick Pouyanné. …
Read More »Uganda, TOTAL agree on pipeline project
Mukono, Uganda | THE INDEPENDENT | The Uganda government and the French oil giant Total E&P have reached a major milestone that paves the way for a Final Investment Decision on the production of Uganda’s oil. This came during a meeting between President Yoweri Museveni and Patrick Pouyanné, Chairman and CEO …
Read More »Oil collapse wipes out profits at Total
Paris, France | AFP | Total said Tuesday its quarterly profit fell by 99 percent because of dropping oil prices and announced it would slash investments in response to ongoing turmoil in crude markets. The French oil major reported a net profit of $34 million for the first quarter, against $3.1 billion a year earlier. …
Read More »Optimism and pessimism for oil sector in 2019
Kampala, Uganda | THE INDEPENDENT | The oil sector in 2019 was dotted with both sheds optimism and pessimism in equal measure. The year started with government pledge for transparency in the sector when it signed up to the Extractive Industries Transparency Initiative (EITI), much to the delight of civil …
Read More »Pouyanne: Museveni’s oil trouble has a name
‘The man ready to teach Uganda a lesson’ Kampala, Uganda |THE INDEPENDENT | Details emerging following the recent failure of major oil companies to pressure the Uganda government to grant tax concessions before a crucial purchase and sale deal are casting the country as a “nightmare” for oil firms. And …
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