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TotalEnergies to hike dividend and oil production, de-risk gas to 2030

UPDATE 4-TotalEnergies to hike dividend and oil production, de-risk gas to 2030 Company to increase dividends per share by 5% in 2025 Can maintain buybacks under $70 per barrel Board supports selling shares in New York Targets 3% annual growth in oil and gas production to 2030 Adds news on New York-listed shares in paragraph 2 and update on Mozambique LNG project in paragraph 10 By America Hernandez PARIS, Oct 2 - French oil major TotalEnergies TTEF.PA told investors on Wednesday it would focus
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European oil stocks gain, tracking oil prices amid Middle East supply concerns

BUZZ-European oil stocks gain, tracking oil prices amid Middle East supply concerns ** Shares in European oil and gas companies rise, tracking oil prices that jumped on fears over Middle East supply disruptions ** The pan-European oil and gas index .SXEP is up 1.9% at 0722 GMT and on track for its biggest daily jump in eight weeks if the gains hold
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Oil names lead gains in Europe

LIVE MARKETS-Oil names lead gains in Europe STOXX 600 up 0.3% Crude rises, oil stocks up Airlines fall Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com OIL NAMES LEAD GAINS IN EUROPE European stock markets are in positive territory, with the STOXX 600 rising 0.3% in spite of investor jitters amid the escalation in the Middle East .
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TotalEnergies to highlight its low-cost oil, long-term LNG sales to investors

RPT-TotalEnergies to highlight its low-cost oil, long-term LNG sales to investors Repeats story from OCT 1 with no changes to text Four upstream mega-projects approved this year Gas sales deals linked to oil, U.S. prices reduce risk Renewables portfolio far exceeds that of peers Update expected on cross-listing shares in New York By America Hernandez PARIS, Oct 1 - Fresh off a flight from Suriname, TotalEnergies' CEO is expected to tell investors in New York on Wednesday that the energy giant ca
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Bureau Veritas, Covestro AG, Redcare Pharmacy NV

EUROPE RESEARCH ROUNDUP-Bureau Veritas, Covestro AG, Redcare Pharmacy NV Oct 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bureau Veritas, Covestro AG and Redcare Pharmacy NV, on Wednesday. HIGHLIGHTS * British Land BLND.L : Deutsche Bank raises to buy from hold * Bureau Veritas BVI.PA : JP Morgan cuts to neutral from overweight * Covestro AG 1COV.DE : Jefferies cuts to hold from buy * Redcare Pharmacy NV RDC.DE : HSBC raises t
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Big oil's big payouts under strain as energy prices fall

UPDATE 1-Big oil's big payouts under strain as energy prices fall Oil majors paid shareholders $272 bln last year Lower oil prices, refining margins to curb profits Some companies to borrow, others to cut payouts, analysts say Updates with Chevron comment, Shell declined to comment in paragraphs 22 and 23 By Ron Bousso LONDON, Oct 1 (Reuters) - Major energy companies are set to borrow billions to maintain shareholder payouts or cut the rate of share repurchases in the face of a drop in oil price
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TotalEnergies to highlight its low-cost oil, long-term LNG sales to investors

TotalEnergies to highlight its low-cost oil, long-term LNG sales to investors Four upstream mega-projects approved this year Gas sales deals linked to oil, U.S. prices reduce risk Renewables portfolio far exceeds that of peers Update expected on cross-listing shares in New York By America Hernandez PARIS, Oct 1 - Fresh off a flight from Suriname, TotalEnergies' CEO is expected to tell investors in New York on Wednesday that the energy giant can maintain returns through 2030 despite falling price
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Big oil's big payouts under strain as energy prices fall

Big oil's big payouts under strain as energy prices fall Oil majors paid shareholders $272 bln last year Lower oil prices, refining margins to curb profits Some companies to borrow, others to cut payouts, analysts say By Ron Bousso LONDON, Oct 1 (Reuters) - Major energy companies are set to borrow billions to maintain shareholder payouts or cut the rate of share repurchases in the face of a drop in oil prices after more than two years of bumper profits , analysts said.
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Storm Helene prompts US Gulf Coast energy facilities to scale back operations

RPT-FACTBOX-Storm Helene prompts US Gulf Coast energy facilities to scale back operations Repeats to add headline tag, no change to content of item Sept 26 (Reuters) - Energy facilities along the U.S. Gulf Coast reduced operations and evacuated production sites as Hurricane Helene, initially a Category 4 storm, made landfall before weakening to a tropical storm.
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Brazil's Prio to pay $1.92 bln for Peregrino oil field stake from Sinochem

UPDATE 1-Brazil's Prio to pay $1.92 bln for Peregrino oil field stake from Sinochem Add details of the filing in paragraph 2, context of the deal in paragraphs 3-6 SAO PAULO, Sept 26 (Reuters) - Brazilian oil firm Prio PRIO3.SA said on Thursday it has reached an agreement to purchase a stake in the Peregrino oil field for $1.92 billion from China's oil and chemicals firm Sinochem [RIC:RIC:SASADA.UL].
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Storm Helene prompts US Gulf Coast energy facilities to scale back operations

Storm Helene prompts US Gulf Coast energy facilities to scale back operations Updates table with the latest data, updates paragraphs 1-3 Sept 26 (Reuters) - Energy facilities along the U.S. Gulf Coast reduced operations and evacuated production sites as Hurricane Helene, initially a Category 4 storm, made landfall before weakening to a tropical storm.
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Petrobras in talks with Exxon, Shell and others over Africa exploration - Bloomberg News

MEDIA-Petrobras in talks with Exxon, Shell and others over Africa exploration - Bloomberg News -- Source link: https://tinyurl.com/2bz6l95e -- Note: Reuters has not verified this story and does not vouch for its accuracy
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Shell, Equinor, TotalEnergies open Norwegian CO2 storage facility

Shell, Equinor, TotalEnergies open Norwegian CO2 storage facility By Nora Buli OSLO, Sept 26 (Reuters) - Shell SHEL.L , Equinor EQNR.OL and TotalEnergies TTEF.PA said on Thursday their carbon dioxide (CO2) storage project on Norway's west coast is now completed and ready to receive CO2, with its first deliveries expected next year. Carbon capture and storage (CCS) has long been highlighted as a way to reduce CO2 emissions but there are few commercial projects in existence, with Norway in 2020 la
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European oil stocks fall tracking lower oil prices

BUZZ-European oil stocks fall tracking lower oil prices ** Shares in European oil companies move lower, tracking oil prices , which fell on prospects of Saudi Arabia raising output ** Saudi Arabia is preparing to abandon its unofficial price target of $100 a barrel for crude as it prepares to increase output, the Financial Times reported ** "Moment
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Hurricane Helene prompts US Gulf Coast energy facilities to scale back operations

FACTBOX-Hurricane Helene prompts US Gulf Coast energy facilities to scale back operations Adds KinderMorgan, BP and Chevron update in table Sept 26 (Reuters) - Energy facilities along the U.S. Gulf Coast scaled back operations and evacuated some production sites as Hurricane Helene is expected to bring catastrophic winds and storm surges to the northeastern Gulf Coast.
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About 29% of crude production shut in Gulf of Mexico due to Hurricane Helene

UPDATE 1-About 29% of crude production shut in Gulf of Mexico due to Hurricane Helene Adds details, paragraphs 4-7 Sept 25 (Reuters) - About 29% of crude production and 17% of natural gas output in the U.S. Gulf of Mexico were shut in response to Hurricane Helene , the U.S. Bureau of Safety and Environmental Enforcement said on Wednesday. Energy producers had shut-in 511,000 barrels per day of oil production and nearly 313 million cubic feet of natural gas from Gulf waters, the bureau added.
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Equinor shuts operations at Titan platform in Gulf of Mexico due to hurricane Helene

Equinor shuts operations at Titan platform in Gulf of Mexico due to hurricane Helene Sept 25 (Reuters) - Norwegian oil producer Equinor EQNR.OL on Wednesday said it has shut in operations and evacuated staff at its Titan platform in the Gulf of Mexico as of Tuesday morning due to approaching hurricane Helene . Reporting by Sherin Elizabeth Varghese
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Sustainable Finance Newsletter - Making the business case for boardroom diversity

Sustainable Finance Newsletter - Making the business case for boardroom diversity By Ross Kerber Sept 25 (Reuters) - You'll hear a lot of theory about corporate diversity efforts but if you want to know what's actually happening , San Francisco-based investment consultant Barry Lawson Williams always has an informed take . So I was interested to hear about Williams' latest project, interviews with 100 Black directors, at a time when various corporate diversity efforts are under pressure.
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Brazil's Prio 'optimistic' about talks with Sinochem to buy Peregrino oil field stake

UPDATE 2-Brazil's Prio 'optimistic' about talks with Sinochem to buy Peregrino oil field stake Adds comments from Prio CEO By Fabio Teixeira and Rodrigo Viga Gaier SAO PAULO, Sept 25 (Reuters) - The chief executive of Brazilian oil company Prio PRIO3.SA is " optimistic" about talks with China's oil and chemicals firm Sinochem SASADA.UL for the potential purchase of a stake in the Peregrino oil field, h e told Reuters on Wednesday .
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Storm Helene's eastward tack eases pressure on offshore US oil

UPDATE 1-Storm Helene's eastward tack eases pressure on offshore US oil Adds oil, gas production shut, port restrictions at paragraphs 4-7 By Gary McWilliams and Marianna Parraga HOUSTON, Sept 24 (Reuters) - Tropical Storm Helene was expected to turn eastward on its track through the Caribbean and into the Gulf of Mexico, increasing the threat of high winds and heavy rains to Cuba and Florida but lessened the risk to U.S.
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