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Top related persons:
Chen - 1 refiners - 1 China's - 1 Wood Mackenzie - 1 WoodMac - 1 Ganesh Gopalakrishnan - 1 TotalEnergies's - 1 Salmon Lee - 1
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Dalian Liaoning province China Asia Europe U.S Guangdong Jiangsu
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REUTERS - 1 International Energy Agency - 1 Reuters Graphics - 1 Guangdong Petrochemical - 1 Jiangsu Shenghong Petrochemical - 1 Zhejiang Petrochemical Corp - 1 Hengli Petrochemical - 1 Sinopec - 1

Search resuls for: "TotalEnergies's"


4 mentions found


☆ China refiners stoke petrochemical glut in market-share war
  + stars: | 2023-06-25 | by ( Mohi Narayan Andrew Hayley | Mohi Narayan | Andrew Hayley | ) www.reuters.com   time to read: +4 min
New capacity in China is expected to make up more than half of that growth, according to the International Energy Agency. Reuters GraphicsIn 2023, WoodMac sees China's output growth creating a local surplus of 4.24 million metric tons of ethylene and an even bigger oversupply of propylene at 8.69 million metric tons. Reuters GraphicsMARKET SHARE BATTLENewly launched refinery complexes by state giant PetroChina's (601857.SS) Guangdong Petrochemical and privately-run Jiangsu Shenghong Petrochemical have added to surging petrochemical supply from mega refiners Zhejiang Petrochemical Corp and Hengli Petrochemical (600346.SS) that has come online in recent years. Rongsheng Petrochemical (002493.SZ) and Hengyi Petrochemical (000703.SZ) swung to net losses in the first quarter. While Chinese demand from some sectors such as inexpensive clothing and daily essentials is robust, other sectors such as automative have yet to recover in line with expectations, said Salmon Lee, global head of polyesters at consultancy WoodMac.
Persons: Chen, refiners, China's, Wood Mackenzie, WoodMac, Ganesh Gopalakrishnan, TotalEnergies's, Salmon Lee, Lee, Mohi Narayan, Andrew Hayley, Matthew Chye, Florence Tan, Sonali Paul Organizations: REUTERS, Reuters, International Energy Agency, Reuters Graphics, Guangdong Petrochemical, Jiangsu Shenghong Petrochemical, Zhejiang Petrochemical Corp, Hengli Petrochemical, Sinopec, Rongsheng Petrochemical, Hengyi Petrochemical, Thomson Locations: Dalian, Liaoning province, China, Asia, Europe, U.S, Guangdong, Jiangsu, China's, New Delhi, Beijing
☆ France and Iraq sign comprehensive strategic partnership agreement
  + stars: | 2023-01-27 | by ( ) www.reuters.com   time to read: +1 min
France and Iraq signed a treaty seeking to strengthen bilateral relations in anti-corruption, security, renewable energy and culture, the Elysee Palace said in a statement issued in the early hours of Friday. "In terms of alternative energies, they showed their commitment to the implementation of TotalEnergies's (TTEF.PA) multiple-energies project (...) based on solar energy and investments in gas." When TotalEnergies and Baghdad in 2021 signed an agreement to build four giant solar, gas, power and water projects in southern Iraq over 25 years, hopes for an exodus reversal were high. Exxon Mobil (XOM.N), Shell (SHEL.L) and BP (BP.L) have all sought to scale back their operations in Iraq in recent years. Reporting by Akriti Sharma in Bengaluru and Benoit Van Overstraeten in Paris; Editing by Tom Hogue and Sudip Kar-GuptaOur Standards: The Thomson Reuters Trust Principles.
☆ QatarEnergy in talks for 30% stake in Lebanon offshore gas project, says CEO
  + stars: | 2022-10-30 | by ( ) www.reuters.com   time to read: +2 min
DOHA, Oct 30 (Reuters) - State-owned QatarEnergy is in talks with the Lebanese government to take a 30% stake in an offshore exploration block and is also negotiating with TotalEnergies (TTEF.PA) and ENI (ENI.MI) on this matter, CEO Saad al-Kaabi confirmed on Sunday. "We are in the process of discussing that with the government of Lebanon and the partners, Total and ENI for a participation of around 30% ownership of that exploration block," Kaabi said. The initial exploration license was held by a three-part consortium of TotalEnergies, Italy's Eni and Novatek (NVTK.MM). The sources had said that the understanding between TotalEnergies and Lebanon was that the French group would enter negotiations with QatarEnergy over the former Novatek stake, and that Qatar was seeking a 30% stake, comprised of Novatek's former stake and a 5% stake from each of TotalEnergies and Eni. Offshore areas in the eastern Mediterranean and Levant have yielded major gas discoveries in the past decade.
☆ Workers continue strikes at TotalEnergies Normandy and Fezyin refineries - union
  + stars: | 2022-10-20 | by ( ) www.reuters.com   time to read: 1 min
The logo of French oil and gas company TotalEnergies is seen at the company's headquarter skyscraper in La Defense near Paris, France, October 12, 2022. REUTERS/Gonzalo FuentesCompanies TotalEnergies SE FollowPARIS, Oct 20 (Reuters) - Workers at TotalEnergies (TTEF.PA) Normandy and Feyzin refineries decided to continue a strike which has dragged on for almost four weeks on Thursday, a CGT union representative told Reuters, adding that a walkout at all other sites of the company had been ended. Workers at TotalEnergies's La Mede refinery and at a storage site in Dunkirk in the morning chose to resume work, the union representative said. Register now for FREE unlimited access to Reuters.com RegisterReporting by Tassilo Hummel, Editing by Dominique VidalonOur Standards: The Thomson Reuters Trust Principles.
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