Lets Talk Finances

Provoking Discussion on Personal Finance and Investing

TTE - TotalEnergies SE ()

Overview

Company Summary


TotalEnergies SE (formerly known as Total S.A.) is a multinational energy company engaged in various aspects of the energy sector. It is involved in oil and gas exploration, production, refining, marketing, and distribution.

TotalEnergies is one of the major integrated oil and gas companies globally, with operations spanning across more than 130 countries. The company has a diversified portfolio that includes exploration and production activities in both conventional and unconventional oil and gas reserves. This involves searching for oil and gas deposits, and extracting them through drilling and production techniques.

In addition to exploration and production, TotalEnergies is also actively involved in refining crude oil into different refined products, such as gasoline, diesel, and jet fuel. The refined products are then distributed through its extensive network of service stations and retail channels. The company has a strong presence in the retail sector, with over 16,000 service stations worldwide.

Moreover, TotalEnergies has a significant presence in the natural gas and electricity sector. It engages in the production and distribution of natural gas, including liquefied natural gas (LNG). The company is involved in the construction and operation of LNG terminals and infrastructure to transport natural gas around the world.

TotalEnergies has also been investing heavily in renewable and low-carbon energy sources. It has expanded its operations into renewable energy sectors such as solar, wind, and biofuels, as part of its commitment to reduce greenhouse gas emissions and transition towards cleaner and sustainable energy sources.

The company operates under a wide range of brands, including TotalEnergies, Total, and ELF, and it employs around 105,000 people globally.

In summary, TotalEnergies is an integrated energy company involved in oil and gas exploration, production, refining, marketing, and distribution. It also operates in the natural gas, electricity, and renewable energy sectors, aiming to meet the growing energy needs while transitioning towards a more sustainable future.

Notes (see all)

News