TotalEnergies and SINOPEC sign cooperation deal on climate efforts [Reuters]
TotalEnergies SE (TTE)
Company Research
Source: Reuters
The two companies plan to join forces on R&D on biofuels, hydrogen, and carbon capture and storage technologies in particular, TotalEnergies said in a press release. WHY IT'S IMPORTANT The cooperation between two of the world's largest energy companies indicates energy transition projects might be a rare realm of increased international cooperation amid current tensions between China and Western countries. KEY QUOTE Patrick Pouyanne, CEO of TotalEnergies: "This strategic cooperation agreement reflects our common desire to combine our multi-energy expertise to meet growing global demand while building tomorrow's decarbonised energy system." CONTEXT TotalEnergies and SINOPEC have already been working together in Angola and Brazil on exploration projects. They also recently joined forces to develop a production unit for so-called (SAF) in China. The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up Reporting by Tas
Show less
Read more
Impact Snapshot
Event Time:
TTE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TTE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TTE alerts
High impacting TotalEnergies SE news events
Weekly update
A roundup of the hottest topics
TTE
News
- Outlook: global LNG trade amid market uncertainties [Yahoo! Finance]Yahoo! Finance
- Suriname's Oil Resources Seen Totaling 2.4 Billion Barrels [Yahoo! Finance]Yahoo! Finance
- Suriname's Oil Resources Seen Totaling 2.4 Billion Barrels [BNN Bloomberg (Canada)]BNN Bloomberg
- Total Voting Rights [Yahoo! Finance]Yahoo! Finance
- TotalEnergies SE: Information Concerning the Total Number of Voting Rights and Shares in the Share Capital as at April, 30 2024Business Wire
TTE
Earnings
- 4/26/24 - Beat
TTE
Sec Filings
- 5/17/24 - Form SD
- 5/2/24 - Form 6-K
- 4/29/24 - Form F-3ASR
- TTE's page on the SEC website