Eni at ‘final stage' of decision to develop Cronos gas field off Cyprus, says COO [Yahoo! Finance]
TotalEnergies SE Ordinary Shares (TTE)
Company Research
Source: Yahoo! Finance
gas field off Cyprus that could deliver the hydrocarbon to European markets within two years. Eni has a reputation for expediting energy projects but a few documents still need to be finalized before work to extract natural gas from the Cronos deposit can begin, Chief Operating Officer Guido Brusco told told The Associated Press. “There are a few things missing which we believe to close very soon,” said Brusco, adding that it's possible for gas to reach European markets by the end of next year or early 2028 “if we complete our homework.” Cronos is one of three natural gas deposits that Eni and its French partner TotalEnergies discovered in Block 6 of Cyprus' exclusive economic zone. It's is estimated to hold 3.4 trillion cubic feet of the hydrocarbon. Eni and Total hold exploration licenses for four of 13 sections of Cyprus' economic zone. ExxonMobil is licensed for one block abutting Block 6, where the company made two significant discoveries. A consortium of Chevron, Shell
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TTE
News
- TotalEnergies (NYSE:TTE) had its "sector perform" rating reaffirmed by analysts at Scotiabank.MarketBeat
- TotalEnergies joins forces with BluEnergies for Harper Basin exploration [Yahoo! Finance]Yahoo! Finance
- Staatsolie Closes 2025 on Strong Note, Looks Forward to Pivotal 2026 [Yahoo! Finance]Yahoo! Finance
- TOTALENERGIES PARTNERS WITH BLUENERGIES IN ITS HARPER BASIN FAN PLAY, OFFSHORE LIBERIAPR Newswire
- TOTALENERGIES PARTNERS WITH BLUENERGIES IN ITS HARPER BASIN FAN PLAY, OFFSHORE LIBERIAPR Newswire
TTE
Earnings
- 10/30/25 - Miss
TTE
Sec Filings
- 1/14/26 - Form 6-K
- 1/7/26 - Form FWP
- 1/2/26 - Form 6-K
- TTE's page on the SEC website