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Stock impact report

TotalEnergies LNG Moves In Africa Raise Questions On Valuation And Growth [Yahoo! Finance]

TotalEnergies SE Ordinary Shares (TTE) 
Company Research Source: Yahoo! Finance
TotalEnergies (ENXTPA:TTE) has resumed full activities at its Mozambique LNG project after lifting force majeure originally declared in 2021. The company highlighted expected economic and local job impacts from restarting the large scale LNG development in Mozambique. In Namibia, TotalEnergies has strengthened its position in the Orange Basin by taking on operator roles in key offshore licenses, including the Mopane discoveries. The company is also working toward a potential final investment decision for the Venus project, reinforcing its commitment to Namibian offshore resources. TotalEnergies, traded as ENXTPA:TTE, is a global integrated energy company with a significant presence in LNG and offshore exploration. The restart of Mozambique LNG and new steps in Namibia come as international oil and gas groups continue to invest in long life, large scale projects in resource rich basins. For you as an investor, these moves highlight where the company is currently focusing capit Show less Read more
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