TotalEnergies SE

TTE

FR0000120271

Integrated Oil & Gas

Market Closed - Euronext Paris Other stock markets 11:35:20 2025-06-19 am EDT			After hours 02:53:28 pm
54.90 ^EUR	+2.14%		55.22	+0.59%

12:32pm	North Sea Crude-Midland, Forties slip but still elevated	RE
06:18am	TOTALENERGIES : EPS upgrade (2025: +16.7%, 2026: +13.9%)

TotalEnergies Sells 50% Stake in Polish Biogas Firm to HitecVision

Published on 05/14/2025 at 05:38

By Michael Susin

TotalEnergies said it agreed to sell 50% of its fully-owned Polska Grupa Biogazowa in a deal valued at 190 million euros ($212.5 million), including debt, to Norwegian investment company HitecVision.

The French oil-and-gas company said Wednesday that the sale will enable the Polish biogas producer to continue its growth as it currently has two plants under construction and aims to diversify into biomethane production.

"Biogas and biomethane is a core focus for HitecVision's new energy program," it added.

PGB currently has 20 units in operation and a production capacity of more than 450 gigawatt-hours of equivalent biomethane, it said.

The company was fully acquired in 2023 by TotalEnergies.

Write to Michael Susin at michael.susin@wsj.com

(END) Dow Jones Newswires

05-14-25 0537ET

Stocks mentioned in the article

	Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	HITECVISION	115.00NOK	-8.00%	-.--%	219M
	TOTALENERGIES SE	54.90EUR	+2.14%	+0.29%	139B

Latest news about TotalEnergies SE

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European Equities Close Mostly Lower in Wednesday Trading; UK Annual Inflation Falls in May	Jun. 18	MT
Global markets live: Amazon, Meta, Boeing, TotalEnergies, Airbus…	Jun. 18
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TotalEnergies Enters Joint Study Deal for Sustainable Aviation Fuel Production	Jun. 18	MT
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TotalEnergies CEO expects to restart Mozambique LNG project this summer	Jun. 17	RE
TotalEnergies CEO expects to restart Mozambique LNG project this summer	Jun. 17	RE
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Chart TotalEnergies SE

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TTE: Dynamic Chart

Company Profile

TotalEnergies SE is one of the leading worldwide oil groups. Net sales break down by activity as follows: - refining and chemistry (43.6%): refining of petroleum products (operated, at the end of 2024, 14 refineries throughout the world) and manufacture of basic chemistry (olefins, aromatics, polyethylene, fertilizer, etc.) and of specialty chemistry (rubber, resins, adhesives, etc.). The group is also operating in trading and sea transport of crude oil and oil products; - petroleum products distribution (38.8%): at the end of 2024 operated 13,148 service stations worldwide; - electricity generation (10.3%): from combined cycle gas plants and renewable energies; - gas production, trading, transport and distribution (4.6%): primarily liquefied natural gas (39.8 million tons sold in 2024), natural gas, biogas, hydrogen, liquefied petroleum gas, etc.; - hydrocarbon operating and production (2.6%): 2.4 million barrels of oil equivalent produced per day in 2024; - other (0.1%). Net sales are distributed geographically as follows: France (23%), Europe (41.5%), Africa (10.2%), North America (8.4%) and other (16.9%).

Employees

95,393

Sector

Integrated Oil & Gas

Calendar

2025-06-18 - Final dividend

More about the company