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Energy Expansion in Texas & Papua
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Overview
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TotalEnergies expands U.S. natural gas production in Texas and reinforces LNG integration for future growth. The company secures a stake in the Dorado leases and plans substantial increases in production capacity by 2028. Additionally, TotalEnergies strengthens its commitment to renewables, gas-fired power plants, and low-carbon fuels. In Papua New Guinea, TotalEnergies reaffirms its dedication to the Papua LNG project, aiming for a 2025 FID and initiating deepwater exploration.
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How do Microsoft's solar power purchase agreements reflect the broader trend of companies transitioning towards renewable energy sources?
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