TotalEnergies increases Suriname position with new offshore block interest
PARIS, June 27 - French oil major TotalEnergies (TTEF.PA), opens new tab has acquired a 25% interest in Block 53 offshore Suriname from Spanish firm Moeve, it said on Friday.
The block is adjacent to the Gran Morgu development, which Total took a final investment decision on in October.
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Reuters
2 days ago
- Reuters
TotalEnergies increases Suriname position with new offshore block interest
PARIS, June 27 - French oil major TotalEnergies ( opens new tab has acquired a 25% interest in Block 53 offshore Suriname from Spanish firm Moeve, it said on Friday. The block is adjacent to the Gran Morgu development, which Total took a final investment decision on in October.
Daily Mail
3 days ago
- Daily Mail
Red heat: Gas supply to No10 and government department by French firm that still imports Russian fossil fuels into Europe
Downing Street and several government departments are heated by gas supplied by a French firm that continues to import Russian fossil fuels into Europe, it was revealed today. The PM's power base in No10, the imposing Foreign Office building across the street and the Treasury are among Whitehall landmarks supplied by TotalEnergies Gas & Power. The Ministry of Defence, the Home Office and the Department for Environment, Food and Rural Affairs and the independent Bank of England are also supplied by the same firm via public sector procurement deals. The firm is a subsidiary of the French fossil fuel giant, TotalEnergies, which has a 20 per cent stake in the Yamal LNG (liquid natural gas) project in eastern Russia, which is majority owned by private Russian LNG producer Novatek. According to Politico, which uncovered the contracts using freedom of information requests, TotalEnergies says it is tied into an agreement to supply gas from the project in Siberia that it cannot break. Imports of Russian oil and gas into the UK have been banned since April 2023 under an embargo brought in after Vladimir Putin 's invasion of Ukraine. There is no suggestion that TotalEnergies has broken this embargo or that Russian gas has been used to power Whitehall. But No10 faced accusations of hypocrisy. Prime Minister Sir Keir Starmer used an energy security summit in London in April to confirm the Government's commitment to clean power, warning the UK had paid the price for Russia 'weaponising energy'. He added: 'We must continue to crack down on their energy revenues which are still fuelling Putin's war chest.' And just last week he used the G7 meeting in Canada to reiterate that he 'strongly' believes that restrictions on the price of Russian crude oil should be strengthened to deplete its energy revenues. Svitlana Romanko, executive director of Ukrainian campaign group Razom We Stand, told Politico: 'It is outrageous that British government buildings are being heated with gas from a company still tied to Russian LNG. 'Every contract with TotalEnergies sends a message that the UK is willing to look the other way as Ukrainians suffer.' Asked if No10 was being hypocritical, a UK government spokesman said it was continuing to 'bear down' on Russia's ability to fund the war. 'We are making the UK a clean energy superpower to get off the roller coaster of fossil fuel markets controlled by dictators like Putin, replacing that with clean homegrown power we control, and have ended all imports of Russian fossil fuels in response to Russia's illegal invasion of Ukraine,' he said. About 19 per cent of Europe's gas still comes from Russia, via the TurkStream pipeline and LNG shipments, down from roughly 45 per cent before 2022. To replace Russian supplies, the EU has signalled it will expand clean energy and could import more US LNG. The European Commission last week proposed a legally binding ban on EU imports of Russian gas and liquefied natural gas (LNG) by the end of 2027, using legal measures to ensure the plan cannot be blocked by EU members Hungary and Slovakia. The proposals set out how the European Union plans to fix into law its vow to end decades-old energy relations with Europe's former top gas supplier, made after Moscow's 2022 invasion of Ukraine. First, imports would be banned from January 1, 2026, under any Russian pipeline gas and LNG contracts signed during the remainder of this year. Imports under short-term Russian gas deals - defined as those lasting less than one year - signed before June 17, 2025, would be banned from June 17 next year. Finally, imports under existing long-term Russian contracts would be banned from January 1, 2028, effectively ending the EU's use of Russian gas by this date, the Commission said. Hungary and Slovakia, which still import Russian gas via pipeline and have opposed the EU plans, would have until January 1, 2028, to end their imports, including those on short-term contracts. Total Energies has been approached to comment. It told Politico it condemned Russia's invasion of Ukraine and operated in line with EU laws, only supplying Russian gas under the existing contract.
BBC News
4 days ago
- BBC News
Fears power stations in East Anglia are 'at risk' of closure
Small scale renewable power stations and the jobs they provide in the East are "at risk", according to an energy boss who is calling on the government to pledge further support before it is too Renewable Energy generates power by burning agricultural waste, such as poultry and straw, at its three plants in Thetford in Norfolk, Ely in Cambridgeshire - and Eye in company, like many others across the country, has long received financial support from the government as part of its Renewables Obligation there are currently no concrete plans to renew the contract when it runs out in April 2027. Melton Renewable Energy chief executive Eddie Wilkinson said: "Without this support these stations are potentially not economically viable, so there is a lot at stake, and 150 jobs across the business are probably at risk." Mr Wilkinson added: "[The end of the Renewables Obligation] is coming fast down the tracks now and the clock is ticking fast – so we need a positive decision and long-term certainty."We are dealing with other people's waste products, we are not chopping down trees – it is homegrown domestic power and in an uncertain world I think that has value." 'Long term future' According to the Department of Energy Security, the impact the end of the subsidy will have on "security of supply, clean power and the environment" is being "no decisions" have yet been made on whether the government will continue to support small scale biomass generators beyond Bloomfield is the manager at Thetford Power Station, which generates enough energy for about 100,000 homes a year by burning 1,600 tonnes of litter a Bloomfield, one of about 40 people employed at the site, is worried about the extent to which such plants no longer existing may effect the environment. "We are an important part of the infrastructure in the area and we need to ensure we have a long-term future," he told the BBC."If we weren't able to take the litter there would be 450,000 tonnes set aside on the fields, which would seep into the watercourse, killing rivers and causing heavy pollution."I am concerned." But the Labour MP for South West Norfolk, Terry Jermy, believes the government appreciates the importance of biomass stations like those in East Anglia."We've got to be looking at all forms of power and I think biomass is actually part of that, so stations like this one here in Thetford are absolutely crucial," he said."We've had some encouraging conversations with the government but there is a lot to sort out, but I think we are making a really strong case."From an economic, environmental and electricity point of view, these sites are really important." Follow Suffolk news on BBC Sounds, Facebook, Instagram and X.
