Big Oil Pours Billions into Biofuel Production to Meet Decarbonization Goals [Yahoo! Finance]
TotalEnergies SE (TTE)
Company Research
Source: Yahoo! Finance
Major players such as BP, Chevron, Shell, TotalEnergies, ExxonMobil and Eni are incorporating biofuels into their broader energy transition strategies, recognizing the growing global demand for sustainable fuel sources. According to Rystad Energy's research, these six oil majors have announced a total of 43 biofuel projects that are either already operational or are targeted to start up by 2030. While investments span various biofuel products, including biodiesel and ethanol, the focus is clearly on hydrotreated vegetable oil (HVO) and sustainable aviation fuel (SAF), which are expected to make up nearly 90% of the projected biofuel production. Analyzing the implementation of these investments, which could add a combined 286,000 barrels per day (bpd) of production capacity, reveals that 31 projects are greenfield developments. Six involve co-processing — integrating bio feedstock into existing crude-oil refineries to produce a blended feedstock — while another six are full conversio
Show less
Read more
Impact Snapshot
Event Time:
TTE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TTE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TTE alerts
High impacting TotalEnergies SE news events
Weekly update
A roundup of the hottest topics
TTE
News
- Adani Green Energy: Firm At Heart Of U.S. Fraud Charges Against One Of India's Richest Men [Forbes]Forbes
- Offshore Deepwater Drilling To Dominate Oil in 2020s [Yahoo! Finance]Yahoo! Finance
- TotalEnergies SE Announces Final Results of Its Tender Offer in Respect of Its €2,500,000,000 Undated Deeply Subordinated Fixed Rate Resettable Notes With a First Call Date on 26 February 2025Business Wire
- COP29: TotalEnergies and Oil India Join Forces to Collaborate on Methane Emissions Detection and Measurement [Yahoo! Finance]Yahoo! Finance
- COP29: TotalEnergies and Oil India Join Forces to Collaborate on Methane Emissions Detection and MeasurementBusiness Wire
TTE
Earnings
- 10/31/24 - Miss
TTE
Sec Filings
- 11/7/24 - Form SC
- 11/1/24 - Form 6-K
- 10/31/24 - Form 6-K
- TTE's page on the SEC website