TotalEnergies income slips year-on-year but project pipeline grows

  • Gas
  • April 30, 2025

Multinational energy business TotalEnergies, headquartered in France, has posted an 18% year-on-year drop in net income in the first quarter of 2025, falling from $5.1bn to $4.2bn.

The quarterly profit of $4.2bn was slightly down on the previous Q4 result ($4.4bn), but broadly in line with it, and the company made progress on many fronts in the quarter.

Integrated LNG recorded net operating income of $1.3bn and cashflow of $1.2bn for the first quarter, driven by higher year-on-year prices but was lower than Q4.  The division’s performance was down 10% on the previous quarter but up 6% year-on-year.

LNG trading results were “in line with expectations” while gas trading grappled with the downturn of European markets following heightened uncertainties in the Russia–Ukraine conflict.

… to continue reading this article and more, please login, register for free, or consider subscribing to gasworld

   

  • Related Posts

    • Gas
    • September 18, 2026
    Emirates Biotech and partner launch UAE organic waste-to-biogas pilot

    By 1 day ago 3 min read Technology firm Emirates Biotech and United Arab Emirates University (UAEU) have launched a joint project to develop the UAE’s first integrated organic-waste valorisation…

    • Gas
    • September 18, 2026
    Emirates Biotech and partner launch UAE organic waste-to-biogas pilot

    By 3 min ago 3 min read Technology firm Emirates Biotech and United Arab Emirates University (UAEU) have launched a joint project to develop the UAE’s first integrated organic-waste valorisation…

    Have You Seen?

    NTPC Green Energy Commissions 68.22 MW Solar Capacity At Dahod Project In Gujarat

    • September 19, 2026
    NTPC Green Energy Commissions 68.22 MW Solar Capacity At Dahod Project In Gujarat

    Vedanta Aluminium Prepares for Rising Demand for Specialised Aluminium in India’s Power Grid Expansion

    • September 19, 2026
    Vedanta Aluminium Prepares for Rising Demand for Specialised Aluminium in India’s Power Grid Expansion

    GEON Commissions 10 MW/20 MWh BESS Project In Phalodi, Rajasthan

    • September 19, 2026
    GEON Commissions 10 MW/20 MWh BESS Project In Phalodi, Rajasthan

    Suzlon Energy Allots 6.4 Lakh Equity Shares Under ESOP 2022, Paid-Up Capital Rises to INR 2,749.26 Crore

    • September 19, 2026
    Suzlon Energy Allots 6.4 Lakh Equity Shares Under ESOP 2022, Paid-Up Capital Rises to INR 2,749.26 Crore

    NTPC Green Energy Commissions 68.22 MW Solar Capacity At Dahod Project In Gujarat

    • September 19, 2026
    NTPC Green Energy Commissions 68.22 MW Solar Capacity At Dahod Project In Gujarat

    INEOS Opens EU’s First Full-Scale Carbon Storage Site in Denmark

    • September 19, 2026
    INEOS Opens EU’s First Full-Scale Carbon Storage Site in Denmark

    Strait of Hormuz oil shipments hit six-month high, U.S. commander says

    • September 19, 2026
    Strait of Hormuz oil shipments hit six-month high, U.S. commander says

    LNG Tankers Push Through Hormuz Again as Qatar, UAE Fight Supply Crunch

    • September 18, 2026
    LNG Tankers Push Through Hormuz Again as Qatar, UAE Fight Supply Crunch

    Hormuz Tanker Traffic Slumps as Saudi Arabia Scrambles for New Oil Routes

    • September 18, 2026
    Hormuz Tanker Traffic Slumps as Saudi Arabia Scrambles for New Oil Routes

    India’s Clean Energy Boom Halts Coal Power Growth

    • September 18, 2026
    India’s Clean Energy Boom Halts Coal Power Growth