Market Chatter: Shell, TotalEnergies Vie for 40% of Galp's Potential $10 Billion Oil Discovery

Shell (SHEL.L, SHELL.AS) and TotalEnergies (TTE.PA, TTE.L) are among oil companies that are looking to acquire half of Galp Energia's (GALP.LS) 80% stake in an oil discovery offshore Namibia, Reuters

MT Newswires00:04 ET

Sector Update: Energy Stocks Mixed Late Afternoon

Energy stocks were mixed late Tuesday afternoon with the NYSE Energy Sector Index up fractionally and the Energy Select Sector SPDR Fund (XLE) shedding 0.3%. The Philadelphia Oil Service Sector Index

MT Newswires15:49 ET

Oil Majors Show Interest in Acquiring Galp's Namibia Oil Prospect - Reuters

Seeking AlphaJul 2 10:44 ET

TotalEnergies to Exit Gas Finds Offshore South Africa, Bloomberg Reports

-- TotalEnergies plans to exit its gas discoveries offshore South Africa to prioritize exploration in areas closer to promising discoveries near Namibia, Bloomberg reports, citing unnamed sources. --

WSJJul 2 09:17 ET

Schlumberger, TotalEnergies Partner to Address Energy Value Chain Challenges

Schlumberger (SLB) and TotalEnergies (TTE) said Tuesday they have entered into a 10-year deal that aims to address energy value chain challenges such as carbon capture, utilization, and sequestration.

MT NewswiresJul 2 09:15 ET

Express News | TotalEnergies To Partner With SLB For Sustainable Energy

BenzingaJul 2 08:55 ET