TotalEnergies Advances Major Abu Dhabi Gas Development

Benzinga07-22

• TotalEnergies stock is surging to new heights today. What’s fueling TTE momentum? TotalEnergies said it has reached a Final Investment Decision for the Umm Shaif Gas Cap development in the Umm Shaif...

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What’s fueling TTE momentum?\nTotalEnergies said it has reached a Final Investment Decision for the Umm Shaif Gas Cap development in the Umm Shaif...</p>\n\n<a href=\"https://www.benzinga.com/markets/large-cap/26/07/60587668/totalenergies-advances-major-abu-dhabi-gas-development\">Source Link</a>\n\n</div>\n","source":"benzinga_hot_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TotalEnergies Advances Major Abu Dhabi Gas Development</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTotalEnergies Advances Major Abu Dhabi Gas Development\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-07-22 01:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/large-cap/26/07/60587668/totalenergies-advances-major-abu-dhabi-gas-development><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>• TotalEnergies stock is surging to new heights today. What’s fueling TTE momentum?\nTotalEnergies said it has reached a Final Investment Decision for the Umm Shaif Gas Cap development in the Umm Shaif...</p>\n\n<a href=\"https://www.benzinga.com/markets/large-cap/26/07/60587668/totalenergies-advances-major-abu-dhabi-gas-development\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XLE","symbol_name":"SPDR能源指数ETF","start_time":0,"source_url":"https://www.benzinga.com/markets/large-cap/26/07/60587668/totalenergies-advances-major-abu-dhabi-gas-development","article_id":"2653202101","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/cdn-cgi/image/width=3840,format=auto,quality=85/files/images/story/2026/07/21/French-Totalenergies-Fuel-And-Gas-Statio.jpg"],"rights":{"source":"benzinga_hot_news","url":"https://www.benzinga.com/markets/large-cap/26/07/60587668/totalenergies-advances-major-abu-dhabi-gas-development","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2653202101","pubTimestamp":1784653620,"columns":[],"sourceInfo":{"source_id":"benzinga_hot_news","name":"Benzinga"},"weMediaInfo":null,"summary":"TTE reaches a final investment decision on a major UAE offshore gas project expected to produce over 600 million cubic feet daily by 2030.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"XLE":"SPDR能源指数ETF","BK4585":"ETF&股票定投概念","BK4588":"碎股","BK4570":"地缘局势概念股"},"translate_title":"道达尔能源公司推进阿布扎比重大天然气开发","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XLE":1},"content_text":"• TotalEnergies stock is surging to new heights today. What’s fueling TTE momentum?\nTotalEnergies said it has reached a Final Investment Decision for the Umm Shaif Gas Cap development in the Umm Shaif and Nasr offshore concession. \nThe company holds a 20% interest alongside ADNOC (60%), CNPC (10%) and ENI (10%), with ADNOC Offshore as operator. \nThe company said the project is designed to unlock by 2030 more than 600 million cubic feet per day of gas production, with potential to increase to up to 1.5 billion cubic feet per day in the future.\nLast week, the company said it expects higher oil prices to lift upstream cash flow, but weaker LNG trading results and production disruptions in the Middle East weighed on investor sentiment.\nTTE said second-quarter production should reflect organic growth in line with its 4% quarterly guidance.\nIt estimated the impact from the Middle East conflict at about 210,000 barrels of oil equivalent per day, an improvement from the 360,000 barrels of oil equivalent per day reduction projected last quarter.\nWith Energy ranking five out of 11 sectors today (mid-tier) at +0.26%, TTE’s outperformance reads as more stock-specific than purely sector beta. Broader breadth is supportive (advance/decline ratio of 2.7), which can help investors \"pay up\" for clearer project visibility and longer-dated production contributions.\nFrom a trend perspective, TTE is still in a mixed zone: it’s trading 4.9% above its 20-day SMA ($78.85) but 2.3% below its 50-day SMA ($84.73) and 3.9% below its 100-day SMA ($86.12). Longer term, the stock remains constructive, sitting 8.6% above its 200-day SMA ($76.19) and maintaining a bullish 50-day-over-200-day structure even as the 20-day sits below the 50-day (a near-term bearish crossover).\nMomentum is improving: MACD is above its signal line and the histogram is positive, which points to fading downside pressure versus the prior downswing. In plain English, when MACD is above its signal line, it often means buyers are starting to regain control even before price fully reclaims key moving averages.\nTTE is outperforming its sector by a wide margin today, up +2.40% versus Energy (XLE) at +0.26%, a gap of 2.14 percentage points. That kind of spread suggests the market is reacting to company-specific drivers rather than just following crude-linked flows.\nZooming out, Energy is a mid-tier performer today (ranked five of 11), trailing leaders such as Technology (+1.68%) while still participating in the broader advance. Over the past 30 days, the sector is up +7.40% (stronger near-term tape), but the 90-day gain of +2.69% shows the longer swing has been choppier — making stock-level catalysts more important for relative performance.\nThe countdown is on: TotalEnergies is set to report earnings on July 23 (confirmed).\nAnalyst Consensus & Recent Actions: The stock carries a Hold rating with a consensus price forecast of $81.22. Recent analyst moves include:\nBelow is the Benzinga Edge scorecard for TotalEnergies, highlighting its strengths and weaknesses compared to the broader market:\nThe Verdict: TotalEnergies’ Benzinga Edge signal reveals a value-and-momentum leaning profile, with the strongest pillar coming from Value and supportive Momentum. If price can work back toward the $91 area, the scorecard suggests the tape may keep rewarding the stock, but the mixed moving-average stack says follow-through still matters.\nSignificance: Because TotalEnergies carries significant weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.\nTTE Stock Price Activity: TotalEnergies shares were up 3.17% at $83.43 at the time of publication on Tuesday, according to Benzinga Pro data.\nPhoto via Shutterstock \nTo add Benzinga News as your preferred source on Google, click here.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.46.0","shortVersion":"4.46.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2653202101","isCrawlerRequest":true}