TotalEnergies approved the development of the Cronos gas field offshore Cyprus on July 28, 2026. The project aims to supply natural gas to the European market. This strategic move intends to bolster Europe's energy security.
Separately, the company repurchased 1,452,951 shares between July 20 and July 24, 2026. These transactions totaled approximately €107.5 million. The buybacks occurred across multiple European exchanges under a shareholder-authorized program.