Talos Energy Announces Divestiture of Talos Low Carbon Solutions Subsidiary to TotalEnergies

Talos Energy Inc. announced that it has entered into an agreement for the sale of its wholly owned subsidiary, Talos Low Carbon Solutions LLC ("TLCS"), to TotalEnergies E&P USA, Inc. for a purchase price of $125 million plus customary reimbursements, adjustments and retention of cash, combined totaling approximately $148 million.

Siemens EcoTech, an Environmental Product Performance Label Designed to Drive Sustainable Transformation of Industry

Aside from creating products that have sustainable benefits, Siemens has increased the value of their offerings by focusing on the traceability and data verification of their products. Companies across the globe are being placed under pressure to keep an accurate record of emissions data across their entire supply chain, due to regulations requiring annual reporting.

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