Total | Egypt Oil & Gas - Part 20

Shell CEO Proclaims Iran a Wonderful Country with Fantastic Resources

European oil majors are for the first time openly declaring interest in Iran in anticipation of a possible end to sanctions against the country over its nuclear program.

Total Announces Two Billion Barrels on Offshore Angola

Total has achieved the significant milestone of producing a cumulative two billion barrels from its operated deep offshoreBlock 17 located 150 km off the coast of Angola. With the recent start up of CLOV, Block 17 ha ...

European Oil Companies to Develop Strategy on Climate Change

Europe's largest oil companies are banding together to forge a joint strategy on climate change policy, alarmed they'll be ignored as the world works toward a historic deal limiting greenhouse gases.

Oil Majors Shell and Total Cut Costs by Integrating Refinery Units

Top oil firms Royal Dutch Shell and Total are bringing their refining and trading operations closer together, seeking alternative ways to drive profits as oil prices fall and independent trading houses expand into th ...

Total to Raise Millions in Initial Public Share Offer in Morocco

Total Maroc (IPO-TOMAR.CS), owned by France's Total, plans to raise between 612 million dirhams and 720 million dirhams ($74.48 million) in an initial public share offer, Moroccan bourse watchdog CDVM said in a state ...

Shell and Total Streamline, Regroup to Overcome Oil Prices

Top oil firms Royal Dutch Shell and Total are bringing their refining and trading operations closer together, seeking alternative ways to drive profits as oil prices fall and independent trading houses expand into th ...

Total´s Write-Off in Libya Oilfield Adds Pressure on Other Firms

Libya’s civil war is starting to force European oil companies to write off assets in North Africa as militias attack oil fields and terminals.

Major French Oil Company Total Reports Earnings; Drop in Profit

French oil major Total reported a smaller-than-expected 22 percent drop in first-quarter net profit on Tuesday, helped by rising refining margins and sharp growth in oil and gas production that partly offset lower cr ...

Total Completes Divestment of its Onshore Stake in Nigeria

Total has completed the divestment of its stake in onshore Oil Mining Lease (OML) 29 to Aiteo Eastern E&P, a Nigerian company, for USD 569m

Total Seeks Up to $15 Billion in Chinese Funds for Russian Project

Total SA is seeking the equivalent of up to $15 billion in Chinese financing to fund its expansion in Russia, its chief executive said, as U.S. sanctions complicate the French oil giant’s big bet there.

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