Total swings back to profit
- 10-Feb-2022
TotalEnergies swung back to profit in 2021 thanks to surging oil and gas prices, and announced on Thursday a $2 billion share buyback scheme, an increase in dividends and a series of investments. With net income of $16 billion and adjusted net income of $18.1 billion, the French oil major’s results were at their highest […]
Total and Chevron to leave Myanmar over ‘deteriorating human rights’
- 21-Jan-2022
Energy giants Total and Chevron said Friday they would leave Myanmar following pressure from human rights groups to cut financial ties with the military junta since last year’s military coup. Total cited in a statement the “worsening” human rights situation in the country in its decision to pull out of Myanmar, a move that deprives […]
Total to build France’s biggest battery power storage project
- 12-Mar-2020
Total, like other oil majors, is expanding its foothold in the renewables energy sector
Total to buy 37% stake in India’s Adani Gas
- 14-Oct-2019
French energy giant Total will buy a 37.4% stake in Indian gas distribution company Adani Gas
China defies US pressure as EU parts ways with Iranian oil
- 20-Aug-2018
BEIJING/SINGAPORE: China, seeking to skirt US sanctions, will use oil tankers from Iran for its purchases of that country’s crude, throwing Tehran a lifeline while European companies such as France’s Total are walking away due to fear of reprisals from Washington. The United States is trying to halt Iranian oil exports in an effort to […]
Iran signs major gas deal with French firm
- 08-Nov-2016
TEHRAN: Iran signed a deal with France’s Total on Tuesday to develop a major offshore gas field, its first big contract with a Western energy firm since sanctions were loosened in January. Total will lead a consortium also including China National Petroleum Corporation (CNPC) and Iran’s Petropars to develop Phase 11 of the South Pars field […]
English coach backs Cook to top Tendulkar total
- 31-May-2016
LONDON: England coach Trevor Bayliss believes Alastair Cook has it in him to surpass India great Sachin Tendulkar as Test cricket's all-time leading run-scorer.
New Total boss must overhaul exploration strategy, pursue cost cuts
- 21-Oct-2014
PARIS: The sudden death of Total's top executive may make it even trickier for the French oil major to overhaul its expensive exploration strategy while simultaneously cutting costs to please shareholders as oil prices fall.
Total CEO killed in Moscow plane crash
- 21-Oct-2014
MOSCOW: The CEO of French oil company Total, Christophe de Margerie has died after a private jet crashed at a Moscow airport, Russian media reported Tuesday citing aviation and law enforcement sources.
Total resumes $2.5 bln Nigerian deepwater oil field sale
- 17-Sep-2014
LONDON/LAGOS: France's Total SA, Europe's second largest oil company, has put one of its offshore Nigerian oil fields up for sale again, the company said, after a 2012 deal with Sinopec Corp failed.