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Fuel rebate cost Total Energies $169M, says group’s CEO
- French parliamentarians plan to introduce referendum to tax superprofits by large companies
Northern Cyprus condemns Greek Cypriot administration’s drilling activities
- Greek Cypriot side violates rights of Turkish Cypriots for natural resources on island with unilateral activities, ministry says
ExxonMobil 1Q22 earnings $3.4B lower due to Russia exit
- Total revenues and other income of company reach $90.50 billion in first-quarter
Lebanon says consortium remains committed to exploration deal
- Deal signed in 2018 covers offshore Blocks 4 and 9
Revenues of oil giants increase 46% in 1H21
- Saudi Aramco, Chevron, Equinor and Lukoil record highest year-over-year revenue rises
Oil giants increase profits to $46 billion in Q121
- BP records highest year-over-year rise in profit
Total increases income to over $3 billion in 1Q21
- Company fully benefited from rising oil and gas prices, says CEO Patrick Pouyanne
Total buys share in Arctic Transshipment from Novatek
- Arctic Transshipment is Novatek's wholly-owned subsidiary that will operate two LNG transshipment complexes
Total suspends Mozambique gas project over terror attacks
- Northern Cabo Delgado province is rich in natural gas and has attracted companies such as French energy giant
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Total, Siemens join forces to reduce carbon emissions
- Companies will focus on natural gas liquefaction facilities and associated power generation
Revenues of oil giants decline 35.4% in 2020
- Royal Dutch Shell records highest year-over-year decline in revenue
Total, Microsoft unite to achieve zero-carbon emissions
-Total will benefit from Microsoft’s cloud-based AI technologies, while helping Microsoft eliminate diesel fuel dependency
Total reports $7.2 billion annual loss in 2020
- Company plans to change its name to TotalEnergies, reflecting its energy transition aim of more energy, less emissions
S&P warns 13 oil and gas firms of lower credit ratings
- Rating agency says oil and gas companies are under threat of energy transition, price volatility, and weaker profitability
Total's exit from API politically motivated: Experts
- Total, citing "partially aligned" divergences with those of API, announced last week it would not renew its API membership
Total announces fourth oil discovery offshore Suriname
- Discovery at Keskesi East-1 well follows previous discoveries at Maka Central, Sapakara West and Kwaskwas in same region
Total to operate new offshore exploration in Egypt
- International consortium, including Shell, KUFPEC and Tharwa, will carry out 3D seismic campaign in first 3 years
Revenues of oil giants decline 35.8% in 3Q20
- Royal Dutch Shell records highest year-over-year decline in revenue
ExxonMobil makes first discovery offshore Suriname
- Evaluation of Sloanea-1 exploration well in offshore Block 52 is ongoing to determine its resource potential, says company
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Total, CMA CGM achieve historic LNG bunkering operation
-Companies also aim to reduce carbon footprint of delivered LNG by 13% using biomethane
Total's revenue down 36% in third quarter of 2020
- Firm posts net income of $202 million in third quarter of 2020, down 93% from year earlier
Total, Google Cloud join forces for Solar Mapper tool
- Via new AI algorithms, Solar Mapper allows fast and accurate estimates of household solar potential
French Total to reduce costs by $2 billion by 2023
- Total will limit its capital investment for 2021 to under $12 bln. due to short-term uncertainty and low price environment
Total buys electric vehicle charge network in London
- Company aims to operate more than 150,000 electric vehicle charge points in major European cities by 2025
Total signs solar deal to increase green power in Spain
- Company aims to power all its industrial sites in Europe with renewable electricity by 2025
French oil firm displaces 12,000 in Uganda, Tanzania
- ‘There is need to assist the people with land where the pipelines are going to be constructed,’ says human rights group
Total, Macquarie to build offshore wind in S. Korea
- Potential cumulative capacity of 2 GW of floating wind projects follows S. Korea's announcement of Green New Deal in July
Covid-19 puts Total's operations in Africa on ice
- To lower its capital expenditure, Total reduced investments in exploration and production projects by 25% in 2020
Total's revenue down 52%, net loss $8.3B in Q2
- COVID-19 had a significant impact on global economy and oil market saw sharp drop in crude prices, CEO saysNATURAL GAS MARKET (TL/1000Sm³)
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