LNG to be transported to Boston soon by Yemen

Thursday, February 4th, 2010

It is expected that the first shipment of Yemen Liquefied Natural Gas (LNG) is to be transported to the USA soon, the weekly 26 September said Thursday. The shipment will ...


Total Q3 profit suffers half decline

Thursday, November 5th, 2009

Total announced Wednesday that its July-September net income declined 54 percent from a year earlier, standing at around 1.87 billion euros (2.78 US dollars). The group's sales of 33.6 billion euros ...


China National Offshore Oil Corporation (CNOOC)’s effort to buyoff 23 prime blocks currently owned and operated by Shell, Chevron, Exxon Mobil and Total

Tuesday, November 3rd, 2009

China National Offshore Oil Corporation (CNOOC), is said to be discussing with   the Federal Government to acquire some oil blocks, which are presently belong to the multinational oil and gas companies. ...


Chinese seek $50b stake in Nigeria’s oil

Tuesday, September 29th, 2009

A Chinese state-owned oil company is in talks with Nigeria to buy large stakes in some of the world's richest oil blocks in a deal that would eclipse Beijing's previous ...


Total, France’s Ecole Polytechnique Engineering School and the French National Center for Scientific Research Partner in Photovoltaic Solar Applications

Tuesday, September 29th, 2009

 Total and Laboratoire de Physique des Interfaces et des Couches Minces (LPICM), a joint R&D research team between the French National Center for Scientific Research (CNRS) and France’s Ecole Polytechnique ...


Total, GDF SUEZ, and Photovoltech join IMEC’s silicon solar cell research program

Tuesday, September 22nd, 2009

 The two major energy companies Total and GDF SUEZ and their common solar cells manufacturing subsidiary Photovoltech join the IMEC industrial affiliation program (IIAP) on next generations of crystalline silicon ...


Bolivia: Total files declaration of commerciality for the Itau field

Tuesday, August 4th, 2009

 Total announces that it has filed a declaration of commerciality with the Bolivian authorities for the Itau gas field. Itau was discovered in 1999 in Block XX Tarija West and is ...


Jacques Maigné appointed Chairman and Chief Executive Officer of Hutchinson

Wednesday, July 29th, 2009

Jacques Maigné, 54, appointed Chairman and Chief Executive Officer of Hutchinson succeeding Pierre-Christian Clout. Mr. Maigné joined Paulstra, a Hutchinson subsidiary and the European leader in the anti-vibration sector, as Vice ...


Patrice de Viviès Appointed Senior Vice President, Northern Europe, Total Exploration & Production

Wednesday, July 22nd, 2009

Effective July 9, Patrice de Viviès has been appointed Senior Vice President, Northern Europe, Total Exploration & Production, succeeding Michel Contie. Commenting this nomination, Yves-Louis Darricarrère, President, Total Exploration & Production, ...


Cameroon: Total Awarded New Offshore Exploration Block

Tuesday, July 21st, 2009

 Total announces that its 75.8% - owned affiliate, Total Exploration & Production Cameroon, has been awarded by the Ministry of Industry, Mining and Technological Development of Cameroon the Lungahe exploration ...


Oil News from around the web, Crude oil for August 2009 delivery is $60.86 a barrel on the New York Mercantile Exchange

Thursday, July 9th, 2009

 Saudi Aramco and Total have awarded engineering, procurement and contracting (EPC) contracts worth $9.6bn, Arab News reported. The contracts have been awarded to 13 companies for the construction of the 400,000bpd ...


Norwegian Sea: Production Start-up of Tyrihans Oil and Gas Field

Wednesday, July 8th, 2009

 Total announces that the Tyrihans oil and gas field in the Norwegian Sea started production. This field, in which Total owns a 23.18% interest, is the largest field to be ...


Oil News from around the web,US crude for August delivery fell $1.58 to $65.15 a barrel by 0018 GMT. London Brent crude fell 74 cents to $64.87

Monday, July 6th, 2009

France's Total and China National Petroleum Corporation plan to bid for two large oil blocks being auctioned in Venezuela, instead of one in which they had already shown interest. The sources ...


Oil News from around the web, Crude oil for August 2009 delivery fell as much as $0.63, or 0.9%, to $66.10 a barrel on the New York Mercantile Exchange. Brent crude oil for August 2009 settlement dropped as much as $0.79, or 1.2%, to $65.86 a barrel on London’s ICE Futures Europe exchange

Friday, July 3rd, 2009

Kosmos Energy, a privately-held oil company with a stake in Ghana’s newly-discovered oil reserves, has been the subject of interest from China and India’s ONGC. Now Shell is rumoured to ...


Total signs Heads of Agreement with Novatek for the acquisition of a 49% interest in Terneftegas and the joint-development of the Termokarstovoye field

Wednesday, June 24th, 2009

Total today announced that it has signed Heads of Agreement (HOA) with Novatek to acquire a 49% interest in Terneftegas, a Novatek’s wholly-owned subsidiary. Novatek will maintain the remaining ...


Total exercises its pre-emptive rights over the shares offered for sale

Friday, June 19th, 2009

The Netherlands: Total exercises its pre-emptive rights over the shares offered for sale of the Vlissingen refinery by Dow Chemical (45%) and receives a binding offer from Lukoil         Total, the majority ...


Saudi Aramco and Total award EPC contracts for Jubail Export Refinery

Thursday, June 18th, 2009

 Saudi Aramco Total Refining and Petrochemical Company (SATORP) finalized the awarding plan for  Engineering, Procurement and Construction (EPC) contracts that constitute  the thirteen different process packages of their Jubail joint ...


Oil News from around the web, Crude oil for July 2009 delivery gained ; Azeri offshore Shah Deniz gas field

Friday, June 5th, 2009

Brent crude for July 2009 delivery increased as much as $0.59, or 0.9%, to $69.30 a barrel on London’s ICE Futures Europe exchange. Crude oil for July 2009 delivery gained ...


Norway: Total awarded participation interest in the license PL 535 in the Barents Sea

Thursday, June 4th, 2009

 Total announces that following the twentieth licensing round organised by the Ministry of Petroleum and Energy in Norway, its affiliate, Total E&P Norge AS, has been awarded a 40% interest ...


Total Awards CGGVeritas Major 4D Inversion Project

Wednesday, June 3rd, 2009

CGGVeritas has been awarded a major seismic reservoir characterization project by Total E&P Angola and their partners. The award is for the inversion of 4D seismic data covering the Dalia, ...


Egypt: Total enters into an offshore exploration permit in the Nile Basin

Tuesday, May 19th, 2009

Total announces that, within the framework of the EGAS 2008 international bid round organized by the Egyptian authorities, it has been awarded a 90% participation in and the operatorship ...


International Power Industry Executives to Establish the Commercialization of CCS at ACI Carbon Capture and Sequestration Summit

Wednesday, May 13th, 2009

Speaker faculty & complete agenda announced for international gathering of carbon capture and sequestration stakeholders scheduled for September 14th-15th, Washington DC NEW YORK, NY, May 12th, 2009 -- American Conference Institute ...


GDF SUEZ and Total team up for the EPR project in Penly

Tuesday, May 5th, 2009

 The French Prime Minister Francois Fillon has granted GDF SUEZ a 33.33% block of shares plus one share in the company formed to build and operate the EPR in Penly, ...


Total’s Corporate Venture Acquires an Interest in Gevo an innovative company developing bio-products

Thursday, April 30th, 2009

 Total announces that it has acquired an interest in Gevo, a Denver-based company developing a portfolio of bio-products for the transportation fuel and chemicals markets. Created in 2005, Gevo is developing ...


Total and INPEX launch the offshore FEED for the Ichthys LNG project in Australia

Thursday, April 30th, 2009

 Total announces that the joint venture holding the Australian exploration permit WA-285-P (Total 24%, INPEX 76% operator) has decided to launch the Front End Engineering and Design (FEED) for the ...


Expiry and Termination of Offer to Acquire UTS Energy Corporation

Tuesday, April 28th, 2009

 Total announced today that its offer to acquire all of the outstanding common shares of UTS Energy Corporation (“UTS”) for C$1.75 cash per share (the “Offer”) through its wholly-owned subsidiary, ...


African Oil and Gas Country Briefs

Thursday, April 16th, 2009

Nigeria Oil and Gas Industry The Nigerian National Petroleum Corporation (NNPC) manages the state-owned oil industry. The NNPC holds 49% in the Nigeria Liquefied Natural Gas (NLNG) Company. Foreign Company Involvement: British ...


Oil News from around the web, Oil prices gain ground at $53, Sonatrach earned over $10 billion

Wednesday, April 15th, 2009

)))))Oil prices gain ground at $53 Oil prices rebounded on Tuesday, supported by rising stock markets, upbeat results from US bank Goldman Sachs and hopes for a pick-up in world energy ...


Qatargas 2 project inaugurated today

Monday, April 6th, 2009

Total today announces the inauguration of Qatargas 2, a liquefied natural gas (LNG) venture, composed of two trains of 7.8 million tons per year (Mt/y) each and for which ...


United Arab Emirates : Gasco Joint Venture - Total signs a 20-year extension of its participation

Wednesday, April 1st, 2009

Total announces that it has signed agreements for a 20-year extension of its 15% participation in Abu Dhabi Gas Industries Limited Company ("Gasco"), alongside the Abu Dhabi National Oil ...


Oil News from around the web, Brazilian oil workers, Abu Dhabi National Oil Company

Thursday, March 26th, 2009

The price of OPEC basket of twelve crudes stood at 50.44 dollars a barrel on Tuesday, compared with $50.18 the previous day, according to OPEC Secretariat calculations -Oil prices dipped Wednesday ...


EIA Nigeria Oil Data Analysis and Statistics

Wednesday, March 11th, 2009

Nigeria is the largest oil producer in Africa, the eleventh largest producer of crude oil in the world and a member of the Organization of Petroleum Exporting Countries (OPEC). In ...


Total Signs Exploration, Development and Production Sharing Agreement with SOCAR for the Absheron block in Azerbaijan

Friday, February 27th, 2009

 Total announces today that it has signed an agreement with Azerbaijan’s state-owned SOCAR. The exploration, development and production sharing agreement (EDPSA) covers a license on the Absheron offshore block. This ...


Agreement to Extend Total-Operated Aguada Pichana and San Roque Concessions in Argentina

Tuesday, February 10th, 2009

 Total announces today that it has signed an agreement with the authorities to extend the Aguada Pichana and San Roque concessions, located in Neuquén province in northwestern Patagonia, for a ...


Launch of a public offer to acquire UTS - Total consolidates its oil sands portfolio in Canada

Monday, February 2nd, 2009

 Total announces that its subsidiary Total E&P Canada Ltd is launching a public offer to acquire all the issued and outstanding shares of UTS Energy Corporation (UTS), a company listed ...