News: Total SA (TOT.N)

TOT.N on New York Stock Exchange

46.40USD
31 Aug 2015
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Thu, Aug 27 2015

Total sells North Sea gas pipelines for $907 mln

PARIS, Aug 27 - French oil major Total has agreed to sell some of its gas pipeline assets in the UK's North Sea to North Sea Midstream Partners, an affiliate of U.S.-based private equity firm ArcLight Capital, for 585 million pounds ($907 million).

Total beats profit forecast, cost cuts to exceed targets

PARIS - French oil company Total posted higher than expected second-quarter profit on Wednesday, helped by increased refining margins in Europe and accelerated cost cuts to adjust to a low oil price environment. | Video

Total Port Arthur SRU operating normally after upset: sources

HOUSTON - A sulfur recovery unit was back to normal operations after tripping out of production on Saturday at Total SA's 225,500-barrel-per-day Port Arthur, Texas, refinery, sources familiar with plant operations said on Monday.

BRIEF-3,462,449 new Viel et Compagnie shares to be listed - Euronext

* 3,462,449 new ordinary shares issued by Viel et Compagnie SA will be listed on the market Euronext Paris as of July 13

Total CEO says no reason to sell Hutchinson currently

PARIS - Total's chief executive said on Friday the French oil major saw no reason currently to sell its Hutchinson rubber unit and that the group will explain in due time what its plans are for the business.

Total CEO says no reason to sell Hutchinson currently

PARIS, May 29 - Total's chief executive said on Friday the French oil major saw no reason currently to sell its Hutchinson rubber unit and that the group will explain in due time what its plans are for the business.

EU mergers and takeovers (May 28)

BRUSSELS, May 28 - The following are mergers under review by the European Commission and a brief guide to the EU merger process:

BRIEF-Total says achieves 2 bln barrels of production at Angola offshore site

* Says achieves milestone of producing cumulative 2 billion barrels of oil from its deep offshore Block 17 site, 150 kilometres off the coast of Angola Further company coverage:

Shell, Total align trading and refining units to drive profit growth

LONDON, May 1 - 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 their territory.

France Total's Moroccan unit to raise up to $75 mln in IPO

RABAT, May 2 - Total Maroc , 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 statement on Saturday.

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