Total SA (TOTF.PA)
|Market Cap (Mil.):||€119,884.40|
|Shares Outstanding (Mil.):||2,378.34|
RIO DE JANEIRO - Royal Dutch Shell Plc and Total SA must accept Brazil's state-run Petrobras as a partner in their Gato do Mato offshore oil prospect under new Brazilian law, the country's top oil regulator said Wednesday, a move that could strip Shell of operational control of the resource.
RIO DE JANEIRO, Sept 17 - Royal Dutch Shell Plc and Total SA must accept Brazil's state-run Petrobras as a partner in their Gato do Mato offshore oil prospect under new Brazilian law, the country's top oil regulator said Wednesday, a move that could strip Shell of operational control of the resource.
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.
LONDON - Europe's second-biggest oil company Total , under pressure from shareholders to improve its cash flow and raise dividends, is looking to sell Blu-Tack maker Bostik, sources with knowledge of the matter told Reuters.
* Govt keen to encourage local ownership of oil assets (Adds GT Bank comment in paragraph 7)
LONDON, July 7 - Exploring for oil and gas is like gambling: it's all about playing probabilities, and using technology and skill to improve the odds.
(John Kemp is a Reuters market analyst. The views expressed are his own)
July 4 - (The following statement was released by the rating agency)
PARIS, July 2 - U.S. utility UGI is to buy Total's liquefied petroleum gas (LPG) distribution business in France for about 400-450 million euros ($545-$613 million), marking another step in the French oil major's efforts to shed assets in mature markets to boost returns.
June 18 - Oil and gas companies will increase exploration and production (E&P) spending by 6 percent to $712 billion this year, despite a slight pullback in spending by industry majors, Barclays said.
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