United States

Bate Felix

Gabon votes to reverse ban on homosexuality

Jun 30 2020

LIBREVILLE Gabon's Senate voted on Monday to decriminalise homosexuality, a landmark result that makes the country one of the few in Africa to reverse a ban on same-sex relationships. | Video

Total reviewing pipeline to Grandpuits oil refinery after leaks

Jun 12 2020

PARIS French energy group Total is conducting an audit of a pipeline that supplies its Grandpuits refinery near Paris following leaks in recent years, a spokesman said on Friday.

Global energy investment expected to tumble 20% in 2020 due to COVID crisis: IEA

May 27 2020

PARIS Global energy investment is expected to plunge by around 20% or $400 billion in 2020, its biggest fall on record, because of the new coronavirus outbreak, the International Energy Agency (IEA) said on Wednesday.

Total muscles into Spanish energy market with EDP asset buy

May 18 2020

PARIS French energy group Total said on Monday it had agreed to buy up a large customer portfolio from Energías de Portugal and two of EDP's gas-fired combined cycle power plants in Spain, making it a leading player in the Iberian market.

France's Total keeps dividend steady in 'exceptional circumstances'

May 05 2020

PARIS French energy major Total promised to pay a steady cash dividend and said it can break even with low oil prices after the impact of the coronavirus outbreak and a collapse in fuel demand led to a 35% first-quarter profit fall.

France's Total keeps dividend stable after Q1 net income plunge

May 05 2020

PARIS, May 5 French energy major Total's kept its dividend stable despite reporting a sharp fall in first-quarter net adjusted profit hit by a plunge in oil prices and the economic slowdown caused by the new coronavirus outbreak.

Virus outbreak raises spectre of cash injection for indebted EDF

Apr 22 2020

PARIS Plummeting electricity demand and falling power prices during the coronavirus outbreak could leave EDF in need of a capital injection by the end of 2020 to avoid a spiralling debt crisis, a source close to the French firm and analysts said.

French utility EDF expects steep drop in domestic nuclear output to record low in 2020

Apr 16 2020

PARIS French state-controlled utility EDF said on Thursday it expected a sharp drop in its domestic nuclear power output to a record low in 2020 as a result of the fall in business activity caused by the coronavirus crisis, knocking its shares.

French utility EDF withdraws financial targets for 2020 and 2021

Apr 14 2020

PARIS French state-controlled utility EDF withdrew its financial targets for 2020 and 2021 on Tuesday as the economic turmoil caused by the coronavirus pandemic impacted key areas of its business.

Total among companies seeking force majeure on EDF contracts -sources

Apr 06 2020

PARIS Energy major Total is among several power suppliers that tried to declare force majeure on buying nuclear power from EDF, sources said, as the coronavirus outbreak has pushed prices in the French electricity market far below existing contracts.

World News

Long lines as Singaporeans in masks vote during pandemic

Singaporeans wearing masks and gloves queued to cast their ballots on Friday under the cloud of the COVID-19 pandemic that is pushing the city-state's economy towards its worst-ever recession, making saving jobs the focus of the election.