Edition:
United States

Caroline Jacobs

Total targets Africa for ambitious output growth

Sep 24 2012

LONDON/PARIS French oil group Total is banking on a string of African projects to help fuel a 25 percent rise in output over the next five years, with growth accelerating after 2015 to top 3 million barrels of oil and gas a day for the first time.

New projects to help Total keep output goals

Sep 21 2012

PARIS New projects should help French oil group Total confirm its 2010-2015 output target in a strategy update on Monday, although analysts will be keen to hear its big exploration budget is yielding more discoveries.

Credit Agricole says assessing offers for Emporiki

Aug 09 2012

PARIS Credit Agricole said it was assessing binding takeover offers from several Greek banks for its struggling Greek subsidiary Emporiki, while Greek authorities demanded that it first add substantial capital to prop up the bank.

Total's Kurdistan oil deal angers Iraq

Jul 31 2012

PARIS/BAGHDAD French oil major Total has bought a 35 percent stake in two exploration blocks in Iraq's Kurdistan region, drawing an angry response from the Iraqi government which has tried to bar companies from dealing directly with the semi-autonomous region.

Total's Kurdistan oil deal angers Iraq

Jul 31 2012

PARIS/BAGHDAD French oil major Total has bought a 35 percent stake in two exploration blocks in Iraq's Kurdistan region, drawing an angry response from the Iraqi government which has tried to bar companies from dealing directly with the semi-autonomous region.

Maurel et Prom CEO dismisses Shell takeover report

Jun 14 2012

PARIS The head of French oil producer Maurel et Prom dismissed speculation that Anglo-Dutch oil group Royal Dutch Shell had approached it about a possible takeover, sending its shares down as much as 8.5 percent on Thursday.

Maurel et Prom CEO dismisses Shell takeover report

Jun 14 2012

PARIS The head of French oil producer Maurel et Prom dismissed speculation that Anglo-Dutch oil group Royal Dutch Shell had approached it about a possible takeover, sending its shares down as much as 8.5 percent on Thursday.

Total stops North Sea gas leak

May 16 2012

PARIS Total has succeeded in plugging a well from its North Sea Elgin platform that has been leaking gas for more than seven weeks, the French oil group said on Wednesday.

GDF Suez takes full control of International Power

Apr 16 2012

PARIS/LONDON French utility GDF Suez took full control of Britain's International Power on Monday through a sweetened offer of 6.4 billion pounds ($10.2 billion), leaving the world's biggest independent power producer better placed to win contracts in fast-growing emerging markets.

GDF Suez takes full control of International Power

Apr 16 2012

PARIS/LONDON French utility GDF Suez took full control of Britain's International Power on Monday through a sweetened offer of 6.4 billion pounds ($10.2 billion), leaving the world's biggest independent power producer better placed to win contracts in fast-growing emerging markets.

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