Tag: Total SA
Progress made in Suncor oil sands project dispute with Total
Suncor, Total in Fort Hills joint venture On Thursday, Suncor Energy said it is making progress in its efforts to resolve a commercial dispute with Total SA, its joint venture partner in the new Fort Hills oil sands mining project. The dispute is over funding of the project which is majority owned and operated by […]
Total’s Pouyanne says solar industry facing “a new winter”
Solar industry in crisis due to over-capacity, low demand By Bate Felix PARIS, Nov 3 (Reuters) – The global renewable solar industry is facing a new crisis due to over-capacity and low demand, Patrick Pouyanne, Chief Executive of French oil and gas giant Total said on Thursday. Low prices seen in recent projects and a […]
Total SA unlikely to fight ExxonMobil over InterOil Corp
ExxonMobil, Total SA targeting Papua New Guinea for growth By Sonali Paul MELBOURNE, July 20 (Reuters) – Total SA is unlikely to challenge ExxonMobil in a bidding war for explorer InterOil Corp, the French firm’s partner in a gas field in Papua New Guinea, analysts said on Wednesday. ExxonMobil this week topped an offer from […]
Total SA, BP see Q1 profit fall due to low oil prices
Total SA production rose, profits slid French energy giant Total SA says its net profit slid 20 per cent in the first quarter despite a rise in production as slumping oil prices took their toll. The company says Tuesday that net profit for the quarter was $2.66 billion, down from $3.34 billion a year earlier. […]
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