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Tag: Total

Total completes the acquisition of 73% of Direct Energie

Total and Direct Energie announce the completion of the acquisition today by Total of 73.04% of the share capital of Direct Energie1, for 42 euros…

France’s PSA suspends joint ventures in Iran over US sanctions risk

French carmaker PSA Group is reported to have begun suspending its joint venture activities in Iran to avoid US sanctions after Trump’s unilateral withdrawal from…

‘Total has 60 days to negotiate sanctions waiver with US’: Zangeneh

Iranian Minister of Petroleum Bijan Zangeneh said France’s Total had 60 days to secure a waiver from U.S. sanctions against Iran to stay in a…

NOVATEK and TOTAL become partners in Arctic LNG 2 project

At the 22nd Saint Petersburg International Economic Forum, in the presence of Vladimir Putin and Emmanuel Macron, Chairman of the Management Board of PAO NOVATEK Leonid Mikhelson…

French business chief in Iran sees bleak prospects for European firms

The head of France’s business lobby in Iran said on Friday he feared a mass exodus of European firms following the U.S. decision to impose…

France’s TOTAL not yet announced possible exit from South Pars Gas Field

Iranian Oil Minister Bijan Namdar Zanganeh said that France’s oil major ‘Total’ has not yet announced to leave development of Phase 11 of South Pars…

Total to develop gas projects in Oman

Total has signed a Memorandum of Understanding (MoU) with the Government of Oman to develop natural gas resources in Oman. This MoU covers both upstream…

SOCAR to purchase condensate volumes of “Absheron” field

All condensate volumes produced from the “Absheron” gas condensate field located in the Azerbaijani sector of the Caspian Sea will be transferred to the State Oil Company…

Iran ships 2.1m bpd of oil to global markets in March

Iran’s oil customers in Asia and Europe shipped in 2.1 million barrels per day (bpd) of Iranian crude during March, IRNA reported on Monday citing…

Total to buy French energy retailer

Total has entered into an agreement with the controlling shareholders of Direct Energie1 for the proposed acquisition of 74.33% of its share capital2, at a price…

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