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RIYADH (Alliance News) - Saudi Arabia inked deals worth more than USD50 billion at an annual investment conference in Riyadh on Tuesday, despite withdrawals from major business figures following a
Read moreLONDON (Alliance News) - Oil prices fell on Tuesday after Saudi Arabia said it would play a "responsible role" in energy markets, ahead of upcoming sanctions on Iran, CNBC oil was quoted
Read moreLONDON (Alliance News) - Shares in Serica Energy PLC rocketed Tuesday after the company secured US approval to continue operating a North Sea field jointly with Iranian Oil Co, thereby avoiding in
Read moreLONDON (Alliance News) - French oil major Total SA on Monday reported a "major" gas find off the western coast of Shetland on the Glendronach prospect.The announcement was noted a
Read moreLONDON (Alliance News) - Eco Atlantic Oil & Gas Ltd said on Thursday that Total Petroleum SA has exercised an option to take 25% of Namibia's Orinduik block from Eco.Eco said the of
Read moreLA DEFENSE (Alliance News) - Total SA announced it has signed a binding letter of intent with Royal Dutch Shell PLC for the sale of its 26% minority equity stake in Hazira liquefied natural gas in
Read moreLONDON (Alliance News) - French oil & gas major Total SA is preparing to sell a number of its UK North Sea assets in a deal that could be worth USD1.5 billion, Reuters reported on deal could a
Read moreLA DEFENSE (Alliance News) - French energy giant Total SA and its partners have taken the final investment decision to launch the Zinia 2 deep offshore development in Block 17, 150 kilometers 2 a
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(ShareCast News) - Total announced on Tuesday it has been awarded exploration licenses on three blocks in offshore Mexico, following the country's first competitive deep water bid round. The company will be the operator of Block 2 in the Perdido basin with a 50% interest, while ExxonMobil has the re
Read more(ShareCast News) - A group led by French oil giant Total has signed a $4.8bn deal with Iran to develop part of a gas field in the country. The deal follows the lifting of economic sanctions on Iran, which could pave the way for more foreign investment in a largely untapped emerging market. In Ja
Read more(ShareCast News) - French oil and gas company Total said more than a quarter of its petrol stations across France have either partially or completely run out of fuel after striking French oil workers sparked a wave of panic buying in some regions. The country's CGT and FO unions have begun a 24-hour
Read more(ShareCast News) - French oil major Total said it had started production from its Dalia Phase 1A development off the coast of Angola. The project, which comprised seven infill wells, will produce additional reserves of 51m barrels and will contribute 30,000 barrels per day to the block's production,
Read moreFrench oil major Total has sold its stake in an onshore oilfield in Nigeria for $569 million, the company confirmed on Monday. Giving details, a spokesperson said the company had divested its holdings in OML 29 exploration block to Nigerian explorer Aiteo Eastern E&P. The move is part of an ongoing
Read moreFrench oil major Total has approached Chinese investors to part finance a $15bn Russian gas project, as sanctions on Russia continue to make financing from western markets harder. China National Petroleum Corporation (CNPC) already has a 20% stake in the project in question - the Yamal Liquefied Nat
Read morePatrick Pouyanne has been elected as the new chief executive of Total following the death of Christophe de Margerie in a plane crash earlier this week. The French oil company also elected Thierry Desmarest as its chairman, according to an announcement from its union, returning to a role he held for
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