France Vows To Shut All Coal-Fired Power Plants By 2021
IN a speech at the World Economic Forum in Davos, pledging that his country will be on the forefront in the global fight against climate change. “I want to make Continue Reading
Total takes slice of Chevron oil find in the Gulf of Mexico
A French energy company said it was setting a deeper footprint in the U.S. waters of the Gulf of Mexico by taking a minority stake in a Chevron-controlled field. For Continue Reading
Total plants flag offshore Brazil
French energy company Total said it’s now a premier player in the oil basins off the coast of Brazil after finalizing a partnership with a state energy company. Total and Continue Reading
French company ENGIE lays out 5.2 GW renewable goal
Another 500 megawatts of onshore wind and solar power will be in the portfolio of a French joint venture, energy company ENGIE said Friday. ENGIE said its joint venture with Continue Reading
France To Ban Oil And Gas Drilling In 2040
The French legislature passed a law prohibiting all oil and gas exploration and production within its borders and territories by the year 2040—right around when oil is expected to reach Continue Reading
France to reduce share of nuclear in power mix ‘asap’: minister
France will reduce the share of nuclear energy in its electricity mix “as soon as possible”, French junior environment minister Brune Poirson said on Tuesday, although she did not give Continue Reading
Total chief says would have to review Iran gas deal if new sanctions arose
French oil and gas major Total would have to review its Iran gas project if the United States decided to impose unilateral sanctions on Tehran, given its interests in the Continue Reading
Ethanol-based fuel becomes top-selling petrol in France
Gasoline containing up to 10 percent of ethanol has become the top-selling petrol in France, its largest market in the European Union, helped by a tax break that made the Continue Reading
France’s Total opens Washington office as Iran risks loom
Total has opened an office in Washington in a bid to strengthen relations with the U.S. administration as the French oil and gas company prepares to invest billions in Iran. Continue Reading
France’s Biggest Listed Bank To Stop Funding Shale, Oil Sands Projects
As part of efforts to support energy transition, France’s biggest listed bank, BNP Paribas, said on Wednesday that it would no longer do business with companies whose main business is Continue Reading
LNG fuel strides continue for French company
Norwegian energy major Statoil will start using liquefied natural gas as a maritime fuel at the port of Rotterdam by the next decade, a French gas company said. French energy Continue Reading
Total sees oil production growth of 5 percent until 2022
French oil and gas major Total extended its oil production growth target of 5 percent per year until 2022 and plans to focus on projects with a low breakeven, while Continue Reading
French company Total steps into solar energy market
In an announcement ahead of the French president’s speech before the U.N. General Assembly, Total said it took a greater stake in a renewable power company. The French supermajor said Continue Reading
France plans to end oil and gas production by 2040
France plans to pass legislation by the end of 2017 to phase out all oil and gas exploration and production on its mainland and overseas territories by 2040, becoming the Continue Reading
France proposes ban on oil and gas exploration
The French government said it was reviewing a bill that would put an end to new permits for oil and gas exploration in an effort to adopt a low-carbon economy. Continue Reading
Total Buys Maersk Oil for $4.95 Billion
French oil company Total SA has agreed to acquire Danish conglomerate A.P. Moeller-Maersk A/S’s oil unit for $4.95 billion, the latest sign activity is returning to the sector following a Continue Reading
Total marks Iran return with South Pars gas deal
The logo of French oil company Total is seen at a Total gas station in Paris, France, April 19, 2016. France’s Total signed a deal with Tehran on Monday to Continue Reading
This Supermajor Is Leading The Charge On Renewables
France-based Total S.A. is one of the elite seven “supermajor” oil companies in the world. When people talk about “Big Oil,” Total is exactly the kind of corporation they’re talking Continue Reading
Total to Sign Milestone Iran Gas Deal Since Sanctions Eased
Total CEO to be in Tehran Monday for agreement: oil ministry Deal is to develop Iran’s share of world’s biggest gas field Iran plans Monday to sign a formal contract Continue Reading
Total Pledges $1 Billion Investment in Iran Gas Field
France’s Total SA said Tuesday it would push forward with a $1 billion investment this summer in a giant Iranian gas field, the first commitment by a Western company to Continue Reading
From Middle East to Argentina, France’s Total bets on cheap resources
As the world witnesses spectacular growth in oil and gas production from the U.S. shale deposits, the boss of French energy giant Total paradoxically says this is one area where Continue Reading
Iran expects contract developments with French major Total
Iran is in the final stages of signing agreements with French energy company Total to develop parts of the giant South Pars field, Iran’s energy minister said. The French energy Continue Reading
Iran sees gas deal with Total within weeks: minister
Iran expects to sign a long-delayed gas deal with French oil major Total ( TOTF.PA ) in the next few weeks, Iranian Oil Minister Bijan Zanganeh was quoted as saying Continue Reading
Total Eclipse: Oil Giant Sees its Future in Electricity
France’s Total SA, one of the world’s largest oil companies, sent its top executives to Silicon Valley last summer, where they met with tech investors and futurists. At Tesla Inc.’s Continue Reading
France’s Total Approves First Project Since 2014 As Profits Surge
French energy company Total gave the go-ahead on Thursday to develop its first major project since 2014 after reporting a sharp rise in quarterly profit that underscored its drive to Continue Reading
France Plans Loans for Companies Wanting to Invest in Iran
France is working on plans to issue direct loans to companies that want to invest in Iran, Finance Minister Michel Sapin said in a press conference in Tehran. “We are Continue Reading
French, Spanish companies set for more wind power off coast of France
French and Spanish energy companies said Monday they were setting their sights on building up the wind energy potential off the coast of France. French energy company ENGIE counts an Continue Reading
Total in talks to buy Iranian LNG project: sources
Total ( TOTF.PA ) is in talks to buy a multi-billion dollar stake in Iran’s partly-built liquefied natural gas (LNG) export facility, Iran LNG, seeking to unlock vast gas reserves. Continue Reading
France’s Total looks further downstream in effort to ease looming supply glut
France’s Total is looking to invest in energy projects further downstream than their upstream and LNG production facilities, the company’s President of Gas Laurent Vivier said Tuesday. The strategy is Continue Reading
French government gets renewable energy endorsement
A move by the French government to budget for more solar and hydropower projects on its grid was endorsed Friday by the European Commission. The French government said new solar Continue Reading
Trump Oil Policies Are Bad for Planet, French Minister Says
U.S. President Donald Trump’s decisions to get two stalled pipeline projects moving again, to promote shale oil and gas and to remove references to climate change on the White House’s Continue Reading
EU Approves French State Aid for Areva
The European Union approved a restructuring plan for French nuclear group Areva SA on Tuesday, saying a planned €4.5 billion ($4.76 billion) capital injection was in line with the bloc’s Continue Reading
Total nabs Brazilian pre-salt in Petrobras deal
French energy company Total said it was building up its prospects in South America in a partnership that gives it access to some of Brazil’s biggest oil fields. In a Continue Reading
Total says happy to be first Western oil firm to do Iran deal: CNN Money
The boss of French oil and gas company Total said on Monday that it would be happy to be the first Western oil company to reach an agreement with Iran, Continue Reading
Iran to Sign $6 Billion Gas-Field Deal With Total, CNPC
South Pars Gas field in Asalouyeh Seaport, north of Persian Gulf, Iran. November, 2015. Credit:… Iran plans to sign a preliminary $6 billion deal with Total SA on Tuesday to Continue Reading
Total and CNPC set to sign Iranian gas deal
France’s Total and China National Petroleum Corp are set to sign the first major agreement with Iran for the development of its gasfields since the loosening of international sanctions in Continue Reading
Airbus Cuts Almost 600 Helicopter Jobs as Crash, Oil Clip Demand
A technician works on a helicopter component in the fabrication and assembly room of the Airbus Helicopters Canada facility in Fort Erie, Ontario, Canada. Earnings from ‘chopper’ arm fell 17% Continue Reading
France’s Total Takes Control of Barnett Shale in Texas
A rare Barnett Shale drilling rig, pictured last year. French oil major is now the… Total said on Friday it is exercising its preemption right to acquire the 75% share Continue Reading
Total, Qatar form joint venture for offshore oil
French energy company Total said Tuesday it would send its best talent to Qatar to help advance production at an offshore oil field through a new joint venture. Total signed Continue Reading
French Oil Refining Strike Fills Europe Trading Hub With Crude
French Oil Refining Strike Fills Europe Trading Hub With Crude No empty tanks left in Rotterdam as oil diverted from France Swelling stockpiles add to signs of short-term supply surplus Continue Reading
North Sea crude oil to remain pressured as French strikes continue
North Sea spot differentials for Brent blend, Forties and Ekofisk — together with Brent CFDs — are expected to continue their recent slide as French strikes that have brought several Continue Reading
Floods, Protests Risk Denting French Economic Recovery
Persisting social unrest and torrential rains risk damping France’s economic recovery. At a time President Francois Hollande is struggling to maintain economic momentum, the costs of floods and strikes hitting Continue Reading
French refineries, ports continue to face disruptions, strike spreads
French refineries and ports continued to face disruptions Wednesday as the strike called by the CGT union against changes in labor legislation entered its second week and is also spreading Continue Reading
French labour dispute: Energy supplies hit by strike action
Strikes and blockades have already disrupted most of France’s oil refineries France is braced for further disruption to its energy supplies as workers at oil refineries, nuclear power stations, ports Continue Reading
French Oil Refinery Strikes Spread as Fuel Shortages Worsen
A French labor dispute that already caused fuel shortages and clashes between police and protesters worsened Tuesday as every one of the nation’s oil refineries experienced disruptions or outright shutdowns. Continue Reading
Refinery Crisis Has French Oil Major Rethinking Investment Strategy
Total refining French Total SA (NYSE: TOT) says it would reconsider its investment plans in France, according to CEO Patrick Pouyanne. Patrick Pouyanne, speaking outside the annual shareholders meeting in Continue Reading
French labour dispute: Strike hits all eight oil refineries
Image caption Police removed a blockade outside the Fos-sur-Mer refinery in Marseille early on Tuesday A strike over new labour laws has spread to all of France’s eight oil refineries, Continue Reading
France Discusses Ban Of Imported U.S. Shale Gas
LNG Imports After French media accuses government of hypocrisy, French Energy Minister Segolene Royal is discussing with French parliament a potential ban on the import of U.S. shale gas. The Continue Reading
Gazprom weighing its European options
Paris hosted a delegation of Russian energy officials to review French natural gas needs and prospects for pipeline development, Gazprom said. Gazprom Chairman Alexei Miller led the delegation to meet Continue Reading
Total, Eni Bet On New Finds As Rivals Cut Costs In Oil Downturn
As oil firms slash billions of dollars of investment to survive the market crash, France’s Total and Italy’s Eni are making some of the smallest cuts, gambling in the hope Continue Reading