Keyword: Total

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Samsung Total Strikes Iran Oil Deal

26.01.2013 - South Korea's Samsung Total Petrochemicals (STC) has revived a contract to buy Iranian oil after a year's hiatus, as thin margins in plastics make the cheap fuel from Iran hard to...

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Majors Court Kingpin Eni on Mozambique Gas Bonanza

11.12.2012 - A year after Eni announced the largest discovery in its exploration history, a giant gas find in Mozambique, rival oil companies are falling over each other to get a piece of the...

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ProSim to Optimize Total Normandy Refinery

29.11.2012 - In order to comply with the new consumption standards, Total is committed to improving its French refineries' efficiency and competitiveness. In this context, the Normandy refinery...

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LNG Could Be Exempt from Gazprom Export Monopoly

20.11.2012 - An exception to Gazprom's monopoly on Russia's gas exports could in theory be made for exports of seaborne liquefied natural gas (LNG), Russia's energy minister said on Tuesday....

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Total Sells $2.5 Billion Nigeria Oil Field Stake to Sinopec

19.11.2012 - Total is selling a 20% stake in a Nigerian offshore oil field to China's Sinopec in a $2.5 billion deal which will help the French oil group fund its ambitious exploration plans...

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Europe Oil Refining Margins to Return to Reality in 2013

16.11.2012 - European oil refiners can expect margins to come back down to earth in 2013 as global capacity returns, after a rollercoaster this year that saw them soar in the second and third...

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NetOil, Libya Show Interest for French Refinery

06.11.2012 - Dubai-based NetOil, led by Middle Eastern businessman Roger Tamraz, has submitted a new offer to take over France's oldest refinery, unveiling a last minute deal with British oil...

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Strong Refining Margins Boost Total Q3

31.10.2012 - French oil company Total reported a 20% rise in third-quarter net adjusted profit to €.348 billion on Wednesday, beating analysts' expectations thanks to a sharp increase in...