Analysts: Expect Keystone XL Pipeline Approval
Key report from the US Department of State should set the stage for project`s approval from the White House, say analysts.
Continue reading "Analysts: Expect Keystone XL Pipeline Approval"
Key report from the US Department of State should set the stage for project`s approval from the White House, say analysts.
Continue reading "Analysts: Expect Keystone XL Pipeline Approval"
Thursday, November 5, 2009
Flagging of its interest in the black gold this week, China National Oil Corporation secured its place in Iraq. Together with BP, it signed the first big oil deal. Why the sudden interest in oil?
Continue reading "China & Crude: Battling New Frontiers"
Thursday, July 30, 2009
Total SA, Europe’s third-largest oil producer, declared second-quarter earnings dipped 54 percent as the global recession eroded energy demand, causing crude prices to drop. For full story, click here
Continue reading "Total SA profit dipped 54% on lower Crude Prices"
Friday, June 19, 2009
Russia’s LUKOIL has purchased a stake in a Dutch refinery from France’s Total, gaining a foothold in northwest Europe and blocking a bid by the biggest U.S refiner, Valero, to enter the region. For full story, click here
Continue reading "Russia’s LUKOIL has piped Valero for stake in Total refinery"
Friday, June 5, 2009
Total declared that it was storing crude oil on land and estimated 100 million barrels of crude were held in floating vessels around the world. Jean-Jacques Mosconi, head of strategy and planning at Total, stated: In terms of vessels I think you have 100 million barrels of crude. For full story, click here
Continue reading "Total declared 100 mln barrel tonnes of crude oil on ships"
Tuesday, May 5, 2009
Crude oil fell on Tuesday, snapping four days of gains, on concern a U.S. government report will show stockpiles climbed from the highest level since September 1990. Crude oil for June delivery declined as much as 77 cents, or 1.4 per cent, to $53.70 a barrel in electronic trading on the New York Mercantile Exchange. Oil is up 21 per cent this year.
Continue reading "Crude oil headed for $71.55 a barrel"
Tuesday, February 17, 2009
Total saw its stake in the Sincor project reduced from 47% to 30.3% in July 2007, and the company remains committed to the project. For full story, click here
Continue reading "Total’s stake in the Sincor project reduced"
Tuesday, February 17, 2009
French oil major Total is interested in entering the upstream offshore Brazil to help develop the huge resources in the Santos basin and is also eying new acreage in Venezuela, the company’s CEO Christophe de Margerie said. For full story, click here
Continue reading "Total is interested in entering the upstream offshore"
Monday, February 16, 2009
Total has long been the least optimistic of the big international oil companies about the world’s ability to grow oil output enough to meet demand. For full story, click here
Continue reading "Total least optimistic"
Monday, February 16, 2009
The oil price collapse has weakened the industry’s capacity to increase output and future production may top out at a lower level than earlier expected, the chief executive of major oil company Total said. For full story, click here
Continue reading "World oil production potential weakening: Total"
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Monday, September 19, 2011