$20 per barrel for project approvals, Pouyanné states
Total remains committed to developing hydrocarbon resources, but the cost must be sufficiently low to survive in a world of lower prices, the company’s chairman and CEO Patrick Pouyanné has said.
Patrick Pouyanne
Uganda signs Total, Tanzania deals
Uganda has signed a host government agreement (HGA) with Total on the East Africa Crude Oil Pipeline (EACOP), followed by new declarations with Tanzania on the link.
Frontier sets the virtual stage for Africa E&P Summit
Frontier Energy has gone online with its highly regarded Africa E&P Summit, due to take place on September 16 and 17.
Total barely stays in profit amid ‘economic and oil crisis’, sets 2050 net zero target
Total barely managed to stay in profit for the start of 2020 as oil prices took a nosedive due to the Covid-19 outbreak.
Total to cut investment programme by 20% – report
French oil major Total is planning to cut its investment programme by around 20% and freeze recruitment in response to the oil price crunch, according to a news report.
Total shifting ‘finance hub’ to Paris from London ‘due to Brexit’
The boss of French oil giant Total has said moving the company's financial hub out of London to Paris due to Brexit is "a logical decision".
Total makes major Angolan move
Total has made a major move in Angola, picking up equity in blocks previously held by Cobalt International Energy and extending the licence on Block 17.
Total resolves Waha woes with Libya’s NOC
Total has reached an agreement with Libya’s National Oil Corp. (NOC) on the French company’s acquisition of a stake in the Waha concessions.
OPEC showing ‘no impetus’ on oil price despite crash forecasts
With their next meeting just weeks away, OPEC and its partners are showing no impetus for stronger action to support oil prices.
LNG comes through for Shell and Total
While low LNG spot prices have taken their toll, the Europe’s two major players in the sector, Total and Shell, performed strongly in the third quarter.
Total sees ‘new potential’ for North Sea investment
Energy giant Total has said it sees “new potential for investments” in the North Sea off the back of exploration successes in the UK.
Serious investment in carbon capture ‘only option’ to reduce oil and gas emissions
Serious investment in technology to store emissions underground is the ‘only option right now’ for the oil industry to cut its climate change impact.
Industry must adapt or go the way of the dinosaurs, Total CEO tells Offshore Europe
The oil and gas industry has been warned by French energy giant Total that it must adapt or go the way of the dinosaurs
Big Oil’s dealmaking CEO spends billions to ride out turmoil
If you’re offered the job of running one of the world’s largest companies, you don’t usually have just an hour to decide if you want it.
Total rules out sponsorship for 2024 Olympics
Energy giant Total has ruled out sponsoring the 2024 Olympics in Paris amid climate concerns from mayor Anne Hidalgo.
Oil industry and climate leaders to share stage at Offshore Europe opener
Energy industry heavyweights and a climate change leader will share the stage during the plenary session of SPE Offshore Europe 2019.
Unite calls on Total CEO to intervene in strike dispute
Offshore union Unite has called on the CEO of French energy giant Total to intervene in a protracted North Sea strike dispute.
Total CEO: ‘excellent Q2 results’
Total's adjusted net Q2 income has gone up by 14% compared to the same period last year.
Total CEO says OPEC needs to prolong cuts to eliminate surplus
OPEC and Russia will need to prolong their six-month deal to cut oil output if they plan to trim the global inventory glut that has kept a lid on prices, said Total SA Chief Executive Officer Patrick Pouyanne.
Total boss says French shale import ban may be unworkable
Total boss Patrick Pouyanne said plans to ban imports of US shale gas to France may be unworkable.
Total chief executive Patrick Pouyanne says UK should stay in the EU
The chief executive of Total said he hoped the UK would vote to stay in the European Union.
Total expects drop in results, no plans to reduce headcount
Total said it expects a drop in results for 2015 but does not plan to reduce its headcount as it looks to weather the low oil price. Chief Executive Patrick Pouyanne said the group had “financial capacity” to protect itself during the current decline.
Total elects Pouyanne as chairman
Total has named chief executive Patrick Pouyanne as its new chairman.
Total combines chairman and chief executive role
Total’s chief executive Patrick Pouyanne will take over as the firm’s chairman, uniting the two posts, the operator confirmed today.