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Total Profits Up in Volatile Q2
French oil major Total reported a second-quarter profit of $2.5bn, up 14% on the same period last year, despite only a 9% increase in oil prices and a 15% rise in gas prices.…
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UK Follows France's 2040 Lead on Cars, But Without a Roadmap
The UK is to ban the sale of new petrol and diesel cars in 2040, following the lead set three weeks ago by France. The July 26 announcement by UK environment and transport…
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Coral is Latest FLNG Project to Pick GTT
French engineering firm GTT, which designs and installs specialist membrane LNG containment systems for tankers and storage tanks, said in 1H results late July 20 that it won an…
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French Court Bans Regulated Gas Tariffs
France's highest administrative court, the Council of State (Conseil d'Etat) has ruled that state-regulated retail tariffs for gas are contrary to EU law. Such regulated tariffs…
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BP, Total to Lead $1.15bn Argentina Shale Project
Argentina's state producer YPF said July 18 that it, together with partners BP-led Pan American Energy, Total and Germany's Wintershall, had signed an agreement with the province…
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CGG Awarded Petrobras Seismic Processing Job
French geosciences group CGG said July 19 it has been awarded a contract by Petrobras to process the seismic data from a 3D Ocean Bottom Node (OBN) survey covering a…
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EU Environment Ministers Keep Faith with Paris Accord
EU environment ministers at their July 14 informal meeting in Estonia's capital Tallinn "reaffirmed Europe’s commitment to the Paris agreement and discussed the…
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Iranian MPs' Attempt to Cancel Total's Deal Fails
A move has failed by some Iranian members of parliament (MPs) to block the multi-billion dollar investment in South Pars by Total and partners. Just a week after the deal was…
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Total to Qatar: 'We're Willing To Expand Further'
Total has signaled its “willingness to further expand” in Qatar, three days before it officially takes over a key role in the country's main oilfield. Total and…
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Total to Supply LNG Cruise Ship
French energy company Total will supply LNG to the Brittany Ferries-operated Honfleur in the port of Ouistreham, northern France on a long term contract, it said July 10. &nb…
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Gjoa Restarts After 2-Week Leak Outage
Engie E&P said July 7 that the Gjoa platform in the Norwegian part of the North Sea is back in production after a gas leak on June 21 forced it to close. The…
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Edison Marks 500th RasGas Term Cargo
Edison, the Italian subsidiary of French power giant EDF, said July 6 that it has received the 500th LNG cargo under its long-term contract with RasGas. The Al Areesh del…
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Total Boosts Ethane Use in Antwerp
Total has started to use ethane to make ethylene at its refining and petchems complex in Antwerp, Belgium, it said July 7. It said it invested nearly $60mn to revamp one of…
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Iran Explains Total's South Pars Remuneration
Iran’s oil minister Bijan Namdar Zangabeh said that some $84bn worth of revenue will come in from South Pars phase 11 over 20 years, based on expected $50/barrel oil…
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Engie Teams up with Carrefour on French Bio-CNG
French utility Engie said July 4 that by end-2017 a fleet of 200 Carrefour trucks, delivering to the firm's supermarkets in France, will be fuelled by compressed biomethane. The…
