Eni estimates a preliminary amount of 56-85 billion cubic meters of natural gas. Eni confirms the promising prospects in this area
Tenaris shines in the first quarter well beyond expectations. Opposite fate for the French TotalEnergies forced to devalue 4,1 billion in its balance sheet
German auto giant joined battery company Acc. Equal shareholdings. An increase in production capacity to at least 120 GWh is expected with an investment of 7 billion
The Libyan powder keg keeps observers and investors in suspense both for the geopolitical implications and for the risks on immigration and for the economic ones. The Italian giant keeps oil and gas production under control and the stock…
The French expect the addition of about 1 billion barrels of oil equivalent of reserves, and an additional production of 160 thousand barrels of oil equivalent per day in 2018 - The wells are between Norway, the United Kingdom and…
France's Total signs a $4,8 billion deal in Iran today for the Pars-Sud gas field - The French will have 50,1% of the consortium while 30% will go to the Chinese CNPCI
The Russian giant reports a 20,9% increase in net profit - Total announces growth in production and profits, while Tenaris reports a sensational surge in net profit (+636%)
a memorandum of understanding which provides for a strategic alliance aimed at allowing coverage of upstream and downstream activities in Brazil, as well as possible opportunities abroad.
The oil company sold its assets to Carlyle Funds at a multiple of 11,9 on 2015 adjusted earnings
The offer values the group's shares at the unit price of 36,50 euros, against 26,40 euros at Friday's closing - The takeover bid should be launched in early June, after the go-ahead from the Market Control Authority
However, the group's number one, Patrick Puyanne, assures that the group "is resisting" and will not cut jobs: "We will need all our employees when prices go up again. And sooner or later they will go back up".
Eni and Total announce an agreement for the use of EST technology, developed in Italy by Eni research. It is the most innovative and advanced refining process currently in existence for converting heavy products into lighter components. Eni Slurry…
The agreement signed today allows Total to use the refining technology developed by the Italian company - "Est" allows the conversion of heavy petroleum products into lighter components.
The operation is part of "Total's dynamic portfolio management strategy", explained the group's financial director, Patrick de la Chevardire - The stock gains more than 4% on the Paris Stock Exchange.
Among other things, the agreement provides for the development of new Pirelli points of sale in the Rosneft filling stations - The Russians also sign an agreement with Total.
Assessments by Platts and Forbes: ExxonMobil confirms itself as the most profitable oil company in the world, leap by BP, Russians do well. Enel conquers positions in electricity but the Italians are struggling to get to the top - American shale producers are advancing…
There are now several cases of large French companies moving their operational bases abroad: these are the reasons for a phenomenon that is alarming France.
Patrick Pouyanné new CEO, Thierry Desmarest president until next year - These are the decisions of the Board after the de Margerie plane crash.
Christophe de Margerie, one of the best known and most influential figures in the industry, was killed in a plane crash near Moscow.
Slow-motion start of the new Btp Italia with deposits of only three billion euros in the first day: in reality, savers are looking for safer havens and the German Bund acts as a magnet - The slowdown in Chinese GDP…
Changes in the ownership structure of Trans Adriatic Pipeline Ag, the company that will build the gas pipeline from Azerbaijan to Italy. The Spanish gas transport company enters the capital. The other shares remain with BP, Socar, Statoil and Axpo
Polynt Group Sarl, a leading operator in the production of intermediate polymers and composite materials, controlled by Investindustrial, announces its intention to acquire CCP Composites, from Total SA, a French operator in the oil and gas market.
The French oil company closes a disappointing 2013: net income fell 20% year-on-year to 84. billion euros, while revenue fell 5% to 189,5 billion - The board of directors of Total…
The Guardia di Finanza is searching the offices of Total-Erg as part of an investigation into alleged tax fraud - At the center of the investigation are invoices for 904 million issued by a company based in Bermuda.
The consortium formed by Snam, the sovereign wealth fund of Singapore and EDF finalizes the acquisition from Total of Tigf, which manages 5 km of gas network in south-western France - Stock Exchange, the share of the Italian manager up by…
Petrol is back below the threshold of 1,8 euros per litre: the brand with the lowest price is TotalErcon (1,794 euros per liter for green).
The first reductions on fuel are starting to be recorded: IP cuts the recommended price of petrol by a cent, TolalErg cuts the price list for green and diesel by 0,5. Reductions driven by competition from white pumps.
The French oil group has announced that it will pay its shareholders a total dividend of 2,28 euros per share - The 2013-2014 budget also envisages investments of an average of 23 billion each year.
The Paris government has allegedly decided to revoke the exploration permits for shale gas already granted to Total and Schuepbach, reveals Le Figaro. There are too many doubts about the environmental impacts of this mining activity. An important precedent in…
The group's president announced that the French giant's activities in the North African country will soon resume - The production sites should be "in good condition despite the conflict" - In the future, the company could "help the oil company…
The joint venture between the two fuel companies has signed a 5-year contract with a series of Italian and foreign banks - The operation is carried out through two credit lines: a term of 400 million and a…