BP breaks from peers to unleash cash bet that oil will stay high
BP is gearing up to leave European competitors in the dust, at least when it comes to spending the industry’s enormous cash pile.
Total
Total’s Q3 income jumps as firm takes advantage of ‘favourable environment’
Total posted a 50% rise in net income to £3.1 billion in a third quarter that saw it announce the discovery of a major gas find west of Shetland.
Scottish Conservative MP calls for end to pension fund investment in fossil fuels
A Scottish Conservative MP has called for the MPs Pension Fund to end investment in fossil fuels.
Total CEO steps into the eye of Saudi storm as other bosses balk
Total SA boss Patrick Pouyanne proved once again that he’ll go where other business leaders fear to tread.
Ichthys LNG project begins gas exports
Total said today that the first cargo of liquefied natural gas (LNG) from Ichthys has left Darwin, Australia, following the production start-up at the end of July.
Total, CNOOC strengthen LNG bonds
Total and Chinese oil firm CNOOC have further strengthened their cooperation in the liquefied natural gas business.
Bilfinger rejects union claims of reps ‘removed’ from Culzean project
Offshore services firm Bilfinger Salamis said last night it "completely rejects claims" that union representatives were "removed" from the North Sea Culzean project.
Total signs major gas and retail deal in India
Energy giant total has signed an agreement with Adani Group to develop various regasification projects in India, along with a network of 1,500 retail service stations.
Serica could revive Rhum well plans, intends to keep BP rotas
Serica Energy is closing in on two acquisitions after the US granted a waiver removing production obstacles on a UK North Sea field.
Experts call for more realistic UK oil exploration ambitions
Just over a fifth of oil produced over the last decade in the UK has been replaced through exploration, a new report said.
Serica’s deals with BP, Total near completion as US sanctions waiver granted
Serica Energy said today that the US had granted a conditional licence removing restrictions on production from a UK North Sea field.
Three week rotas will always divide opinion, oil academic says
An Aberdeen academic has said three week, equal time rotas will always divide opinion.
Talks over Faroe service centre for Atlantic Frontier fields
A Faroese delegation has been in Aberdeen last week for discussions with five key oil companies, the Oil and Gas Authority, Oil and Gas UK and at least one major subsea contractor regarding future Atlantic Frontier prospects.
Arnlea secures £4m contract extension with Total
An Aberdeen software developer has won a contract extension worth around £4million with oil and gas operator Total.
Total E&P UK narrows losses as production jumps by a quarter
Total E&P UK enjoyed an increase in turnover last year, buoyed by a 26% boost to production.
Total hoping new Laggan well will crack ‘compartment’ issues
Oil major Total hopes a new well on its Laggan field will help it crack “compartmentalisation” issues on a reservoir which came off plateau about a year after first gas.
Serica closes in on acquisitions, but takes hit from Erskine blockage
Serica Energy said today that it expects to complete two North Sea acquisitions on November 1.
Scotland risks becoming climate ‘sham’ over oil, says Patrick Harvie
Scotland's reputation as a world leader on climate change is being put at risk by Government support for North Sea oil and gas discoveries, the Scottish Green leader has said.
Pay deal brings end to North Sea strikes
Unite workers on three North Sea platforms have accepted a pay deal, bringing an end to a protracted strike dispute.
Total sees $100 oil coming, and says it may not be a good thing
Total SA is among a growing chorus that sees $100 oil on the horizon. But the French energy giant isn’t thrilled about it.
Total lines up more exploration west of Shetland after Glendronach success
Total’s UK boss believes the west of Shetland basin has a big future as the oil giant limbers up for more drilling.
Total to buy Chevron’s Danish North Sea business
Total will buy Chevron's 12% interest in the Danish Underground Consortium (DUC), a 12% interest in Licence 8/06, and a 7.5% interest in the Tyra West pipeline.
Total gas find could be biggest in 10 years
Oil major Total revealed yesterday that it had made one of the biggest gas discoveries in the North Sea in a decade.
Opinion: Glendronach a dream discovery for Total
Glendronach has to be one of the North Sea’s dream discoveries.
BP, Shell, Equinor, Total form ‘human rights’ joint force
The chiefs of BP, Shell, Equinor and Total are to join forces in an attempt to highlight suppliers who respect the human rights of their workforce.