Trees as an asset class to tackle emissions
In order to limit global temperature rises to 1.5 degrees Celsius, companies must invest in technologies to remove emissions.
Total
Total consolidates position as France’s second largest solar developer
Total has picked up 67 megawatt-peak of solar projects as part of the French Energy Regulatory Commission’s (CRE) eighth call for tenders.
Total faces duty of vigilance case over Uganda work
Total will face accusations of human rights violations over its activities in Uganda on October 28, in the Versailles Court of Appeal.
BP, Eni, Equinor, Shell and Total team up to develop North Sea carbon capture infrastructure
A number of the oil and gas industry’s biggest players have joined forces to speed up the decarbonisation of industry and power.
North Sea big hitters rally behind new deal for offshore contractors
More than 20 North Sea oil industry big hitters are rallying behind a new collective deal for workers ahead of a critical deadline this week.
Namibia considers exploration and acquisitions
Namibia continues to expect hydrocarbons to be discovered offshore, but in the meantime is working on energy transition plans.
Scots firms encouraged to partner with French counterparts for offshore wind projects
Scottish energy service firms are being encouraged to partner up with their counterparts in France in order to make inroads into its emerging offshore wind market.
Uganda tax deal paves way for Tullow sale to Total
Tullow Oil has reached a binding tax agreement with Uganda, which should allow it to close a sale to Total shortly.
Maersk Drilling wins $30m deal with Total for Angola campaign
Total has chosen a Maersk Drilling vessel for a three-well campaign in Angola's block 17, handing the Danish firm a $30 million deal.
Europe’s CCS projects boosted by increased funding
Increased funding from the EU and national governments have boosted the prospects for carbon capture technologies in Europe. Three projects in the Netherlands, Norway and UK could be operational by 2024.
North-east oil and gas boss takes helm at Montrose port
North-east oil and gas boss Peter Stuart has been appointed chairman of Montrose Port Authority.
Chevron seeks bids for huge Thai decommissioning wave
Chevron is seeking contractors for a major retirement campaign across the Gulf of Thailand as the Southeast Asian nation braces for a huge wave of decommissioning.
Total under fire over Uganda land issues
Friends of the Earth France and Survie have accused Total of human rights violations in Uganda and Tanzania.
Total delivers carbon offset LNG to CNOOC
Total has delivered its first cargo of carbon neutral LNG to China National Offshore Oil Corp.’s (CNOOC) Dapeng terminal.
More refinery closures coming, BofA predicts
Global refinery expansion is coming just as product demand struggles, Bank of America Securities (BofA) analysts have warned.
Total launches Nigeria tenders
Total Exploration and Production Nigeria has issued a tender for onshore land rig services at OML 58.
Siemens Energy wins Mozambique LNG work
Siemens Energy will provide six industrial gas turbines and boil-off gas compressors to the Total-led Mozambique LNG project.
$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.
Babcock begins Total helicopter contract after rivals criticised ‘unsustainable pricing’
Babcock has started a North Sea helicopter contract with Total which rival CHC criticised as “unsustainable pricing”.
Total and Google create tool to ‘map’ solar potential of European homes
Total has teamed up with Google Cloud on a new tool that will ‘map’ the potential to use solar power on household roofs.
Tullow trims RBL at redetermination
Tullow Oil has completed its twice yearly redetermination of its reserve-based lending facility, with $1.8 billion of debt capacity approved by lenders.
Total enters the floating offshore wind sector in France
French energy giant Total has become a 20% shareholder in the Eolmed floating wind farm pilot project in the Mediterranean.
Seagreen snub for BiFab leaves both governments with serious questions to answer
The failure to bring even a fraction of the Seagreen windfarm contracts to Scottish yards is a scandal on several levels and politicians should unite to insist on a forensic inquiry into how it happened – yet again.
Early rig exit suggests no Finzean find
Westwood Global Energy reports that as of September 30 there was one exploration well active in the UK. So far in 2020, four exploration wells have completed. There has been no appraisal drilling to date this year.
Chevron signs Rokan deal as Indonesia exit looms
Indonesia is taking proactive steps in a bid to avoid a sharp drop in upstream production as state-backed Pertamina takes over more legacy assets from international oil companies (IOCs).