Total and Iraq's oil ministry in January signed a memorandum of understanding for the energy projects.

Николай Шульгинов в рамках Петербургского международного экономического форума провёл рабочую встречу с Председателем Совета директоров французской нефтегазовой корпорации TotalEnergies Патриком Пуянне.

The fresh violence that follows attacks at the turn of the year suggests Mozambique’s armed forces are struggling to regain control of the region surrounding the $20 billion project.

"The government of Mozambique has declared the area within a 25 km perimeter surrounding the Mozambique LNG project as a special security area," Total said in a statement.

Iraq's oil minister and a Total delegation also discussed potential development of solar power projects in the country's central and southern provinces. The two sides also discussed Total's potential support and financing of oil infrastructure projects.

Total preserves its financial strength with a gearing of 21.7% at the end of 2020.

Total SE successfully issued perpetual subordinated bonds in the amount of €3 billion

French energy major Total SE (EPA:FP) today announced a deal to purchase a 20% stake in the green energy unit of India’s Adani Group and take 50% of its 2.35-GW portfolio of operating solar parks.

Located at the heart of Total's La Mède biorefinery and powered by solar farms with a total capacity of more than 100 MW, the 40 MW electrolyser will produce 5 tonnes of green hydrogen per day to meet the needs of the biofuel production process at Total's La Mède biorefinery, avoiding 15,000 tonnes of CO2 emissions per year.

Pouyanne said the investment budget for electricity and renewables would surpass $2 billion in 2021.