2014-01-13 16:38:00
TOTAL BECOMES LARGEST ENERGY PRODUCER
Looking to expand shale-based oil production outside of its home country of France, where the controversial process of hydraulic fracturing drilling is banned, Total SA announced it was purchasing a 40% stake in two U.K. oil exploration areas. Total's partner IGAS Energy PLC ), which holds 14.5% of the permits to explore in the area, will be the operator of the exploration project.
The $47 million payments for exploration rights to Dart Energy Ltd make Paris-based Total SA the largest oil company to enter the U.K. fracking business, according to a report by Bloomberg. Total's stock price fell by just over 1% on the news, while Dart climbed 18%.
The move by Total SA, the largest oil producer…
Log in to read the publication.
An authorized user gets access to four FREE publications per month.
You can also buy a full access to all publications of the site since January 2014.
 |
April, 19, 09:45:00 |
OIL PRICE: NEAR $72 YET |
|
 |
April, 19, 09:40:00 |
U.S. OIL PRODUCTION 12.1 MBD |
|
 |
April, 19, 09:35:00 |
VENEZUELA'S, RUSSIA'S OIL |
|
 |
April, 19, 09:30:00 |
TURKEY, US ENERGY COOPERATION |
|
 |
April, 19, 09:25:00 |
AUSTRALIA'S LNG PRODUCTION UP 11% |
|
 |
April, 19, 09:20:00 |
U.S. NUCLEAR SECURITY |
|
Chronicle:
2019, April, 19, 09:15:00
S.KOREA RENEWABLE ENERGY
South Korea's economy has been pushing to shed its heavy reliance on coal and nuclear power, with the latest target coming on top of a 2017 plan to increase the amount of renewables in its energy mix to 20 percent by 2030.
2019, April, 19, 09:10:00
UAE GDP WILL UP 4.7%
The International Monetary Fund (IMF), has forecast the UAE’s nominal Gross Domestic Product (GDP) to grow 4.7 percent to AED1.673 trillion in 2019, compared to AED1.589 trillion a year ago.
2019, April, 19, 09:05:00
U.S. TRADE DEFICIT $49.4 BLN
the goods and services deficit was $49.4 billion in February, down $1.8 billion from $51.1 billion in January,
2019, April, 19, 09:00:00
U.S. RIGS DOWN 10 TO 1,012
BHGE - U.S. Rig Count is down 10 rigs from last week to 1,012, with oil rigs down 8 to 825, gas rigs down 2 to 187, and miscellaneous rigs unchanged at 0. Canada Rig Count unchanged from last week at 66, with oil rigs up 1 to 19 and gas rigs down 1 to 47.
