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2014-01-13 16:38:00

TOTAL BECOMES LARGEST ENERGY PRODUCER

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…

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TOTAL BECOMES LARGEST ENERGY PRODUCER
2019, July, 20, 12:50:00
U.S. GAS PRICES DOWN TO $2.37 MMBTU
the U.S. Energy Information Administration (EIA) forecasts Henry Hub natural gas spot prices for June, July, and August this year will average $2.37 per million British thermal units (MMBtu). If realized, this price would be the lowest summer average Henry Hub natural gas price since 1998.
TOTAL BECOMES LARGEST ENERGY PRODUCER
2019, July, 20, 12:45:00
RUSSIA'S NUCLEAR COMPETITIVENESS
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TOTAL BECOMES LARGEST ENERGY PRODUCER
2019, July, 20, 12:40:00
ADVANCED U.S. NUCLEAR
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TOTAL BECOMES LARGEST ENERGY PRODUCER
2019, July, 20, 12:35:00
NORWAY'S PRODUCTION 1.4 MBD
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TOTAL BECOMES LARGEST ENERGY PRODUCER
2019, July, 20, 12:30:00
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TOTAL BECOMES LARGEST ENERGY PRODUCER
2019, July, 20, 12:25:00
ARGENTINA'S GAS PRODUCTION UP
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TOTAL BECOMES LARGEST ENERGY PRODUCER
2019, July, 20, 12:20:00
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