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2014-03-17 08:02:00

TOTAL EXPECTS PROSECUTION

TOTAL EXPECTS PROSECUTION

THE GUARDIAN. French energy group Total said on Sunday it expects to be prosecuted over a large gas leak at a North Sea oil rig in 2012.

A report into the incident at the Elgin platform, which lasted seven weeks and led to a one-year shutdown, was passed to the prosecution authorities in Scotland by the Health and Safety Executive after a two-year investigation, the Guardian reported on Friday.

The HSE refused to comment on the report's contents. A Total spokesman said on Sunday night: "The report recommends proceedings are taken against the company for breaches of the Health & Safety at Work Act and the Offshore Installations and Wells Regulations."

Some environmental campaigners have…

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Tags: TOTAL, GAS, SCOTLAND, BRITAIN, NORTH SEA

Chronicle:

TOTAL EXPECTS PROSECUTION
2019, March, 22, 10:20:00

U.S. OIL INVENTORIES DOWN 9.6 MB

US crude oil inventories for the week ended Mar. 15, excluding the Strategic Petroleum Reserve, decreased 9.6 million bbl from the previous week, data from the US Energy Information Administration showed.

TOTAL EXPECTS PROSECUTION
2019, March, 22, 10:15:00

SAUDI'S OIL WILL DOWN

Saudi Arabia will supply its clients with significantly less oil than they requested in April, extending deeper-than-agreed oil production cuts into a second month, a Saudi official familiar with the policy said.

TOTAL EXPECTS PROSECUTION
2019, March, 22, 10:10:00

BRITAIN NEED INVESTMENT $265 BLN

Oil & Gas UK estimates exploration and production companies would have to spend about $265 billion between 2019-35 to realize industry’s expectations outlined in Vision 2035 on the UK Continental Shelf (UKCS).

TOTAL EXPECTS PROSECUTION
2019, March, 22, 10:05:00

U.S. FEDERAL FUNDS RATE 2.25-2.5%

U.S. FRB - Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.

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