Latest news
China: natural gas imports set to jump
China, the world’s second-largest oil consumer will continue to be dependent on natural gas imports, which account for more than half of the Chinese total consumption.
read more... 28/12/2011
Total boosts its stake in Novatek
The French major, Total SA announced that it has increased its stake in Russian company, Novatek by 2 per cent to 14.09 per cent, at a cost of $800 million.
read more... 14/12/2011
Largest Indian PV plant to get 48 million dollars loan
The largest Indian solar PV power plant, with a total capacity of 40 MW, received a long-term loan from the Asian Development Bank worth 48 million dollars. The Dahanu solar power plant will be built in the western state of Rajasthan, and it is planned to be completed by the second quarter of 2012.
read more... 07/12/2011
Norway oil, gas investments rising to a record in 2012
Total investments in oil and gas sector in Norway could hit a record of NOK184.6 billion ($32.0 billion) in 2012 from NOK152.6 billion in 2011, driven by continuous high oil prices and the need to upgrade ageing infrastructure, according to Statistics Norway.
read more... 02/12/2011
Total to challenge French government decision to cancel shale gas permits
The French energy major Total will appeal against the French government’s decision in October this year to cancel its license for the exploration of shale gas in Montelimar, in the south of France, as Total chief executive Christophe de Margerie said.
read more... 29/11/2011