Latest news
Total CEO expects oil prices to go up.
Christophe de Margerie, the CEO of Total, has recently declared in an interview that he expects oil prices to rise in the years to come.
read more... 25/11/2010
China National Petroleum Corp in a multi-billion project in Cuba.
State-owned Chinese company, China National Petroleum Corp (CNPC) plans big investments in 2011, intending to build a refinery, a LNG terminal and an electricity generation plant worth a total of $6 billion, which is supposed to be one of the biggest projects in Cuba.
read more... 24/11/2010
Exxon Mobil and Total have resumed their activities in France.
The strike at 12 oil refineries and at the France's two largest ports ended on Friday. French oil sector posted 230 million Euros losses because of the strike.
read more... 05/11/2010
A new solar plant in California.
The solar photovoltaic facility will be constructed in three projects that will start this month with a capacity of 45 megawatt and for a total sum of $220 million. This project appears as California regulators voted last week to raise the state’s renewable energy objective to one third by 2020.
read more... 28/09/2010
Total anticipates stable production in 2011
The major oil company in France, Total, stated on Wednesday that it anticipated stable oil and gas production in 2011, though the target remained of 2% average annual growth between 2010-2014.
read more... 16/09/2010