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Total to slash over $2.5 billion from E&P business as oil crisis bites

In an effort to alleviate the concequences of the recent oil price plunge, French oil major Total has revealed its plan to reduce the capex for 2020 by more than $3 billion and save about $800 million in operating costs compared to 2019. Total will also suspend its buyback program.

read more... 24/03/2020

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Total acquires wind power company GWP France

French oil and gas company Total has acquired a 100% stake in Global Wind Power (GWP) France, expanding its renewable energy capacity in the country.

read more... 23/03/2020

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Total buys French onshore wind developer with 1-GW portfolio

Total Quadran, the French renewable power production unit of Total SA, has taken over Global Wind Power (GWP) France, which holds an onshore wind project portfolio amounting to 1,000 MW.

read more... 20/03/2020

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Global offshore capacity nears 30GW with 6GW 2019 surge

The offshore wind industry installed just over 6GW of new capacity in 2019, taking total capacity to 29GW, according to figures released by the Global Wind Energy Council (GWEC).

read more... 20/03/2020

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Utility-scale solar enjoys 'record' 2019

Utility-scale solar added a record 45GW of new capacity last year, bringing the total to over 220GW, according to figures from Wiki-Solar.

read more... 18/03/2020

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