The wave of oil industry spending cuts continues, with the majors now announcing significant reductions to spending as oil remains stuck in the $20s. Royal
Tag: Total
Development of Hydrocarbons in East Africa: Political and Security Challenges
East Africa has the potential to experience a gas and liquefied natural gas (LNG) export boom in the coming years due to several projects that
New Energy Hot Spot: Exxon, in U-Turn, Now Plans Oil Drilling in Israel
The American oil giant Exxon Mobil Corporation is pondering oil and gas exploration in Israel. This move would make Exxon the first oil major to
Nigeria to Boost Oil Production as OPEC Cuts Start
Nigeria had upped its oil production days before OPEC’s output cuts started on 1 January. France’s Total had started oil production from Nigeria’s ultra-deepwater oil
Uganda’s Hoima Oil Refinery Construction Delayed
Uganda’s oil refinery construction is likely shifted by two years following delays with project studies. The front-end engineering design (FEED) was originally scheduled for completion
Expert Analysis: African Oil – Exploration & Production, Key Players & Their Strategies
The continent’s oil sector has experienced deep-reaching changes. There was not only a drop in exploration budgets, but also a disappearance or sale of weakened
France’s Total Expands US Petrochemical Business
French energy company Total is going to construct petrochemical plants along the US Gulf Coast. Total said that it was planning to construct a new
French Total to Invest in Russia’s Arctic LNG Despite Sanctions
French energy giant Total is going to acquire a 10 percent stake in a Russian Arctic gas project. The deal was finalized during French President
Saudi Aramco and French Total to Expand World’s Leading Refining Hub
Saudi state-run giant Aramco and French oil company Total are planning to sign a deal next week for the expansion of their joint venture refinery
Energy Geopolitics: Iran’s Global Oil Comeback Not Happening
Analysts were expecting Iran’s oil-and-gas industry to take off following the relaxation around the nuclear deal. Instead, the anticipated boom is nowhere to be seen.