Total buys 74% stake in Direct Energie in €1.4bn deal

It aims to have more than six million French customers and one million Belgian customers by 2022

Total invests in fund targeting emerging energy tech in China

The fund will invest in the energy sector, notably renewable energy, energy storage, distributed and smart energy

Eight energy firms pledge methane reductions from natural gas

BP, ExxonMobil, Shell, Statoil and Total are among eight energy companies that have committed to further reduce methane emissions from their natural gas assets. The firms, which include Eni, Repsol and Wintershall, have also agreed to encourage others across the natural gas value chain – from production to the final consumer – to follow suit. […]

Chris Billing joins Total in France

Chris Billing has been appointed as a Director to the Strategy and New Ventures department within Total Paris. He will be working on Total Gas and Power’s (TGP) commercial strategy across Europe, as part of its wider ‘better energy’ ambition to have 20% of their generation from renewable sources within 20 years, Mr Billing said: […]

Total snaps up ENGIE’s LNG assets for $1.5bn

Total has signed an agreement with French utility ENGIE to buy its liquefied natural gas (LNG) assets for $1.49 billion (£1.13bn). The deal includes interests in liquefaction plants, including the Cameron LNG project in the US, long term LNG sales and purchase agreements, a fleet of 10 LNG tankers as well as access to regasification capacities […]

What drives the energy market?

What will the main drivers be for the energy market this winter? Find out at Energy Live Expo on November 2nd at the QEII in London, where Total will give its take on energy trading. The company’s Energy Optimisation Manager for North West Europe, Alistair Griffiths, will run through some of the drivers of the […]

Total enters French retail power market

Total has entered the residential power market in France. It expanded its gas and power distribution market with the introduction of Total Spring, “a natural gas and green power offering that is 10% cheaper than regulated tariffs”. The new retail unit employs around 300 people. Patrick Pouyanné, Chairman and CEO of Total said: “Although the […]

Shell, Statoil and Total join forces for CCS

Three oil giants have joined forces to deliver large scale carbon capture and storage (CCS) in Norway. Shell, Statoil and Total have signed a partnership agreement to mature the development of CCS on the Norwegian Continental Shelf (NCS). Earlier this year, the Norwegian Government awarded a contract to Statoil for the first phase of the […]

Total’s plans to drill Amazon Reef rejected

Total’s application to drill near the Amazon Reef has been rejected. The decision from the Brazilian Environmental Agency destroys the French energy giant’s long-standing plans to drill in the region. Environmentalists claim around 1.2 million people around the world have protested against the plans at various stages. The agency said Total had not provided adequate […]

French energy giant Total to buy Maersk Oil for $7.45bn

Total has agreed to buy Maersk Oil in a $7.45 billion (£5.8bn) deal. The French oil giant will acquire 100% of the Danish exploration and production company from A.P. Moller Maersk Group when the deal is approved. It will see A.P. Moller Maersk receive a consideration of $4.95 billion (£3.8bn) in Total shares and Total […]