Tag Archives: International

The deal with Total increases Iran'.s energy security and is likely to encourage other foreign companies to invest in Iran.

Total holds a 50.1 interest in the South Pars project with state-owned China National Petroleum Corporation owning 30 percent and Iran’s Petropars 19.9 percent.

Despite U.S. production records. Saudi Aramco CEO Amin Nasser believes shale oil won’t be enough to prevent a future shortage.

Kazakhstan remains committed to its obligations under the global oil output cut deal between OPEC and non-OPEC members which lasts until April 2018.

The field holds 2.5 billion barrels of crude oil in place. some 400 million barrels of which are recoverable.

Total TOTF.PA won an offshore exploration license from Cyprus for drilling this year.

The ministerial meeting will be preceded by a meeting of a technical committee involving all OPEC and non-OPEC members currently participating in the oil output cutting deal.

TMFGS is an affiliate of Total responsible for marketing marine fuels worldwide.

After two years of unprecedented decline. IEA expects global upstream oil and gas investment to stabilize in 2017.

France'.s Total signed a deal earlier this month to help Iran increase gas output from the giant South Pars gas field. which the country shares with Qatar.