Total SE is discussing a plan for 500 voluntary job cuts in France, where the oil company has 35,000 employees, Chief Executive Officer Patrick Pouyanne said in an interview with France Inter radio. Pouyanne said talks are ongoing. “We’ll see, there’s a negotiation. It could be 300, it could be …
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French supermajor Total is in talks to sell its 18% stake in an oil field in Iraq’s semi-autonomous Kurdistan region, with which it could raise around $ 500 million, Bloomberg reported, citing sources familiar with the matter. Total is working with Jefferies Group on the potential sale of its stake …
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China earlier this year introduced the petroyuan as an alternative to the US dollar-dominated oil industry .
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The deal will keep busy CMA CGM’s nine newbuild container ships. scheduled for delivery starting 2020.
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Total would wait to see the consequences of Trump’s decision.
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Total planned to increase its electricity production capacity in France.
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Total signed a $2 billion preliminary agreement with Iran last week to build three petrochemical plants.
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