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Total to Shut Crude Unit at Dutch Oil Refinery for Maintenance

By Nidaa Bakhsh Nov. 28 (Bloomberg) — Total SA, Europe’s third-largest oil company, will shut a crude unit for maintenance this weekend at its Vlissingen refinery in the Netherlands. Total will halt the so-called crude distillation unit until around Dec. 10, the Paris-based company said in a statement on its Dutch Web site. The refinery, which can process [...]

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Total eyes heavier crudes, less North Sea dependency

Total SA is planning to source heavier crudes for its Lindsey refinery in Britain as North Sea supplies dwindle. Total is planning to deepen the approach to the Immingham Oil Terminal in northeast England to allow vessels carrying heavier loads from as far as Russia and the Middle East to bring oil for the refinery, the Paris-based company said yesterday. Total is seeking flexibility in its crude oil...

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South Africa’s Largest Fuel Retailer Engen Buys Rwanda’s Total Petroleum Outfit

South Africa’s largest fuel retailer, Engen Ltd., has announced that it has bought out Total SA units in Rwanda, company representative Adama Kororo confirmed in a press conference held in Kigali. “We are proud to do business in Rwanda given the atmosphere and better investment opportunities that exist,” Karoro said on Thursday. The deal comes as a [...]

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Zacks Analyst Blog Highlights: Chevron Corp., Total SA, CarMax, Inc., McCormick & Schmick's Seafood Restaurant and Natural Resource Partners, L.P.

CHICAGO--(BUSINESS WIRE)--Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.

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Total Plans $15 Billion in Takeovers, Citigroup Says (Update1)

Nov. 17 (Bloomberg) -- Total SA, France's largest oil company, is targeting $5 billion to $15 billion in acquisitions, possibly in the U.S. and Australia, Citigroup Inc. said.

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Earnings reports: Oil profit boom continues

French oil giant Total SA said Wednesday its net profit rose 7 percent to $4.59 billion in the third quarter.

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Total says net profit up 7 percent in 3Q

French oil giant Total SA said Wednesday its net profit rose 7 percent to $4.59 billion in the third quarter thanks to record-high oil prices in the period.

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Total says US$ net profit up 7 percent in 3Q

PARIS – French oil giant Total SA said Wednesday its net profit rose 7 percent to $4.59 billion in the third quarter thanks to record-high oil prices in the period. Total's adjusted net profit, the earnings indicator mos

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Total reports third quarter profit rise of 35%

French oil major Total SA beat analysts' forecasts to report a 35 per cent jump in third quarter underlying profits, as high oil prices and strong refining margins made up for a drop in crude and gas production.

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Total says adjusted net profit up 35 percent in 3Q

PARIS – French oil giant Total SA says its net profit slipped 2 percent to 3.05 billion euros $3.91 billion in the third quarter as higher one-off tax and accounting charges offset gains from the record-high oil prices during the period. Total

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Total Grabs Stakes in Deep Offshore Nigerian Licenses

Total S.A. Tuesday, November 04, 2008 Total has signed an agreement with OMEL Energy Nigeria Limited (OENL) and OMEL Exploration and Production Nigeria Limited (OEPNL) to acquire interests of 25.67% in deep offshore license OPL 285 and 14.5% in deep offshore license OPL 279. OENL will remain the operator for [...]

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Earnings Preview: Total to post 3Q results

PARIS – Total SA reports earnings for the fiscal third quarter on Wednesday. The following is a summary of key developments and analyst opinion related to the period. OVERVIEW: After hitting an all-time high of over $147 a barrel in July, oil

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Earnings Preview: Total to post 3Q results

Total SA reports earnings for the fiscal third quarter on Wednesday. The following is a summary of key developments and analyst opinion related to the period.

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Total makes gas discovery off the coast of Brunei

Total announces significant gas and condensate discovery off the coast of Brunei Total SA said Monday that it made a significant gas and condensate discovery in Block B off the coast of Brunei. The French oil and gas company operates the block with a 37.5 percent interest in association with Shell Deepwater Borneo Ltd. and local partners. Total [...]

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Western Oil Companies Resolve Kazakh Dispute

The project also has more partners than most ventures of its kind: besides ENI, there is Royal Dutch Shell PLC, Exxon Mobil Corp.,Total SA, ConocoPhillips, Inpex Holdings Inc. of Japan and KazMunaiGas. Strained relations between the partners have added to the project's complexity.