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Tag Archives: Total

Jordan’s total exports during the first 4 months of 2015 amounts to JD1.7b

AMMAN: Total exports during the first four months of 2015 amounted to JD1.7 billion, 12.1 per cent less than the figure during the same period of 2014, according to the Department of Statistics (DoS). Data showed a 13.7 per cent drop in domestic exports to JD1.5 billion, and a 2.2 per cent decline in re-exported items to JD262.3 million, compared ... Read More »

Total drops shale gas project in Denmark

COPENHAGEN: Total official stated that it will drop its exploration for shale gas in northern Zealand after failing to find sufficient deposits. The French company’s explorations in northern Jutland will continue after being temporarily shut down by Danish energy officials last week. If Total finds sufficient amounts of shale gas is found on the property, the company will then explore ... Read More »

Total drops shale gas project in Denmark

COPENHAGEN: Total official stated that it will drop its exploration for shale gas in northern Zealand after failing to find sufficient deposits. The French company’s explorations in northern Jutland will continue after being temporarily shut down by Danish energy officials last week. If Total finds sufficient amounts of shale gas is found on the property, the company will then explore ... Read More »

TakarékBank total assets rise by two-thirds in 2014

BUDAPEST: Magyar Takarékszövetkezeti Bank (TakarékBank) said its total assets rose 66% to HUF 800 bln last year. TakarékBank said its shareholders had decided to pay a HUF 1.6 bln dividend from last yearʼs HUF 2 bln after-tax profit at an annual general meeting yesterday. TakarékBank is the “central bank” for Hungaryʼs savings coops which were recently integrated to create synergy ... Read More »

Selling off $5b assets worldwide: Total to cut 180 jobs after $5.7 billion loss in UK

LONDON: Total has unveiled plans to cut 180 jobs in the UK, reduce refinery capacity and slow spending on North Sea fields after it crashed to a $5.7bn final-quarter loss. The company, which has just come under new leadership, said it would also sell off $5bn worth of assets worldwide and cut exploration costs by 30%. It has taken huge ... Read More »

Total agrees to sell 8% of oil field stakes in Norway

PARIS: Total has agreed to sell stakes in several oil fields in Norway to PGNiG Upstream International for $317 million, the French company said on Tuesday. Total is to sell 8 percent of its holding in the Gina Krog field, leaving it with a 30 percent stake alongside Statoil, which has 58.7 percent, and Det Norske, which has 3.3 percent. ... Read More »

Hydro, 100MW solar projects to overcome energy crisis: CM

LAHORE: High-level French and Norwegian delegations called on Punjab Chief Minister Shahbaz Sharif and discussed matters of mutual interest. Norwegian Ambassador in Pakistan Leif H Larsen discussed matters of mutual interest, promotion of bilateral relations and cooperation in various sectors with the CM and offered him to provide modern training to Punjab police. Meanwhile, a high level delegation of prominent ... Read More »

High-level French, Norwegian delegations meet Shahbaz Sharif

LAHORE: High-level French and Norwegian delegations called on Punjab Cm Shahbaz Sharif and discussed matters of mutual interest. First of all, Norwegian Ambassador in Pakistan Leif H Larsen met Punjab Chief Minister Shahbaz Sharif and discussed matters of mutual interest, promotion of bilateral relations and cooperation in various sectors. Norwegian ambassador also offered to provide modern training to Punjab police. ... Read More »

Total CEO: French prosecutors start ‘manslaughter’ probe

PARIS: French prosecutors started investigation into the killing of Christophe de Margerie, CEO of French oil group Total, in an incident at Russian airport. A Paris court would open a manslaughter inquiry following the death of De Margerie Monday night, media reported. French accident investigation agency BEA will send three investigators to Moscow to take part in the investigations. The ... Read More »