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Stock Market & Financial Investment News

News Breaks
April 22, 2014
07:54 EDTTOTTotal exec sees no impact to Russian operations from tension, WSJ says
Total's head of E&P Yves-Louis Darricarrere said the tensions over Ukraine are unlikely to have any direct impact on the company's Russian operations, reported The Wall Street Journal, citing Darricarrere's comments at a conference. Reference Link
News For TOT From The Last 14 Days
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February 12, 2016
14:38 EDTTOTTotal management to meet with JPMorgan
Meeting to be held in New York on February 17 hosted by JPMorgan.
February 11, 2016
14:45 EDTTOTUAE Minister says OPEC members ready to cooperate on production cut, WSJ says
UAE Energy Minister Suhail bin Mohammed al-Mazrouei said OPEC members are ready to cooperate on a production cut, according to The Wall Street Journal. "The positive thing is the current market is forcing everyone not to increase output," al-Mazrouei said. Publicly traded oil majors include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT).
06:47 EDTTOTTotal cuts FY16 organic CapEx to around $19B
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06:46 EDTTOTTotal reports 2015 return on equity for the Group was 11.5%
Total resisted the drop in prices by leveraging the effectiveness of its integrated model and its strong operational performance. The Group will further pursue this strategy and all of the necessary actions will continue to be implemented to reduce costs and maintain a solid balance sheet, demonstrating once again the Group's capacity to adapt.
06:46 EDTTOTTotal reports Q4 adjusted EPS 88c, consensus 70c
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February 8, 2016
13:28 EDTTOTTotal starts up production at Laggan-Tormore in west of Shetland area
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February 4, 2016
15:39 EDTTOTWhite House 'clean transportation' plan proposes $10 per barrel fee on oil
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February 2, 2016
07:17 EDTTOTIran still struggling to finalize oil drilling contract terms, WSJ says
Iran is still having difficulty finalizing terms under which foreign energy companies can drill for oil there, the Wall Street Journal reports. Iranian oil officials canceled a conference scheduled for this month in London where new contracts for Western companies were supposed to be presented, with official blaming the cancellations on the inability to secure enough U.K. visas for the event, the report says. Another reason for the cancellation are conservative factions thinking that the contracts drawn up by president Hassan Rouhani's oil ministry are too generous to foreign entities, the report says, citing people familiar with the matter. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
05:33 EDTTOTTotal signs long-term agreement to supply LNG to Pertamina
Total has signed long-term liquefied natural gas, or LNG, sale and purchase agreements with state-owned Indonesian company Pertamina for the supply of LNG volumes increasing from 0.4M to 1M tonnes per year over a period of 15 years beginning 2020. Under the terms of the agreements, Total will purchase from 2020 around 0.4M tonnes per year of Pertamina's contracted LNG volumes from Corpus Christi LNG, currently under construction in the United States. In parallel, Total will supply from its global portfolio to Pertamina a volume growing over time from 0.4M to 1M tonnes per year of LNG.
February 1, 2016
13:49 EDTTOTS&P cuts rating on Shell, puts several other EU oil majors on watch
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