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Stock Market & Financial Investment News

News Breaks
June 4, 2014
09:56 EDTTOTTotal announces 10-year LNG sale and purchase agreement
Total said it signed a 10-year LNG sale and purchase agreement with Pavilion Gas for the supply of 0.7M tonnes per year of liquefied natural gas to Asia, including Singapore, starting in 2018. In addition, several LNG cargoes will be supplied prior to 2018. This LNG will be sourced from Total's LNG Portfolio.
News For TOT From The Last 14 Days
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September 19, 2014
18:30 EDTTOTTotal may consider spin-off of gas station business, Bloomberg reports
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07:40 EDTTOTLukoil evaluating impact of sanctions on Total jv, Reuters reports
The CEO of Lukoil (LUKOY) said the company is evaluating the impact of U.S. and European sanctions on its joint venture with Total (TOT), with which the Russian company is developing the Yamal LNG project and was planning to drill for tight oil in Siberia, reported Reuters. Reference Link
06:31 EDTTOTTotal receives offer from Arkema for Bostik adhesives affiliate
Total has received an offer from the French group Arkema to acquire its Bostik affiliate, a global adhesives company. Arkema’s offer values Bostik at EUR1.74B, or around $2.25B, representing 11 times the company’s EBITDA. In light of the quality of the project, Total has granted Arkema an exclusivity period to pursue the offer, and it will be presented to the relevant employee representatives, as part of the required information and consultation procedures. Arkema’s offer for Bostik includes clear undertakings to continue operations sustainably and safeguard existing jobs and employee benefits. The proposed transaction is subject to approval by the relevant antitrust authorities.
September 16, 2014
10:47 EDTTOTBadri sees OPEC lowering oil output target at next meeting, Reuters says
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September 10, 2014
08:22 EDTTOTBofA/Merrill oil and gas analysts hold an analyst/industry conference call
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September 9, 2014
10:10 EDTTOTOn the Fly: Analyst Upgrade Summary
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07:40 EDTTOTTotal upgraded to Neutral from Underperform at BofA/Merrill
06:15 EDTTOTTotal upgraded to Neutral from Underperform at BofA/Merrill
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