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France’s Total is buying Maersk Oil to strengthen its operation in the North Sea and boost earnings. (AFP)
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Saudi Aramco Chief Executive Officer Khalid al-Falih speaks to the media at the company’s booth during Petrotech 2014 May 19, 2014. REUTERS/Hamad I Mohammed
Saudi Arabia to Establish its First Nuclear Plant
Cairo – Saudi Arabia is planning to expand its nuclear power through Saudi’s first nuclear plant in order to diversify its energy sources. Khalid al-Falih, Saudi energy Minister and Chairman of Aramco said Saudi Arabia is looking into choosing a site for the first...Caption:
People walk past the entrance of French oil giant Total headquarters in the financial and business district of la Defense in Courbevoie near Paris October 21, 2014. REUTERS/Charles Platiau
Total Takes a Step Deeper into Middle East…Develops Qatar’s Al-Shaheen Oil Field
Cairo- Enhancing economic ties, Qatar Petroleum and France’s oil giant, Total, signed an agreement to create a new company that will develop and operate one of the world’s largest oil fields located in the Arab Gulf , Al-Shaheen offshore oil field. A Development and...Caption:
A passenger plane flies over a Shell logo at a petrol station in west London, in this January 29, 2015 file photo. REUTERS/Toby Melville/Files
Coming Wave of Gas Puts Focus on Finding New Shores
Energy giants such as Royal Dutch Shell and Total are seeking to construct terminals and power plants in new markets to put up with the industry’s rapidly growing supply. The growth of gas demand is decreasing and being followed consequently with lower prices,...Caption:
A French CGT labour union employee at French oil giant Total prepares to throw a tyre onto a burning barricade to block the entrance of the deposit of the society SFDM near the oil refinery of Donges