Gabon’s dollar bonds due June 2025 and November 2031 were the worst-performing in emerging markets on Wednesday. The 2025 notes fell 8.55 cents to 84.74 cents on the dollar as of 11:48 a.m. in London. Shares in French mining group Eramet SA, oil and gas producer Maurel & Prom SA and a listed unit of TotalEnergies SE, which all have operations in Gabon, sank in Paris trading.
Archiv: Total SE (oil corporation / France)
Saudischer Ölkonzern Aramco meldet 161 Mrd. Dollar Gewinn
Der saudi-arabische Ölkonzern war erst 2019 an die Börse gegangen. Er ist das zweitwertvollste Unternehmen der Welt nach Apple. 2022 meldeten auch fünf weitere Ölgiganten Rekordgewinne: Shell, Chevron, ExxonMobil, BP und TotalEnergies.
Big Oil to take centerstage at Houston meet as markets, alliances shift
The war in Ukraine sparked a rally in crude oil and fuel prices that led to record industry profits, prompting the U.S. government and others to accuse Big Oil of profiteering and for Britain and some other governments to impose windfall taxes on energy companies.
France‘s Total suspends Mozambique gas project over jihadist attacks
The LNG project includes development of the Golfinho and Atum offshore natural gas fields and the construction of a two-train liquefaction plant.
Tripolis will nach Fund französischer Waffen Erklärung
Der Außenminister der international anerkannten Einheitsregierung in Tripolis, Mohammed Tahar Siala, rief seinen französischen Amtskollegen Jean-Yves Le Drian „dringend“ auf zu erklären, wann und wie die Waffen in den Besitz von Haftars Truppen gelangt seien.
Missiles belonging to French army found at pro-Haftar base in Libya
(10.07.2019)
The missiles were intended for the “protection of a French military unit deployed to carry out counter-terrorism operations”, the ministry added.
In its statement, the French ministry of defence also denied the Javelins had been given to Haftar’s forces, and it further reiterated that the arms were not subject to import restrictions because they were intended for the protection of French troops.
Trump praises Libyan general as his troops march on US backed government in Tripoli
President Donald Trump spoke with Libyan general Khalifa Haftar Monday, praising his role in fighting terrorism and securing Libya‘s vast oil resources even as Haftar‘s troops continue their offensive against the UN and US-backed government in the Libyan capital of Tripoli.
Libya‘s oil fields fall into Haftar‘s hands
(today)
In the short term, Haftar‘s offensive has actually improved Libya‘s oil production, now running at about 1mn bl/d. Sharara had been closed since December after the militia paid to guard it took control, demanding a massive pay rise. When Haftar‘s forces captured Sharara they allowed the militia to stay, provided it removed key leaders and dropped excessive pay demands. In early March the NOC reopened the field.
Libya‘s Haftar Takes Control of Country’s Largest Oil Field
(11.2.2019)
Armed protesters had closed down the 300,000 barrel-per-day deposit in December, demanding more money and investment in the remote region.
“Sharara is completely secure and ready to resume pumping,” LNA spokesman Ahmed al-Mismari said Tuesday in a telephone interview. “The guards at the field handed over the field to our forces peacefully.”
Strikes stop production on three North Sea platforms
(24.Juli) The Unite trade union claimed that strike action had shut down Total’s Alwyn, Dunbar and Elgin rigs in the North Sea.
Regional officer John Boland said 44 workers across the three Total rigs had gone on strike in a 6am dispute over pay and working hours.
France: Farmers launch blockade of oil refinery in Grandpuits
Farmers launched a four-day blockade at the Grandpuits oil refinery on Sunday, to protest against the import of palm oil for use in fuel at the expense of locally-produced biofuels.
UPDATE 3-French farmers block refineries, fuel depots over palm oil imports
French farmers have blocked access to oil depots and at least three refineries using tonnes of onions, wood and rubble as part of a three-day protest over plans to allow Total to use imported palm oil at a biofuel plant.