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The Latest Breaking News from Total

Major plans unveiled for demolished Total Fuel site in Colwick to create hundreds of jobs

The project is said to be worth £20m

Nottingham Post

Top French companies pay zero tax, despite year of record profits

The weekly magazine L'Obs is pleased to report that the leading French businesses made record profits in 2021, while the rest of us were cowering in fear of the coronavirus. But did they all pay reasonable taxes in France on those record earnings? L'Obs asked them just that.

Radio France Internationale

Eni, Total, Occidental sign $4 bn Algeria oil contract

Algiers (AFP) - Italy's Eni, US major Occidental, France's Total and the Algerian group Sonatrach signed a $4 billion oil and gas production-sharing contract Tuesday for the Berkine field in the country's southeast.

AFP

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I led the US lawsuit against big tobacco for its harmful lies. Big oil is next

We may be approaching a legal tipping point for fossil fuel companies, says the author Sharon Y Eubanks

The Guardian - UK

QatarEnergy, TotalEnergies to Collaborate on North Field East Project

QatarEnergy signed a partnership deal with France's TotalEnergies on Sunday for the North Field East expansion of the world's largest liquefied natural gas (LNG) project. QatarEnergy's chief executive said more partners would be announced in the coming days. The Gulf state is partnering with international energy companies in the first…

Asharq Al-Awsat

French green activists block TotalEnergies general meeting over climate inaction

More than 100 activists tried to block oil giant TotalEnergies' annual general meeting in central Paris on Wednesday to protest the energy firm's climate policies and continued presence in Russia following the invasion of Ukraine. But investors approved a controversial shareholder resolution by 88.89 percent.

Radio France Internationale

France: Climate protesters block TotalEnergies meeting

Several hundred climate protesters have disrupted a TotalEnergies shareholders meeting in Paris

The Independent UK

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Chadians protest as anti-French sentiments hit new highs in Sahel

In recent years, resentment against the presence of France in its former African colonies has been on the increase.

Al Jazeera

Large and on charge: How to drive to Italy and back in an electric car

It may not be for the faint-hearted, but relying on Europe’s charging network on a road trip to Tuscany taught Lizzie Wingfield that swapping diesel for kilowatts is totally doable

The Independent UK

Uganda oil project casts shadow over Total’s eco-friendly image

French energy firm plans to drill in national park and build 900-mile pipeline in sensitive environments

The Guardian - UK

Volkswagen Group Global BEV Sales In Q1 2022: Almost 100,000

The group reports sales of 99,100 electric vehicles in Q1, which is 65% more than a year ago. It's also 5.2% of the total global volume.

InsideEVs

French Green candidate slams TotalEnergies for ‘complicity' in Ukraine war crimes

France’s Green candidate in the upcoming presidential election, Yannick Jadot, has accused TotalEnergies of “complicity in war crimes” in Ukraine, a day after the French energy giant said it would stop buying oil from Moscow by the end of the year but continue its purchases of Russian gas.

France 24

France's TotalEnergies 'unable to end' Russian gas purchases

TotalEnergies' chief executive said Wednesday the French giant could not stop buying Russian natural gas in retaliation for Moscow's invasion of Ukraine, arguing it would force a partial economic shutdown in Europe.

Radio France Internationale

France's TotalEnergies leaving Myanmar, resists pressure to withdraw from Russia

French energy company TotalEnergies is leaving Myanmar without any financial compensation, handing over operation of the Yadana gas field to the Thai energy company PTTEP. The company is also under pressure to exit Russia following its invasion of Ukraine.

Radio France Internationale

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Kiplinger

10 Alternatives to Amazon Prime for Free Shipping and More

You don’t need to pay Amazon Prime’s juiced $139 annual fee to get free shipping where there is a wide swath of products online at different retailers.

The Independent UK

UK businesses and fund managers scramble to cut ties with Russia’s Kremlin-linked firms

British Gas, Total, and City fund managers in charge of trillions of pounds are rapidly dropping investments in Russia in response to Ukraine invasion

The Independent UK

Total agrees to halt new Russia funding but will keep existing projects

The French company said it will make no future investments in Russia but it will retain its stakes in gas and oil projects in the country.

Asharq Al-Awsat

Iraq's $27 Billion Total Deal Stuck Over Contract Wrangling

A $27-billion deal between France’s Total and Iraq, that Baghdad hoped would reverse the exit of oil majors from the country, has stalled amid disputes over terms and risks being scrapped by the country's new government. Iraq has struggled to attract major fresh investments into its energy industry since signing…

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Bangkok Post

Thailand seeks control of Myanmar gas project

PTT Pcl, Thailand's state-controlled energy company, is bidding to take control of Myanmar's Yadana gas field after TotalEnergies SE and Chevron Corp exited the country to protest against the junta's continued violence against civilians since the military coup.

Radio France Internationale

French company TotalEnergies bounces back to massive profits after Covid slump

French energy giant TotalEnergies on Thursday posted a whopping €14 billion profit for 2021, thanks to soaring oil and gas prices, helping them bounce back from 2020 pandemic losses.

AFP

TotalEnergies returns to profit after Covid crisis

Paris (AFP) - French energy giant TotalEnergies on Thursday rebounded from the Covid crisis with a huge 2021 profit as oil and gas prices soared -- a performance that raised political hackles in an election year in France.

Nottingham Post

Excitement over plan to create hundreds of jobs at old Total Fuel site in Colwick

The fuel distribution depot was decommissioned in 2019

Radio France Internationale

France's Total and China's CNOOC to extract Uganda's Lake Albert oil reserves

French and Chinese oil companies signed a ten-billion-dollar deal on Tuesday to develop oil resources under Lake Albert in Uganda and build a pipeline to bring the oil though Tanzania. The plan is being criticised by environmental groups, who warn the pipeline will be devastating for wildlife and people along…

Birmingham Post

£25m deal completes for new Leeds industrial park

Total Developments has sold to ReAssure Ltd

InsideEVs

Could EV Fast Charging Be More Profitable Than Pumping Gas?

Oil companies BP, Shell and Total have been buying up assets in the EV charging value chain. Are they simply planning for the future or hoping to make bank?

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