Trends - Total - Business Recorder

Total

Shell, Total, BP take stakes in UAE gas project

DUBAI: Energy majors TotalEnergies, Shell and BP will each take a 10 percent stake in a liquefied natural gas...

Published 10 Jul, 2024 06:45pm

Markets

France’s Total eyes $6bn in Nigeria investment

ABUJA: French energy giant Total is ready to invest $6 billion (5.5 billion euro) over several years in Nigeria’s...

Published 19 Dec, 2023 12:45pm

Markets

Iraq's $27bn Total deal stuck over contract wrangling

BASRA/LONDON: A $27-billion deal between France's Total and Iraq, that Baghdad hoped would reverse the exit of oil...

Published 14 Feb, 2022 04:00pm

Pakistan

PSO, Shell Pakistan, Total stations to remain open today

ISLAMABAD: The Petroleum Division, on Wednesday, stated that petrol stations owned by oil marketing companies (OMCs)...

Published 25 Nov, 2021 03:53am

Business & Finance

We're TotalEnergies: French oil major gets green rebrand

Campaigners say transition too slow.
IEA has said new fossil fuel projects need to stop this year.
Rebranding takes immediate effect.

Published 28 May, 2021 05:32pm

Qatar pivots to LNG-hungry China in strategy shift

SINGAPORE/BEIJING: Qatar is in talks to make Chinese firms partners in its liquefied natural gas expansion project,...

Published 13 May, 2021 03:10am

Business & Finance

Nigeria's NNPC finalises new crude-for-fuel swaps for one year

The list includes major Swiss trading firms Trafigura, Vitol and Mercuria, oil major Total as well as large Nigerian traders Sahara Energy, Oando and MRS Oil.
The contracts, known as direct sale, direct purchase (DSDP) are coveted since they are used to supply nearly all of Nigeria's gasoline needs as well as cover some of its diesel and jet fuel consumption.

Published 12 May, 2021 07:37pm

Business & Finance

French energy group Total estimates at least one year of delays to Mozambique project

Earlier this week, Total declared force majeure on its $20 billion liquefied natural gas (LNG) project in Mozambique and confirmed it had withdrawn all staff from the construction site following insurgent attacks last month.

Published 29 Apr, 2021 04:46pm

Business & Finance

Total declares force majeure on Mozambique LNG after insurgent attacks

Force majeure follows Islamic State-linked attacks in March.
Total, Exxon and others have projects in Mozambique.
Mozambique was hoping to rival Qatar and Australian LNG.

Published 26 Apr, 2021 06:11pm

Markets

Total postpones South Africa drilling application, consultancy letter says

An official at SLR Consulting confirmed the authenticity of the letter but did not disclose reasons for the delay.

Published 14 Apr, 2021 02:33pm

Markets

Total to continue gas production in coup-hit Myanmar

He said Total had decided not to put the taxes into an escrow account saying it could put local managers at risk of being arrested and imprisoned.

Updated 04 Apr, 2021 05:48pm

Business & Finance

France's Total pulls staff from natural gas site in Mozambique amid clashes

Total, which last week called off a planned resumption of construction at the $20 billion development due to the violence, declined immediate comment when contacted by Reuters.

Published 02 Apr, 2021 09:48pm

Business & Finance

Iraq signs agreement with Total for four energy projects

Total to construct gas plant, seawater project.
To develop Artawi oilfield.
multi-billion-dollar investment.

Published 29 Mar, 2021 08:57pm

Markets

Uganda expects to begin work on oil pipeline with Total 'shortly' after March FID

We expect construction of the pipeline to start shortly after we have finalised FIDs, and we expect to conclude the FIDs by the end of March.
We are in the final stages of negotiating a shareholders agreement" for the pipeline.

Published 25 Feb, 2021 06:14pm

World

France's Total says it is concerned about Myanmar situation

The Business & Human Rights Resource Centre, a group that promotes human rights in business and tracks human rights policy of thousands of companies.
At this time, we are closely following the current situation in the country and working to ensure the health, safety and security of our employees and our contractors.

Published 19 Feb, 2021 07:44pm

Business & Finance

Qatar Petroleum signs deal for mega-LNG expansion

"We estimate it will have over 75 million mtpa of uncontracted LNG volume to sell by 2027, around 70% of its LNG portfolio," he said.

Published 09 Feb, 2021 11:25am

Business & Finance

RWE, Total, BP among winners in UK offshore wind farm auction

Auction was "highly contested race" – Bernstein.
RWE says price it was awarded was lowest in auction.
BP teams up with Germany's EnBW.

Published 08 Feb, 2021 07:04pm

Markets

Energy group Total and Macquarie unit win UK offshore wind project deal

Total and GIG said the project could deliver up to 1.5 gigawatts (GW) of renewable electricity and represents a significant early stage investment in the Boffshore wind sector for both companies.

Published 08 Feb, 2021 01:05pm

Business & Finance

Nigeria negotiates terms with Big Oil to keep investments

Nigeria is Africa's top oil exporter.
Companies need attractive terms to invest – Kyari.
Oil majors are cutting spending worldwide.
NNPC seeking $2 bln in pre-finance for Warri, Kaduna refineries.

Published 05 Feb, 2021 08:12pm

Business & Finance

France's Total extends US solar portfolio in renewables rush

It aims to add some 10 GW in renewable energy production capacity a year and to reach 35 GW by 2025.
The group is now developing close to 4 GW of renewable energy capacity in the United States.

Published 05 Feb, 2021 06:43pm

World

France’s Total takes stake in India’s Adani

PARIS: French oil giant Total said Monday that it would pay $2.5 billion for a 20 percent stake in India’s Adani...

Updated 19 Jan, 2021 04:43am

Markets

Total spurs renewables drive with $2.5bn stake in India's Adani Green

French group cutting reliance on oil.
Total to get 20% stake in Adani Green Energy Limited.
It will also have 50% share of AGEL's solar power assets.

Published 18 Jan, 2021 05:05pm

Business & Finance

Total quits top US oil lobby over climate policies

Total says will not renew membership of API.
French firm's policies only "partially align" with API.
Total, BP, Shell already quit US refining group.

Published 15 Jan, 2021 08:26pm

Business & Finance

France's Total quits top US oil lobby over climate policies

Total said in a statement that it will not renew its 2021 membership with the API following a review of the lobby's positions which were "partially aligned" with Total's.
hose include API's support for the rollback of US regulation on emissions of methane.

Published 15 Jan, 2021 07:06pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 22	278.92
USD PKR Interbank Buying / Jan 22	278.72
USD to Japanese Yen / Jan 22	155.66
USD to Swiss Franc / Jan 22	0.91
Pound Sterling to USD / Jan 22	1.23
Euro to USD / Jan 22	1.04

Stock	Volume
S&P 500 / Jan 21	6,049.24
Nasdaq / Jan 21	19,756.78
Dow Jones / Jan 21	44,025.81
India Sensex / Jan 22	76,197.90
Tokyo Nikkei / Jan 22	39,646.25
Hang Seng / Jan 22	19,778.77
FTSE 100 / Jan 22	8,579.82
Germany DAX 30 / Jan 22	21,258.81

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 21	18,485
Gold 10 Grams PKR / Jan 21	242,798
Petrol/Litre / Jan 22	256.13
Crude Oil USD/Barrel / Jan 22	75.52
Gold Spot USD/Ounce / Jan 22	2,751.94
Diesel/Litre / Jan 22	260.95

Gainers
Losers
Leaders

Stock	Price
Apna Microfin. / Jan 22 Apna Microfinance Bank Limited(AMBL)	10.49 ▲ 0.96 (10.07%)
Leather Up Ltd. / Jan 22 Leather Up Limited(LEUL)	27.57 ▲ 2.51 (10.02%)
Jah.Sidd. Co. / Jan 22 Jahangir Siddiqui & Co. Ltd.(JSCL)	24.29 ▲ 2.21 (10.01%)
Pak Elektron (Pref) / Jan 22 Pak Elektron Limited (Preference)(PELPS)	14.94 ▲ 1.36 (10.01%)
Ashfaq Textile / Jan 22 Ashfaq Textile Mills Limited(ASHT)	15.51 ▲ 1.41 (10.00%)
Crescent Cotton / Jan 22 Crescent Cotton Mills Limited(CCM)	54.45 ▲ 4.95 (10.00%)
Fecto Cement / Jan 22 Fecto Cement Limited(FECTC)	116.40 ▲ 10.58 (10.00%)
Fateh Sports / Jan 22 Fateh Sports Wear Limited(FSWL)	86.43 ▲ 7.86 (10.00%)
Pak Engineering / Jan 22 Pakistan Engineering Company Limited(PECO)	738.34 ▲ 67.12 (10.00%)

Stock	Price
First Capital Equities / Jan 22 First Capital Equities Limited(FCEL)	5.30 ▼ -0.70 (-11.67%)
Nagina Cot. / Jan 22 Nagina Cotton Mills Limited(NAGC)	49.95 ▼ -5.55 (-10.00%)
Zahid Jee Textile / Jan 22 Zahidjee Textile Mills Limited(ZAHID)	27.21 ▼ -3.00 (-9.93%)
Gulistan Sp. / Jan 22 Gulistan Spinning Mills Limited(GUSM)	11.58 ▼ -1.26 (-9.81%)
TPL Life Insur. / Jan 22 TPL Life Insurance Limited(TPLL)	51 ▼ -5.50 (-9.73%)
Masood Textile / Jan 22 Masood Textile Mills Limited(MSOT)	49.05 ▼ -5.27 (-9.70%)
Karam Ceramics / Jan 22 Karam Ceramics Limited(KCL)	55.98 ▼ -5.92 (-9.56%)
Mari Energies / Jan 22 Mari Energies Limited(MARI)	598 ▼ -61.53 (-9.33%)
Hala Enterprise / Jan 22 Hala Enterprises Limited(HAEL)	12.10 ▼ -1.21 (-9.09%)

Stock	Volume
Cnergyico PK / Jan 22 Cnergyico PK Limited(CNERGY)	114,034,653 ▲ 0.04
WorldCall Telecom / Jan 22 Worldcall Telecom Limited(WTL)	99,158,485 ▼ -0.07
Fauji Cement / Jan 22 Fauji Cement Company Limited(FCCL)	83,500,175 ▲ 3.03
Bank Makramah / Jan 22 Bank Makramah Limited(BML)	69,476,357 ▲ 0.02
Citi Pharma Ltd / Jan 22 Citi Pharma Ltd.(CPHL)	23,402,152 ▲ 3.23
Lotte Chemical / Jan 22 Lotte Chemical Pakistan Limited(LOTCHEM)	23,042,045 ▼ -0.08
Ghani Chem. Ind. / Jan 22 Ghani Chemical Industries Limited(GCIL)	21,938,589 ▲ 1.04
Power Cement / Jan 22 Power Cement Limited(POWER)	21,682,567 ▲ 0.10
Fauji Foods Ltd / Jan 22 Fauji Foods Limited(FFL)	18,601,390 ▼ -0.41

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