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The Latest Breaking News from Total

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

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

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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.

The Independent UK

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…

Asharq Al-Awsat

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.

Bangkok Post

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.

Radio France Internationale

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

The fuel distribution depot was decommissioned in 2019

Nottingham Post

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…

Radio France Internationale

£25m deal completes for new Leeds industrial park

Total Developments has sold to ReAssure Ltd

Birmingham Post

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?

InsideEVs

Australia's Woodside Petroleum pulls out of Myanmar projects

Australia’s Woodside Petroleum says it is withdrawing from projects in strife-torn Myanmar, following a similar decision by Total and Chevron

The Independent UK

Woodside Petroleum to pull out of Myanmar one year on from military coup

Australian fossil fuel giant follows Chevron and Total in exiting the country as military junta’s human rights abuses continue

The Guardian - AU

Impact of oil firms' exit from Myanmar limited

The exit of the energy giants TotalEnergies and Chevron from Myanmar’s billion-dollar gas industry has been hailed by rights groups, but analysts say it will not significantly weaken the generals and may even enrich the military in the short term.

Bangkok Post

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Al Jazeera

Oil giants Total, Chevron to leave Myanmar citing human rights

Total cited ‘worsening’ human rights situation after the country’s military seized power in a coup last year.

The Guardian - UK

Chevron and Total withdraw from Myanmar gas project

French energy firm cites worsening human rights for decision in victory for campaigners

Radio France Internationale

French power giant TotalEnergies to pull out of Myanmar over human rights abuses

TotalEnergies, one of the world's largest energy conglomerates, says it is stopping its operations in Myanmar, citing "worsening" human rights abuses since last year's coup. The announcement, on Friday, was quickly followed by a similar promise from US energy giant Chevron.

Bangkok Post

Two oil majors to exit Myanmar

The oil majors TotalEnergies and Chevron Corp, partners in a major gas project in Myanmar, have decided to withdraw from the country, they said on Friday, citing the worsening humanitarian situation following last year’s coup.

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The Independent UK

Chevron, Total exit Myanmar over deteriorating conditions

TotalEnergies, one of the world’s largest energy conglomerates, says it's stopping all operations in Myanmar, citing rampant human rights abuses and deteriorating rule of law since the country’s military overthrew the government

TechRadar

Identity Guard review

Identity Guard does offer some unique features but its website left us wanting more.

The Independent UK

French energy giant Total joins push for Myanmar sanctions

French energy conglomerate TotalEnergies has asked the American and French governments to support targeted sanctions against Myanmar’s oil and gas funds

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