Total SA

Ten companies on Thursday agreed to pay more than $2 billion for the exploration and production rights in 12 offshore oil blocks in Brazil, in what could be a promising sign for even bigger upcoming oil auctions.

France's Total SA <TOTF.PA>, the big winner in a Brazilian auction of offshore oil concessions on Thursday, said it will not participate in a bigger auction scheduled for Nov. 6 of the so-called Transfer of Rights area in Brazil's pre-salt region.

France's Total SA , the big winner in a Brazilian auction of offshore oil concessions on Thursday, said it will not participate in a bigger auction scheduled for Nov. 6 of the so-called Transfer of Rights area in Brazil's pre-salt region.

Fourteen companies have been officially approved by Brazilian authorities to participate in an oil bidding round in November, in which total signing bonuses are expected to be the biggest so far, exceeding $25 billion, national oil regulator ANP said on Monday.

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French energy group Total SA said it had started production at the expanded ethylene capacity at its plant in Daesan, South Korea, creating higher output to meet growing global petrochemical demand.

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Papua New Guinea's opposition leader, Patrick Pruaitch, on Friday pressed the nation's prime minister to back a gas deal with France's Total SA rather than seek changes and delay a $13 billion expansion of the country's gas exports.

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Qatar Petroleum said on Monday it had agreed a deal with Total SA to acquire a stake in the French firm's two oil and gas blocks offshore Guyana, but the South American country's government said it was still reviewing the deal.

Total SA Chief Executive Patrick Pouyanne on Thursday urged Papua New Guinea's government to respect a gas agreement signed in May after the country's petroleum minister suggested the deal could be modified.

Total SA Chief Executive Patrick Pouyanne on Thursday urged Papua New Guinea's government to respect a gas agreement signed in May after the country's petroleum minister suggested the deal could be modified.

U.S. liquefied natural gas (LNG) developer Tellurian Inc said on Wednesday that units of French oil major Total SA have agreed to buy LNG from the U.S. company's proposed $30 billion Driftwood export project in Louisiana.

Papua New Guinea's new treasurer on Wednesday put Total SA, Exxon Mobil Corp , Newcrest Mining and their partners on notice that the country wants to extract more benefits from their gas and mining projects.

French oil major Total SA said on Thursday it would cut 200 jobs in Denmark as part of the redevelopment of the Tyra gas fields in the North Sea.

French oil major Total SA said on Thursday it would cut 200 jobs in Denmark as part of the redevelopment of the Tyra gas field in the North Sea.

French energy giant Total SA is close to acquiring a 30% stake in Indian gas distribution company Adani Gas for upwards of rupees 5,500 crore ($800 million), the Times of India reported on Friday.

French energy group Total said it had launched the second phase of development for the Mero project off the coast of Brazil, along with its partners, as the deep offshore oil project moves closer to getting off the ground.

French energy group Total said it had launched the second phase of development for the Mero project off the coast of Brazil, along with its partners, as the giant oil project moves closer to getting off the ground.