Items Tagged with 'total'

ARTICLES

Total Takes Nearly One-Quarter Stake in LNG Developer Tellurian

Tellurian Investments Inc. has attracted another investor to its mid-scale Driftwood LNG terminal proposed for Louisiana with the addition of France's Total. Total is acquiring a 23% stake in Tellurian at $5.85/share for $207 million, further signaling a rising interest in LNG among major producers, analysts said.

Read More

Total to Take Over Barnett From Chesapeake in Preemptive Strike

French oil major Total SA has exercised its preferential rights to leapfrog over a prospective buyer and become sole owner and operator of the Barnett Shale leasehold it has co-owned with Chesapeake Energy Corp. since 2009. Meanwhile, Chesapeake is boosting its annual production growth target -- even with the Barnett sale -- and forecasting cash flow neutrality in 2018. Read More

Total Challenges FERC Jurisdiction Over Manipulation Charges in Federal Court

Total Gas & Power North America Inc. has taken its defense against a recent FERC enforcement staff allegation of three years of natural gas trading manipulation in the Southwest to a federal district court in Texas. The Total SA unit contends the federal courts are the only place where alleged violations of the federal Natural Gas Act can be sorted out. Read More