Items Tagged with 'total'


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.

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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