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  • TOTAL (TOT) to Supply LNG to Chugoku Electric for 17 Years
    Zacks2 days ago

    TOTAL (TOT) to Supply LNG to Chugoku Electric for 17 Years

    TOTAL S.A. (TOT) has signed an agreement with Japan's Chugoku Electric for the supply of liquefied natural gas for a period of 17 years starting 2019.

  • Reuters3 days ago

    Oil Search bows to ExxonMobil in battle for InterOil

    Australia's Oil Search Ltd has cleared the way for ExxonMobil Corp to take over InterOil Corp for $2.2 billion, giving the U.S. giant access to a rich new gas field to expand its exports from Papua New Guinea. The move could lead ExxonMobil and French giant Total SA to tie together their competing gas interests in the South Pacific nation, cooperating to reduce costs as they battle cheap oil and liquefied natural gas (LNG) prices. Oil Search, backed by Total, had also bid for InterOil, but said on Thursday it would not raise its offer.