Total Share Discussion Threads

[waldron] 14/3/2018 17:40

BP
464.75 -1.95%



Shell A
2,211.5 -0.94%



Shell B
2,230 -1.00%


Total
47.03 +0.32%


funny old day

SHELL DOES NOT HAVE A CARE IN THE WELL

TOTAL HAS IRAN AND THE ARAB WORLD

BP JUST HAS RUSSIA ,BUT IS TOTAL ANS SHELL IMMUNE

[waldron] 14/3/2018 13:40

BP
471.35 -0.56%



Shell A
2,226 -0.29%



Shell B
2,248.5 -0.18%



Total
47.34 +0.98%

[the grumpy old men] 14/3/2018 11:34

The 4th International LNG Congress

BGS Group is organizing a series of closed-door events in energy segment. The 4th International LNG Congress is dedicated to the LNG market outlook, new projects overview and a number of case-studies will be presented.


[UKPRwire, Wed Mar 14 2018] The 4th International LNG Congress takes place in Berlin, Germany on the 4-5th of June 2018. The Congress comprises a business program and a focus exhibition area for Gas Majors, EPCs, Ports/Port Authorities/Canals and Fleet Owners to be presented.

The business program starts with the plenary session dedicated to the LNG market outlook, new projects overview and German LNG network outlook. Large and small scale LNG conducted as parallel sessions will be divided into technical and business streams. Issues of pricing and trading; shipping and transportation; distribution will also be covered by leading companies.

Among already confirmed speakers and topics there are such as:
Rob Stassen (Business Development Manager at Shell) - Making Marine LNG available on a global scale
Guillaume Gelin (Head of Product Development (LNG as Fuel Division) at GTT) - From Large to Small Scale mastering the operations
Naoko Kato (Deputy Director for Oil and Gas Division at Ministry of Economy, Trade and Industry (METI)) - Global LNG market outlook from the Japan's perspective.
Patrick Dugas (Head of LNG Trading at Total)
Giuseppe Bernardelli (LNG & Power Business Development Director Flow Europe at Emerson)
To cover the latest situation in Asian Pacific and Americas’ Markets there will be Round-tables organized. Only 30 people will have an opportunity to listen to the reports form LNG importers & exporters and take part in the discussions. All the seats are available according to the invitations.
The exhibition area consists of 30 stands. The exhibition package requires that the exhibitor company only sends a draft and the organisers print and install the banner at the venue of the Congress.

One notable feature of the Congress is pre-scheduled B2B meetings: speakers and sponsors choose (before the Congress) a set of other companies with whom they want to talk. These meetings are further organized by a personal manager during the Congress. According to testimonials, it’s far more fruitful in comparison with usual networking in corridors.

[ariane] 13/3/2018 11:57

By Johann Corric


Posted on 13/03/2018 at 12:13 pm -
Update
the 13/03/2018 at 12:13


The oil giant climbed more than 1.80% on the stock market
late morning, boosted by a broker's note. Barclays analysts
have raised their opinion on the title of "keep" to "buy". Total a
also announced developments in the field of natural gas.

The group headed by Patrick Pouyanné deserves better on the stock market.


This is the opinion of Lydia Rainforth and her team
of Barclays analysts. She just took her advice on the action
from "keep" to "buy" with a price target increased by 5%, to
60 euros, offering upside potential of 27% over the current price of the
Total title.

According to the specialist, the tanker
French should take full advantage, over the next few years, of
its strong roots in the Middle East and the quality of the relations it has
woven in the region. This area weighs 20% of the production of
oil and gas group, which is twice as much as
the exposure of other European oil companies (BP and
Shell).

Potential in the Middle East

Lydia Rainforth has identified a specific scope within which Total
could surprise positively: that of the Middle Eastern deposits
in which the French holds a participation without being an operator
(in charge of operational management).




NEWS

These resources, operated by local national companies, do not
are not yet exploited with the highest levels of productivity in
force in the industry. But according to the analyst, this delay is happening
to be caught.

Most of the gains related to this evolution will be captured by
Crown corporations but Total should benefit substantially.
The Barclays specialist believes that this could represent
up to $ 1 billion in additional savings by 2021.

This element reinforces the growth profile of the French group.
Lydia Rainforth and her colleagues believe that Total "is entering a
a new phase of growth in its cash flow and its
production".

By 2020, the cash flow generated by the company "could
exceed its current level by 30% and the rise in production
"Would exceed the 20% growth expected on average for peers"
on 2018-2020.

March 13 late in the morning, Total shares rose 1.86% to the Paris Bourse, 47.45 euros, being among the largest increases in the CAC 40 index.

Movements in the gas

On Tuesday, the tanker also announced that he was going
"Build and operate the largest station in France exclusively
devoted to natural gas for vehicles ".

It will be located at the heart of the logistics platform of the port of
Gennevilliers (Hauts-de-Seine), presented as the second fluvial port
from Europe, and will be able to simultaneously supply four heavy goods vehicles, 24
hours out of 24.

Finally, according to Les Echos, Total would have agreed to sell its
10% stake in the Dunkirk LNG terminal, one year
only after commissioning. According to the newspaper,
Petroleum would have rallied to the position of EDF, 65% shareholder, who wants to sell its share.

The terminal would be valued 2 billion euros. This movement is going to
downturn of Total's recent movements in the sector, including the last
in the vehicle gas. In November 2017, it also announced the acquisition of Engie's assets in the upstream LNG.

[sarkasm] 13/3/2018 11:01

PARIS (Agefi-Dow Jones) - Barclays Bank raised its recommendation on Total (FP.FR) from "online weighting" to "overweight" and increased its price target from 57 to 60 euros. "We see Total entering a new phase of growth over the next three years, both in terms of cash flow and production, and we expect the group to end the year 2020 with a higher cash flow. This pogression will also be higher than the 20% growth we expect for its rivals, "write Barclays analysts. The bank also estimates that Total could indirectly benefit from the cost reductions made by national oil companies in the Middle East region, where Barclays accounts for around 20% of total production. The bank estimates that the French group could achieve savings of up to $ 1 billion by 2021. The Total share gained 1.77% to 47.42 euros. ([e-mail]) ed: VLV

[la forge] 12/3/2018 13:00

1134/5000
TOTAL: Low risk in the medium term
TEC on 12/03/2018 at 08:13
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TOTAL: Low risk in the medium term

SYNTHESIS

The MACD is negative, but it is above its signal line: the trend is changing. Now, the MACD must cross zero so that the rise will continue in the days to come. The RSI is above 50, this confirms a good orientation of the title. Stochastic indicators do not give clear signals for the coming days. The traded volumes are below average volumes over the last 10 days.

MOVEMENTS AND LEVELS

From the lowest at EUR 44.71, the stock is in the technical recovery phase towards its 50-day moving average at EUR 46.7: the price behavior at this level will allow the continuation of the movement over the medium term. To ease the position, we can wait to test the short-term resistance at 48.29 EUR and 48.97 EUR. The media is 44.19 EUR then 43.51 EUR.
Last class: 46.46
Support: 44.19 / 43.51
Resistance: 48.29 / 48.97
Short term opinion: neutral
Medium term opinion: negative

[grupo] 11/3/2018 20:09

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Total boss bets on Mideast oil as big rivals favour US
March 11 2018 10:08 PM
Business
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Pouyanne: Ready to take risks.
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Bloomberg/Paris

Patrick Pouyanne, the boss of Total SA, sees risks differently. The French oil giant became the first Western major to sign a deal with Iran following the end of sanctions, has added projects in Abu Dhabi and Qatar and Pouyanne said last week’s $450mn acquisition in Libya is one of his “best deals ever.” He is expanding in the region even as some of his biggest rivals focus on politically safer US shale.
“We’re ready to take risks,” Pouyanne said in a Bloomberg TV interview in Houston.
In a way, Total is only bedding down in a region that has been prolific for the company for years. Pouyanne is chasing some of the lowest cost barrels in the Middle East and Africa and picking up assets as other Western companies exit from countries that have been torn by war and strife for years.
But it is also a gamble. In Libya, Total is buying in an area that occasionally comes under attack. In Iran, its deal is at the mercy of US President Donald Trump renewing the sanctions waiver.
“There is a risk in Libya. We’re not naive,” he said. “Having access to this concession which has plenty of resources is a good bet for the future.”
Total became the first partner in a 40-year concession for Abu Dhabi’s largest onshore oil fields in 2015, while Royal Dutch Shell and Exxon Mobil Corp - which had also been in the country for decades - passed on the opportunity. The following year, the French company beat competitors including Shell to replace AP Moeller-Maersk in Qatar’s biggest oil field. Total is now also keen to keep its interest in offshore concessions in Abu Dhabi.
“Pouyanne has a high risk tolerance,” Helima Croft, commodities strategist at RBC Capital Markets and a former analyst at the Central Intelligence Agency, said in Houston.
Part of Pouyanne’s justification for expanding in politically risky countries could be the way Total sees future oil consumption playing out. While Shell and BP see it flattening out in the 2030s, Total forecasts years of growing demand.
Total and its European peers trace a large part of their historical success to gaining access to big and cheap oil deposits in the Middle East and Africa. Yet, the energy world has turned upside down in the last decade as new technology unlocks massive reserves in American shale rocks. The speed of the transition caught some of the oil behemoths flat-footed. Most, including Shell, are now looking to catch up.
Pouyanne doesn’t think Total really needs shale assets to grow. Middle Eastern barrels can be produced for as little as $5, he said. The price of drilling rights in the Permian, the biggest shale-oil field in the US, has increased as production soared.

[grupo] 09/3/2018 22:22

Statoil, Total, Shell prove precocious in weaning from oil
Cassandra Sweet
Friday, March 9, 2018 - 2:15am
Oil companies are responding in different ways to growing pressure to cut the carbon output of their operations and products.
ShutterstockMakhnach S
Oil companies are responding in different ways to growing pressure to cut the carbon output of their operations and products.

When it comes to addressing climate change, oil companies are all over the map.

Meeting this week in Houston at CERAWeek, the world’s biggest oil and gas conference, the world’s biggest oil companies talked about oil and climate change — sometimes in the same sentence.

But while European oil majors such as Statoil and Total spoke about their long-term plans to shift their focus away from oil, toward natural gas and renewable energy, in line with the global transition to a low-carbon economy, their American counterparts appeared less convinced that demand for oil will diminish in future decades.

Amid growing international concerns about climate change and extreme weather events, such as destructive hurricanes, wildfires and droughts that scientists have started linking to global warming, the oil industry is under increasing pressure from investors to take action by adding low-carbon products and services to their businesses.

"The big debate in the industry and among investors is: Is there a role for the (oil) industry to play in a low-carbon transition?" said Andrew Logan, director of oil and gas at Ceres. "Do they bring anything other than cash to the table? That’s very much an open question."

Is there a role for the oil industry to play in a low-carbon transition?

Total plans to shift its focus from oil to natural gas and to expand into electricity, including renewables such as solar power and battery storage, which the company is already invested in, said Patrick Pouyanné, the company’s chairman and chief executive.

"If we’re able to shift all the coal-fired power plants to gas-fired power plants, we would be immediately on the 2-degree roadmap that the Paris Agreement is calling for," he added, speaking at CERAWeek in a session that was webcast. "In 20 years, Total will be first a gas and oil company, with some assets in alternative energies."

In 20 years, Total will be first a gas and oil company, with some assets in alternative energies.

Statoil plans to shift as much as 20 percent of its capital investments into renewables and low-carbon products by 2030. The company has invested about $2.6 billion in renewables in the last several years, particularly in offshore wind farms.

Royal Dutch Shell plans to cut its carbon footprint in half by 2050 by expanding into renewable energy and scaling back growth in oil and gas.

Shell has the right idea, climate mitigation experts say.

Oil and gas companies must cut the carbon emissions intensity of their products by 40 percent to 60 percent by 2050, Cynthia Cummins, a climate expert at the World Resources Institute, wrote in February. The world can afford a limited amount of emissions to avoid a global temperature rise of more than 2 degrees Celsius, she added. That means that absolute carbon emissions from all global energy use needs to fall by 63 percent, and absolute emissions from oil and gas products must fall by 35 percent to 60 percent.

Some U.S. oil company executives who appeared at CERAWeek seemed skeptical of this scenario.

In ConocoPhillips' climate plan, the company describes plans to cut emissions from its operations, by boosting efficiency, plugging leaks and cutting back on gas flaring. But there is little mention of boosting investment in renewable energy, scaling back oil operations or taking other actions that would reduce the company's exposure to oil and petroleum products.

"We’ve never denied the science; we want to debate the policy," Ryan Lance, the company’s chairman and chief executive, said during an appearance at CERAWeek that was webcast. He added that the company plans to reduce its greenhouse-gas intensity over the next 15 to 20 years.

We’ve never denied the science, we want to debate the policy.

ExxonMobil in February acknowledged the threat of climate change, but predicted that global greenhouse-gas emissions will continue rising until 2040, as oil and natural gas is produced to meet more than half the world’s energy demand, with oil providing the largest share, due to strong demand from the commercial transportation and chemical industries.

Exxon released the information as part of a report on energy and carbon, in response to a shareholder resolution that sought climate disclosures about how technology advances and global climate change policies would affect the company.

Meanwhile, the pressure to change continues. Exxon and other oil companies are defending themselves in lawsuits brought by local and state governments that are making their way through the courts.

New York City, San Francisco and other cities are suing Chevron, ConocoPhillips, Exxon, Shell and BP to recover the costs of protecting their cities from climate change impacts such as rising sea levels that the cities argue are the result of decades of greenhouse gases from making and burning petroleum fuels.

New York state is separately suing Exxon over accusations that the company misled investors about how it accounts for climate change impacts on its business.

It’s unclear what effect the lawsuits might have. But policy changes in other parts of the world are sending a clear message.

Among the clearest was an announcement the World Bank made in December that it won’t finance any upstream oil and gas projects after 2019. Instead, the bank plans to focus on providing financing in "transformational areas" such as energy efficiency, solar power and resilience, as part of efforts to help countries meet their climate goals under the Paris Agreement.

[the grumpy old men] 08/3/2018 12:06

By acquiring Maersk Oil, Total becomes number two in the North Sea

Anthony Bondain, published on the 08/03/2018 at 12h16
By acquiring Maersk Oil, Total becomes number two in the North Sea
Photo credit © Total Media

(Boursier.com) - Total is officially the second largest oil operator in Northern Med, with the finalization of the acquisition of Maersk Oil, an operation that was announced last August. A.P. Moller-Maersk will receive the equivalent of $ 4.95 billion in Total shares, representing some 97.5 million shares, giving him 3.7% of the capital. The French major will take over $ 2.5 billion in debt from Maersk Oil.

The operation brings Total approximately 1 billion barrels of oil equivalent of reserves and resources 2P / 2C and an additional production of the order of 160,000 barrels of oil equivalent per day (boe / d) this year, expected to reach more than 200,000 bep / j in 2020. By this time, the French major will pump 500,000 boe / d in the North Sea. CEO Patrick Pouyanné speaks of "success in so many ways". It is particularly pleased with the acquisition of quality assets whose breakeven point is low. The good complementarity should generate $ 400 million in annual synergies. One of the consequences of the transaction is the migration of Total's regional headquarters in the North Sea to Copenhagen. The transaction has an immediate positive impact on Total's net income per share and cash flow per share.

In the North Sea, Maersk Oil holds 8.44% of Johan Sverdrup's giant oil field in Norway (planned start in 2019), as well as 49.99% of the Culzean gas field in the United Kingdom (planned start in 2019). and 31.2% of the Tyra gas field in Denmark (in production). In the United States, the new subsidiary owns 25% of the Jack field (50,000 boe / d) and holds in Algeria 12.25% of the El-Merk and Hassi Berkine fields (400,000 boe / d).

[waldron] 05/3/2018 13:05

This Morning's Research Reports on Oil and Gas Stocks -- Royal Dutch Shell, Statoil, TOTAL, and YPF Sociedad Anonima

News provided by
Wall St. Equities

06:45 ET

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NEW YORK, March 5, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on RDS-B, STO, TOT, and YPF which can be accessed for free by signing up to www.wallstequities.com/registration. Pre-market today, WallStEquities.com features the following stocks in the Major Integrated Oil and Gas space: Royal Dutch Shell PLC (NYSE: RDS-B), Statoil ASA (NYSE: STO), TOTAL S.A. (NYSE: TOT), and YPF Sociedad Anonima (NYSE: YPF). Vertically integrated oil and gas companies, otherwise known as the "majors," "big oil," or "super-majors," differ from the rest of the industry for the simple fact that their operations involve the integration of most or all aspects of the value chain—from exploration to marketing and retail. All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

Royal Dutch Shell

Last Friday, shares in The Hague, the Netherlands headquartered Royal Dutch Shell PLC ended the session 0.33% higher at $64.37. The stock recorded a trading volume of 2.38 million shares, which was above its three months average volume of 1.58 million shares. The Company's shares have advanced 16.02% over the past year. The stock is trading above its 200-day moving average by 4.13%. Furthermore, shares of the Company, which explores for crude oil and natural gas worldwide, have a Relative Strength Index (RSI) of 39.32.

On February 28th, 2018, Royal Dutch Shell announced that its capital consists of 4,597,136,050 A shares and 3,745,486,731 B shares, each with equal voting rights. The Company holds no ordinary shares in Treasury. The total number of A shares and B shares in issue is 8,342,622,781; and this figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under FCA's Disclosure Guidance and Transparency Rules. Get the full research report on RDS-B for free by clicking below at:

www.wallstequities.com/registration/?symbol=RDS-B

Statoil

Stavanger, Norway headquartered Statoil ASA's stock finished 0.22% higher at $22.69 with a total trading volume of 1.18 million shares. The Company's shares have gained 12.72% in the previous three months and 29.95% over the past year. The stock is trading above its 50-day and 200-day moving averages by 0.67% and 14.64%, respectively. Moreover, shares of Statoil, which explores for, produces, transports, refines, and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally, have an RSI of 51.26.

On February 13th, 2018, research firm Morgan Stanley upgraded the Company's stock rating from 'Underweight' to 'Equal-Weight'.

On February 20th, 2018, Statoil announced that the shares purchased by DNB on behalf of Statoil on February 15th, 2018, for use in the group's Share Saving Plan have been distributed that day to the employees in accordance with their savings amount. Following this, the share saving plan has 8,220,120 shares. Download our actionable research report on STO at:

www.wallstequities.com/registration/?symbol=STO

TOTAL

Shares in Courbevoie, France headquartered TOTAL S.A. closed the day 0.02% higher at $56.54. The stock recorded a trading volume of 945,405 shares. The Company's shares have gained 12.56% over the past year. The stock is trading above its 200-day moving average by 5.02%. Moreover, shares of TOTAL, which operates as an integrated oil and gas company worldwide, have an RSI of 48.08.

On February 13th, 2018, research firm Raymond James upgraded the Company's stock rating from 'Outperform' to 'Strong Buy'.

On February 19th, 2018, TOTAL, Borealis AG, and NOVA Chemicals Corporation announced that their affiliates have signed definitive agreements to form a joint venture in petrochemicals on the US Gulf Coast. The joint venture - in which TOTAL will own 50% and that Novealis Holdings LLC, a joint venture between Borealis and NOVA Chemicals, will own the remaining 50% - will commence subject to customary closing conditions, including receipt of regulatory approvals. Register for your free report coverage on TOT at:

www.wallstequities.com/registration/?symbol=TOT

[waldron] 05/3/2018 12:45

Total notifies Brussels of the acquisition of Engie's upstream LNG activities

Anthony Bondain, published on the 05/03/2018 at 12h30
Total notifies Brussels of the acquisition of Engie's upstream LNG activities
Photo credit © Total Media

(Boursier.com) - Total notified the European Commission on Friday, March 2, of its proposed acquisition of Engie's LNG business. The antitrust set 11 April as the deadline for the merger review. The oil major announced in November that it had signed an agreement to buy Engie's upstream LNG business for an enterprise value of $ 1.49 billion.

The portfolio includes interests in liquefaction plants, including the Cameron LNG project in the United States, long-term LNG purchase and sale agreements, a fleet of LNG tankers, and rights of way at terminals. regasification in Europe. Price supplements of up to $ 550 million would be paid by Total in the event of an improvement in the oil markets in the coming years. The finalization of this transaction should take place in mid-2018 and will have an effective date on January 1, 2018. Approximately 180 employees will be taken over by the purchaser. Total will become the second largest player in the sector among majors with 10% of the global market.

[grupo] 05/3/2018 08:37

Maersk's big oil exit comes with a US$1.2b ball-and-chain
Mon, Mar 05, 2018 - 3:52 PM

[COPENHAGEN] A.P. Moller-Maersk A/S is about to exit the Danish offshore oil industry that it created half a century ago. But for the next few decades, it will be stuck with a liability stemming from that business that's as big as US$1.2 billion.

Maersk on Friday won a key approval to sell its energy unit to Total S.A., with the Danish Energy Agency giving the green light to the US$8 billion deal. But the authority made it a condition that Maersk pay for the eventual decommissioning of North Sea infrastructure (such as platforms and pipes), if Total can't when the time comes.

While the risk is remote, the liability shows how deep Maersk's ties to Denmark's oil industry are. It founded the energy unit in 1962 when it obtained a 50-year exclusive contract to explore and produce oil in Denmark.

"It's a very theoretical cost, but nevertheless something that should be taken into account and it's definitely not a positive," Casper Blom, an equity analyst at ABG Sundal Collier, said by phone.

Maersk expects the Total deal to close this quarter. The company told Bloomberg the current US$1.2 billion estimate for Danish decommissioning provisions will fall when Total and the other license partners redevelop the Tyra gas field.
SEE ALSO: Bioplastics a hurdle to oil sector's plans to expand into plastics

"It should be noted that this 'residual liability' would only apply after many other protections had failed," Louise Muenter, a Maersk spokeswoman, said by email.

BLOOMBERG

[ariane] 03/3/2018 15:56

Total acquires a 16.33% stake in the Waha Concessions in Libya
By Oil and Gas Republic on Mar 3, 2018@ogrepublic

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Total, Borealis and NOVA Chemicals Forms a joint Venture
Paris – Total has acquired Marathon Oil Libya Limited which holds a 16,33% stake in the Waha Concessions in Libya. This acquisition will give Total access to reserves and resources in excess of 500 million barrels of oil equivalent, with immediate production of around 50.000 barrels of oil equivalent per day (boe/d) and a significant exploration potential across the area of 53.000 square kilometers covered by the Concessions in the prolific Sirte Basin. The consideration payment for the transaction is 450 million U.S. dollars.
“This acquisition is in line with Total’s strategy to reinforce its portfolio with high quality and low-technical cost assets whilst bolstering our historic strength in the Middle East and North Africa region,” said Patrick Pouyanné, Chairman and CEO of Total. “It builds on the Group’s long-term presence in Libya, a country with very large oil and gas resources, and demonstrates our commitment to continue supporting the recovering oil and gas industry of the country.”
The Waha Concessions currently produce around 300.000 boe/d. Thanks to the ongoing restart of the existing installations and the resumption of development drilling, the output is expected to ramp up and exceed 400.000 boe/d by the end of the decade.
The NOC (59.18%), Total (16.33%), ConocoPhillips (16.33%) and Hess (8.16%) jointly own the Waha Concessions. The Waha Oil Company, a 100% NOC owned entity, operates the asset.
Total in Libya
Total has been present in Libya since 1954. In 2017, the Group’s production was 31.500 boe/d. This production comes from the offshore Al Jurf field (Total, 37.5%) and the El Sharara onshore area (Total, 15% on block ex-NC 115 and 12% on Block ex-NC 186).
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