Total Share Discussion Threads

[waldron] 11/9/2017 09:50

TOTAL: The movement remains bullish
TEC on 11/09/2017 at 08:26
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TOTAL: The movement remains bullish

SYNTHESIS

The MACD is positive and superior to its signal line. This configuration confirms the correct orientation of the title. It can be seen that the upside potential of the IHR is not exhausted. Stochastic, for their part, are in the overbought zone, a correction is likely in the short term. Volumes traded are above average volumes over the last 10 days.

MOVEMENTS AND LEVELS

The title is upward. It is above its moving average 50 days. The 20-day moving average is above the 50-day moving average. The support is at 42.88 EUR, then at 42.39 EUR and the resistance is at 45.78 EUR, and at 46.27 EUR.
Last course: 43.99
Support: 42.88 / 42.39
Resistance: 45.78 / 46.27
Short term: positive
Medium term opinion: positive

[happyholder123] 09/9/2017 11:36

HNR -
TWO wells successfully drilled with abundant oil and gas in samples extracted!
Fracking and FIRST OIL next month!
Don't miss this train!

[ariane] 07/9/2017 08:32

Santos, Partners Agree to Sell More Gas to Local Australian Market
07/09/2017 2:35am
Dow Jones News

Total (EU:FP-EUR)
Intraday Stock Chart

Today : Thursday 7 September 2017
Click Here for more Total Charts.

By Robb M. Stewart


MELBOURNE, Australia--Santos Ltd. (STO.AU) and its partners in a big gas-export plant have agreed to pump more of the fuel into Australia's east-coast market as the country's energy industry scrambles to avoid export curbs.

The oil-and gas company said that it and the GLNG venture would sell 30 petajoules of natural gas to power companies and other customers over 2018 and 2019, enough to power 330,000 homes over that period. The gas would otherwise have been exported as liquefied natural gas.

It follows a recent move by Santos to deliver up to 72 petajoules of gas over four years into the southeastern market, through a gas-swap deal, and a deal to sell 15 petajoules to the Pelican Point power station in South Australia state.

The company had been working with the federal government and the GLNG partners over the last few months to lift gas supplies to the domestic market, Santos Chief Executive Kevin Gallagher said.

GLNG and two other big LNG plants on the coast of Queensland state have been targeted by Prime Minister Malcolm Turnbull's government, which earlier this year introduced fresh powers to restrict exports if a gas shortfall looms along the eastern seaboard. Local prices of natural gas have jumped and supplies have been increasingly tight in recent years as the plants have begun producing, shipping volumes of chilled gas to markets in Asia.

"It is further proof of our readiness to work with our partners in responding to market dynamics and meeting local gas demand," Mr. Gallagher said.

The US$18.5 billion GLNG operation counts France's Total SA (TOT) and Malaysia's Petroliam Nasional Bhd. among its partners, converting methane gas buried in seams of coal into LNG. It sits on Curtis Island in northeast Queensland next to plant led by Royal Dutch Shell PLC (RDSA) and the Australia Pacific LNG project that includes Origin Energy Ltd. (ORG.AU), ConocoPhillips (COP) and Sinopec.



Write to Robb M. Stewart at [e-mail]



(END) Dow Jones Newswires

September 06, 2017 21:20 ET (01:20 GMT)

[waldron] 06/9/2017 14:07

Unplanned outage at Laggan Tormore UK natural gas field: Total

London (Platts)--6 Sep 2017 857 am EDT/1257 GMT

Natural gas production on the UK Continental Shelf looked set to be lower than anticipated mid-week on the back of an unplanned outage at the Laggan Tormore gas field, operator Total said Wednesday.

Total said an "unplanned offshore flow stop" will reduce production from midday (1100 GMT) Wednesday until 5 am Thursday, with "normal rates expected for gas day September 7."

The technical capacity of Laggan Tormore, listed as 11.7 million cu m/d, will be reduced to 6 million cu m/d for Wednesday's gas day, Total said.

Laggan Tormore, in the North Sea off Scotland's northwest coast, feeds gas into the St. Fergus NSMP receiving terminal, which was running at 23 million cu m/d at midday compared with the 29 million cu m/d seen at the beginning of Wednesday's gas day.

--Gary Hornby, [e-mail]

--Edited by Dan Lalor, [e-mail]

[sarkasm] 05/9/2017 16:02

Iran expects unprecedented boom in oil industry in 2 years
today, 17:26Neftegaz.RU7

A senior official of NIOC said on September 3, 2017, that Iran's oil industry must expect an unprecedented boom given the eagerness of foreign companies to develop projects in the Middle Eastern oil-rich country and ongoing talks with them.



«My estimation is that within the next 2 years, the industry will witness an unprecedented boom,» said Amir Hossein Zamaninia, deputy petroleum minister for international affairs and trading.

Speaking to Shana, the official said Iran is in a good state given the political conditions and ongoing negotiations with foreign companies to develop oil/gas projects.



«Iran's oil industry is currently in its best possible state for attraction of finances; major companies are keen on investing in Iran and good negotiations are under way with them. I keep my fingers crossed that these talks will reach fruition.»





The Economic Resilience Headquarters has required NIOC to conclude at least 10 oil and energy deal by the end of the current Iranian calendar year to March 20.



Asked how far the company has progressed in this regard, the official said: «Talks are under way with foreign companies to ensure their return to Iran and many of the companies have submitted to NIOC their master development plans (MDP) for developing projects in Iran.»



Provided that the talks do progress in all sectors as intended by NIOC, their financial dimensions will not take too long given the fact that the company has already signed a deal with a consortium of Total, CNPC and Petropars for developing phase 11 of the supergiant South Pars gas field, he added.



«I cannot say which company will be next to Total and CNPC for signing deals with NIOC,» Zamaninia added, saying, however, that talks with Russian companies are going on well and will hopefully conclude within the next 2 or 3 months.

[grupo guitarlumber] 04/9/2017 19:40

U.K. North Sea Oil Field Startups Surge to 10-Year High
By Abigail Morris
4 septembre 2017 à 06:00 UTC+2 4 septembre 2017 à 12:39 UTC+2

New fields will pump as much as 230,000 b/d at peak in 2018
Longer-term outlook clouded by lack of investment amid slump

The U.K. North Sea is on track for the biggest year of oil and gas field startups in a decade, continuing the aging province’s surprising resilience to the crude-market slump.

Fourteen projects with combined peak production of 230,000 barrels of oil equivalent a day will start in the region this year, according to data from consultant Wood Mackenzie Ltd. That’s the most since 2007, reflecting the payoff from multi-year investments begun when oil prices were still over $100 a barrel.

“It’s really the fruits of a very high level of investment in the 2010 to 2014 period,” Mhairidh Evans, senior research analyst for North Sea upstream at Edinburgh-based Wood Mackenzie, said by phone.

After a long period of decline, production in the U.K. bounced back in recent years even as crude languished below $50. Executives gathering in the industry hub of Aberdeen, Scotland this week for the Offshore Europe conference will see reasons for both optimism and concern. Explorers are still making notable discoveries, while Total SA’s acquisition last month of A.P. Moller-Maersk A/S’s oil unit was a $7 billion vote of confidence in the region.

Still, the lack of investment since prices plunged weighs on the outlook beyond 2018. “Really 2017 is the last year of that tranche of projects” started when prices were high, said Evans.

Wood Mackenzie expects the U.K. continental shelf to pump about 1.9 million barrels equivalent a day of oil and gas on average in 2018, with production from the new fields this year accounting for as much as 12 percent of that total.

Brent crude, the global benchmark, traded at $52.34 a barrel as of 11:38 a.m. in London on Monday.
Kraken Released

Eight fields have already started up this year with an estimated peak production of 140,000 barrels of oil equivalent per day, Wood Mackenzie data show. Most recently, Total announced the start of its Edradour and Glenlivet fields in west of the Shetland Islands, which will add as much as 56,000 barrels of oil equivalent a day at their peak.

That followed on from Cairn Energy Plc’s Kraken field in June and BP Plc’s Quad 204 in May. Investors will be watching for Premier Oil Plc’s Catcher project, which the company expects to bring on-stream in December.

Next year, BP’s Clair Ridge project west of Shetland will further add to production, but the increase could stall beyond 2018 because fewer projects have been given the go-ahead since oil prices slumped in 2014.

The International Energy Agency, which advises industrialized countries on energy policy, sees U.K. oil output declining every year from 2019 to 2022.

“We urgently need to secure capital to bring new projects into the U.K. continental shelf to prevent the potential significant production decline that could occur post-2020,” said Mike Tholen, upstream policy director at industry lobby Oil & Gas U.K.

[the grumpy old men] 02/9/2017 09:43

25/09/17 | 10:00 Journée investisseur

[la forge] 30/8/2017 09:14

Shell Initiates Production From Gbaran-Ubie Phase 2 Project
August 29, 2017, 09:15:00 AM EDT By Zacks Equity Research, Zacks.com

Shutterstock photo

European oil giant Royal Dutch Shell plc 's RDS.A subsidiary The Shell Petroleum Development Company recently commenced production from the second phase of its key gas project, Gbaran-Ubie in Nigeria's Niger Delta region. The Phase 2 project is an expansion of the Phase 1 Gbaran-Ubie project which was commissioned in June 2010.

Between Kolo Creek and Soku, which connects the Gbaran-Ubie central processing facility to the Soku non-associated gas plant, till date 18 wells have been drilled and a new pipeline constructed.The facilities came online in July. The peak production capacity of the project is estimated to be 175,000 barrels of oil equivalent per day in 2019.

The project is a joint venture between the state-owned Nigerian National Petroleum Corporation, Total E&P Nigeria Ltd., subsidiary of TOTAL S.A. TOT , Nigerian Agip Oil Company Limited, subsidiary of Eni S.p.A. E , and Shell Petroleum Development. Shell Petroleum Development is the chef operator of the project with 30% stake. Nigerian National Petroleum, Total E&P Nigeria and Nigerian Agip Oil hold 55%, 10% and 5% interests in the project, respectively.

Shell, which boasts a strong and diversified portfolio of global energy businesses, started its operations in Nigeria in 1958. Plummeting oil prices along with rising militantism has lowered the production and revenues of the country and posed risk to Shell's operations in the region. However, the ongoing government peace talks have eased the situation to certain extent.

The development projects in Nigeria are expected to help volume growth and offer growth opportunities to Shell in the long run. The project is likely to boost oil output and enhance exports.

Nigeria currently produces1.7 million barrels of oil per day (Bpd) which is expected to rise to 2.2 million Bpd by 2018 and 4 million Bpd by 2020. In a bid to bolster its reserves, production and daily revenues, Nigeria is currently focusing on inking deals with foreign companies to develop oil fields. In August, Nigerian National Petroleum signed two development project deals with oil majors Chevron Corporation CVX and Shell. The projects are expected to generate revenues of around $16 billion within the assets' lifecycle. The increase in exploration activities will not only boost employment opportunities and gas supply but will also uplift the industrial capacity utilization of Nigeria.

While the deal with Shell will accelerate the upstream production of various oil fields in Niger Delta region, the deal with Chevron is expected to add 211 million barrels of oil and 1.9 trillion Cubic feet of gas to Nigerian reserves with a potential output of 30,000 b/d of oil equivalent. In late June, Nigerian National Petroleum inked a $700 million tripartite deal with First E&P and Schlumberger Limited to develop two shallow water fields which is likely to add 50,000 barrels of crude per day to Nigeria's output.

Zacks Rank

Headquartered in Netherlands, Shell is one of the largest integrated energy companies and is engaged in production, refining, distribution and marketing of oil and natural gas. The company currently carries a Zacks Rank #3(Hold). You can see the complete list of today's Zacks #1 (Strong Buy) Rank stocks here.

Shell's stock has gained around 2.5% year to date, substantially outperforming the 6% decline of the industry