Paris, France | Xinhua | French multinational energy and petroleum company TotalEnergies on Thursday said that its net income rose to 6.6 billion U.S. dollars in the third quarter of 2022, a year-on-year increase of 43 percent. In a press release, Patrick Pouyanne, chief executive officer (CEO) of TotalEnergies, said that …
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Kampala, Uganda | THE INDEPENDENT | Patrick Pouyanné, CEO of TotalEnergies says the current energy market disruptions have reinforced the necessity of dialogue on a global basis about the energy transition. Pouyanné in a statement said with the increased penetration of renewables globally, natural gas keeps a key role in the energy …
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Kampala, Uganda | THE INDEPENDENT | “D-Day means Day of Departure, and to us, its day of departure to work.” This is what the announcement of the Final Investment Decision on Tuesday means for the oil and gas joint venture companies, according to Total Energies Chairman and Chief Executive Patrick Pouyanné. …
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Mukono, Uganda | THE INDEPENDENT | The Uganda government and the French oil giant Total E&P have reached a major milestone that paves the way for a Final Investment Decision on the production of Uganda’s oil. This came during a meeting between President Yoweri Museveni and Patrick Pouyanné, Chairman and CEO …
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Paris, France | AFP | Total said Tuesday its quarterly profit fell by 99 percent because of dropping oil prices and announced it would slash investments in response to ongoing turmoil in crude markets. The French oil major reported a net profit of $34 million for the first quarter, against $3.1 billion a year earlier. …
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Kampala, Uganda | THE INDEPENDENT | The oil sector in 2019 was dotted with both sheds optimism and pessimism in equal measure. The year started with government pledge for transparency in the sector when it signed up to the Extractive Industries Transparency Initiative (EITI), much to the delight of civil …
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‘The man ready to teach Uganda a lesson’ Kampala, Uganda |THE INDEPENDENT | Details emerging following the recent failure of major oil companies to pressure the Uganda government to grant tax concessions before a crucial purchase and sale deal are casting the country as a “nightmare” for oil firms. And …
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Cape Town, South Africa | AFP | French energy giant Total unveiled Thursday a “significant” gas discovery off the coast of South Africa, an event that President Cyril Ramaphosa called a game-changer. The find could boost the nation’s struggling economy and reduce reliance on imports. “Total has made a significant …
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