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Tag - TOTAL

There is enough oil in the market: Venezuela

Rahul Bhandari | Sep 10 2008

Unstable oil prices are dithering major economies as recently U.S. crude oil prices surged to record highs of $78.77 before falling to around $72. America urges OPEC to boost production to keep the tempo of oil prices stable, but Venezuela's oil..

Tags: Rafael Ramirez, OPEC, Oil, Venezuela, Chevron, BP, Total, Business

Gazprom and Total will drill oil at Shtokman

Rahul Bhandari | Sep 8 2008

Gazprom confirmed French energy major Total as its partner to develop the Shtokman natural gas field. Total will control 25 percent stake to finance, build and own the field's infrastructure. ConocoPhillips, Chevron, Statoil, and Norsk Hydro...

Tags: Gazprom, Total, Shtokman, ConocoPhillips, Chevron, Statoil, Nicolas Sarkozy, Vladimir Putin, Business

Kazakhstan warns to stop work on Kashagan offshore field

Rahul Bhandari | Sep 7 2008

The vicious side of global warming is apparent to all and most of the nations are pledged to take possible measures on it. Oil drillers are widely criticized and pressurized to minimize their proven role in it. After decades of environmentalists'...