Total becomes founding member of the new global alliance for plastic waste end
Total has become a founding member of the Alliance to End Plastic Waste, a coalition of global companies to advance solutions to help end plastic waste in the environment, especially in the ocean. They have committed over $1 billion with the goal of investing $1.5 billion over the next five years to help end plastic waste in the environment. Find out more about the alliance here.
Total in talks to sell North Sea oil, gas assets to private firms
Total is in advanced talks with privately owned firms Albion Energy and First Alpha Energy Capital on the sale of some of its British North Sea assets, two industry sources have said. In July, four banking sources told Reuters Total was set to sell a third of its stake in the Laggan Tormore gas field along with other oil and gas assets North Sea that could fetch a total of $1.5 billion.
Shell buys out Total’s 26% stake in Hazira LNG and Port
Shell has completed the acquisition of Gujarat-based Hazira LNG and Port Ventures from French energy major Total, the company said in a statement on Wednesday. Shell Gas, a subsidiary of Royal Dutch Shell plc, acquired 26% equity interest in the Hazira LNG and Port from Total, to complete the acquisition.
