Total S.A.

Saudi Arabia has put a second four-percent chunk of shares of the Aramco oil giant, worth tens of billions of dollars, under the control of the country's sovereign wealth fund, state media said Sunday.    

State asset utilization fund TAIPED on Tuesday announced the signing of the share purchase agreement for the concession of a majority stake of 67% in the Igoumenitsa Port Authority's share capital for a total price of 84.17 million euros to the joint venture consisting of the companies Grimaldi Euromed SpA-Minoan Lines SA-Investment Construction Commercial and Industrial SA.

The licensing by Cyprus of Block 7 in its exclusive economic zone to a consortium made up of France's Total and Italy's Eni to prospect for hydrocarbons is seen as part of Nicosia's effort to shore up its sovereign rights in light of Turkey's illegal activities off its coast.

Cyprus has licensed a consortium made up of France's Total and Italy's Eni to search for hydrocarbons in another area that the east Mediterranean island nation has exclusive economic rights, the country's energy minister said Tuesday.

Total is committed to continuing its exploration work in Cyprus, Chief Executive Patrick Pouyanne told Reuters on Monday, part of a major exploration campaign for 2019 focused on areas known to contain commercial levels of oil and gas.

China's state-owned energy major CNPC has taken over the share in Iran's multi-billion dollar South Pars gas project held by France's Total, the Iranian state news agency IRNA reported on Aug. 11.

SOFIA (Bulgaria), July 27 (SeeNews) - Chinese energy company Sunpower Group said on Friday that its unit Shandong Yangguang Engineering Design Institute will design a biomass-fired power plant in Bulgaria, starting in August.

An official of French energy giant Total said on Monday that the company wants to expand its search for gas off the south coast of Cyprus.

A high-ranking official with Total says the French energy company is looking to expand its search for natural gas off Cyprus's south coast.

Chinese state-owned oil company CNPC will replace Total on a major gas field project in Iran if the French energy giant pulls out over renewed U.S. sanctions against Tehran, Iran's oil minister has said.