Total ties up with India's Adani for LNG plants, fuel retail [Reuters]
TOTAL SA (TOT)
Last total sa earnings: 2/7 04:01 pm
Check Earnings Report
US:NYSE Investor Relations:
total.com/en/investors
Company Research
Source: Reuters
Total ties up with India's Adani for LNG plants, fuel retail | Reuters 3 Min Read (Reuters) - French oil major Total has signed a deal with Indian conglomerate Adani Group to re-enter the South Asian nation’s liquefied natural gas (LNG) market and build 1,500 retail service stations over the coming decade. In a joint statement, the two companies said they planned to develop multi-energy offerings, including LNG regasification terminals on the country’s east coast to meet growing demand for the cleaner-burning fuel. “India’s energy consumption will grow among the fastest of all major economies in the world over the next decade,” Patrick Pouyanné, Total chairman and CEO said in the statement. The deal comes as oil majors such as Saudi Aramco, Abu Dhabi National Oil Co (ADNOC) and Russia’s Rosneft have joined energy projects in India, drawn by expected rapid growth in fuel demand. OPEC estimates India will account for about 40 percent of the overall increase in global oil demand by 2040.
Show less
Read more
Impact Snapshot
Event Time:
TOT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TOT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TOT alerts
High impacting TOTAL SA news events
Weekly update
A roundup of the hottest topics