Total, through its affiliate Saft, and PSA with Opel, announced their plan to combine their know-how to develop EV battery manufacturing activity in Europe. To this end, the partners intend to establish a joint venture named Automotive Cell Company (ACC).
The Daesan integrated refining and petrochemicals complex has begun its new ethylene production capacities in South Korea. Now, the complex can produce 1.4 million tonnes per year of ethylene, an increase of 30 %.
Total has signed an agreement with Toshiba to take over its portfolio of liquefied natural gas (LNG). It includes a 20-year tolling agreement for 2.2 million tonnes per annum (Mtpa) of LNG from Freeport LNG train 3 in Texas.
Der chinesische Automobilhersteller Great Wall Motor beteiligt sich am Joint Venture H2 Mobility. Damit arbeiten sieben Unternehmen daran, ein flächendeckendes Netz von Wasserstoff-Tankstellen aufzubauen.
Bayport Polymers, a 50/50 joint venture of Total, Borealis and Nova Chemicals, announced the final investment decision to build a 625,000-ton-per-year polyethylene unit at its production site in Bayport, Texas.
Ineos Styrolution has signed an acquisition agreement with Total for two polystyrene (PS) production sites in China. The deal includes the purchase of the wholly owned Chinese PS business including two production sites in Ningbo and Foshan and two related offices in Guangzhou and Shanghai.
Total announced the opening of the first offshore production well at the Ichthys LNG Project. At full capacity, the offshore facilities are expected to produce 1,600 mmscfd of gas (285,000 barrels of oil equivalent per day) and 85,000 barrels of condensate per day.
Total has signed an agreement with KKR-Energas to acquire its two gas-fired combined cycle power plants (CCGT) in the North and East of France, which represent an electricity generation capacity of approximately 825 megawatts (MW).
Tellurian is seeking investors to pay a total of $ 12 billion up front to fund the proposed Driftwood LNG export terminal in Louisiana. In return, they get a stake in the project and the ability to buy fuel at cost moving forward, with no markup based on a changing marketplace.