Oxy left holding Anadarko assets with Total excluded and Sonatrach cash-strapped
Although Sonatrach had exercised its right of pre-emption over the Algerian assets of Anadarko - acquired by Oxy and for which Total had made an offer - the boss of the state-owned oil company has had to face up to reality: [...]
How Patrick Pouyanné inadvertently led to Kamel-Eddine Chikhi's ousting from Sonatrach
Kamel-Eddine Chikhi only managed to hold on to the top seat at Sonatrach for just two short months. Behind his fleeting career at the top of the national oil firm lies a tug of war with the Algerian generals over [. [...]
Where are Total's dead zones and what are its golden tickets for Patrick Pouyanné?
There is little chance Total will be tucking into projects of any significance in Congo-B or Gabon in the near future and its Angolan is continuing to fall, pushing the French major to be far more risk-taking in new territories. [...]