French oil giant Total S.A. (NYSE: TOT ) has long offered one of the best dividend opportunities out of all of the so-called oil "supermajors," which were originally the six largest oil companies in the Western world.
Total seeks to sell stake in Azeri Shah Deniz gas field. Feb 28 2014, 11:47 ET. Total (TOT +1.8%) plans to sell its 10% stake in Azerbaijan's Shah Deniz II gas field, as lower Russian gas prices make investment in expensive new gas sources less attractive.
Gabon's government reportedly is looking to hit French oil firm Total (TOT +1.4%) with an $805M tax bill as it seeks to recoup cash from activities in the last decade, but TOT is hopeful it can resolve the dispute.
Total (TOT) reportedly has found oil with a wildcat well located a few miles east of the Heimdel field in the central North Sea; the preliminary estimate of the size of the discovery is 3.1M-6.3M barrels.