The Spanish government has indicated it would look favourably on Total taking over Repsol, Expansion cited sources close to discussions on the issue as saying.
Repsol
Total and Shell study buying Repsol stakes-paper
U.S.-Iran Thaw Hinges on Nuclear Discussions
France's Total SA pulled out of a $10 billion natural gas project last month to develop Iran's South Pars field, citing political risk. Royal Dutch Shell PLC and Spain's Repsol YPF have also pulled back from gas projects due to political pressure.
Repsol stirs Spanish passions for new energy game
Like Shell, Repsol was forced a couple of years ago to restate and write down its oil reserves by as much as a quarter.
Lorry drivers protest: New oil price record fuels hauliers’ anger
The BP chief, Tony Hayward, said it was a "myth" that financial investors buying oil futures were behind the four-year rally.
Venezuela to snub Saudi Arabia over call for Opec summit
Among those expected to attend are the chief executives of the world's eight largest international oil companies by market capitalisation - ExxonMobil, Royal Dutch Shell, BP, Chevron, Total, ConocoPhillips, Eni and Repsol.
Oil Majors Say U.S. Restrictions Delay Iran Projects
Despite an urgent need to replenish reserves, Anglo-Dutch oil giant Royal Dutch Shell PLC and Spanish-Argentine Repsol YPF said they wouldn't sign a $10 billion contract to enter South Pars, the Iranian side of a giant natural-gas field shared with Qatar. Instead, the two oil giants are considering entering later phases of the project.
Petronas backs Santos LNG project
Groups that had expressed an interest in the Gladstone project included Royal Dutch Shell, ConocoPhillips of the US, Eni of Italy, Repsol of Spain, andSempra, owner of the largest US natural gas utility.
Royal Dutch Shell pulled out of one of Iran’s biggest gas projects, dealing a blow to Tehran
Financial Times: The Week
By Stanley Pignal
Published: May 17 2008 03:00 | Last updated: May 17 2008 03:00 & Gas
Royal Dutch Shell pulled out of one of Iran’s biggest gas projects, dealing a blow to Tehran’s attempts to expand its energy exports in the face of US and international sanctions. The Anglo-Dutch group, which paired with Spain’s Repsol for the project, will withdraw from the $10bn-plus development of phase 13 of South Pars, the world’s largest gas field.
Copyright The Financial Times Limited 2008
Shell pulls out of Iran gas deal
LONDON (Reuters) - Oil major Royal Dutch Shell (RDSa.L: Quote, Profile,Research) has pulled out of a planned gas project in Iran, after coming under pressure not to participate from U.S. lawmakers who were concerned about Iran's nuclear programme.
Shell Exits Iran, For Now
The U.S. has passed legislation which makes it illegal for non-U.S. companies to invest more than $20 million a year in any projects in Iran. Any companies that break this rule face fines on their U.S. earnings.
Royal Dutch Shell pulls out of $10bn Iran project
Royal Dutch Shell has apparently caved into political pressure from the US in backing out of a $10 billion gas project in Iran.
Shell, for Now, Pulls Out Of Iranian Gas Project
THE WALL STREET JOURNAL: Royal Dutch Shell PLC dropped out of a preliminary deal to join an Iranian natural-gas project, although it is looking at joining at a later stage, a company spokeswoman said. Shell's decision is likely to fuel speculation that the company has bowed to U.S. pressure.
Shell and Repsol drop Iran gas project
Royal Dutch Shell and Spains Repsol have pulled out of one of Irans biggest gas projects, dealing a blow to Tehrans attempts to expand its energy exports in the face of US and international sanctions.
Shell, Repsol not to pull out of Iran
LONDON, May 6 (IranMania) - Royal Dutch/Shell and Spain's Repsol reportedly intend not to capitulate to US pressure by backing away from an energy project in Iran, PressTV reported.
Iran Unaware of Shell, Repsol Plan to Quit
TEHRAN (FNA)- Iran said on Sunday that it has not been informed of any plan by Royal Dutch Shell Plc and Spain's Repsol to withdraw from a $10 billion natural gas project in the Middle East country.
Shell, Repsol seek way out of Iran gas deal: report
European oil groups Royal Dutch Shell and Repsol YPF are under pressure from the United States to end talks with Iran about a multi-billion dollar natural gas deal, the Expansion newspaper reported Saturday.