Total Investment plans on Track Amid Low Crude Prices: CEO

email Email  Print Print   Reproduction
Wed, Oct 15, 2008
Oil Company News
Post by Mike Rodger, Oil Reporter

The French company will keep to its investment plans amid lower crude prices. Production growth over the next 10 years will come from deep-water fields in Africa, heavy-oil ventures in Canada and liquefied natural-gas projects.

Christophe de Margerie said:

All the projects which are under way will be completed. We can easily take the time to continue our long-term investment strategy.

For full story, click here

For Total’s website, click here

All content Copright 2011 Dig Media Inc. Disclaimer

Please see the comment policy for information on comment moderation.

Get our exclusive independent commentary on oil trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »

Simply fill in your name and email to make better investment decisions.

Privacy Policy - Close this banner

x
Please enter a valid email.

Information