Global 500 rank: 10 (Previous rank: 12)
2006 Revenues (millions): $168,357
Headquarters: Courbevoie
Country: France
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With 17,000 gas stations, mostly in Europe and Africa, Total sells more gasoline to consumers on those continents than any other company. But its oil and gas production capacity has been in decline, falling 5% in 2006. To combat that trend, incoming CEO Christophe de Margerie announced 11 new production projects in 2006, from Nigeria to Saudi Arabia. Total saw its sales shrink slightly in 2005, but managed to grow last year's top line by 10.5%, to $168.4 billion.
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10. Total
|  Old-economy outfits top Fortune's annual Global 500 list, thanks to rising oil prices and a slew of mergers that drove record profits. (more)  Exxon Mobil leads our list of top earners this year. Which other companies are among the most profitable on the planet? (more)  Which automaker lost a whopping $12.6 billion last year? And just how far into the red are stalwarts like Goodyear and Tyson Foods? (more) |
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