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Financials: Latest Results
Rank: 6 (Previous rank: 8)
CEO: Christophe de Margerie Employees: 96,959 Address: 2 Pl. Jean Millier Courbevoie, 92400 Country: France Website: www.total.com Total performed well in 2008, with profits hitting $15.5 billion. The French oil giant managed the volatile price of oil by using some of its revenue to reduce debt, rather than orchestrating a share buy-back. The company, based in the outskirts of Paris, also dove into new drilling territory, beating out Chevron and ConocoPhillips for 25% of a natural gas field in Russia and offering up plans to the Chinese government to drill in Inner Mongolia. Up next: developing expertise in nuclear energy. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Industry: Petroleum Refining
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