Top 10 Oil and Gas Companies in the World 2017

Posted in Top Brand Lists, Total Reads: 722
Advertisements

6. Total

Total S.A. is a French multinational completely integrated oil and gas company that is counted one among the seven "Supermajor" oil companies in the world.


Image: Wikimedia

Its businesses cover the entire oil and gas chain form the upstream to the downstream, ie from crude oil and natural gas exploration and production to power generation, transportation, refining, petroleum product marketing, and international crude oil and product trading. Total is also a large scale chemicals manufacturer.

Advertisements

Total is a major player in solar energy with SunPower and Total Solar. Total has its head office in Paris, France with 903 subsidiaries consolidated into the group, as of 2014, with significant affiliate investments and joint ventures, mostly in LPG. The company is listed on the Euro Stoxx 50 stock market index. The company has its foundation after World War I, when then French Prime Minister Raymond Poincaré rejected the idea of forming a partnership with Royal Dutch Shell in favor of creating an entirely different and independent French oil company. The French state invested and received the 25% share held by Deutsche Bank in the Turkish Petroleum Company (TPC) as part of the compensation for war damages caused by Germany during World War I & the French government's stake in TPC was transferred to CFP under the Red Line agreement in 1928 that rearranged the shareholding of CPF in TPC to 23.75%. The company from the start was regarded as a private sector company because of its listing on the Paris Stock Exchange in 1929. The company renamed itself Total CFP in 1985, to build on the popularity of its gasoline brand. But later in 1991, the name was changed to Total, when it became a public company listed on the New York Stock Exchange alongside the Euro Stock market.  Since September 2016, this company has set up a new arm to achieve its “One Total” company ambition to become a responsible energy major, because it is diverse with footprints in each of these:  Exploration & Production, Gas, Renewables & Power, Refining & Chemicals, Trading & Shipping, Marketing & Services, and Total Global Services. It strongly believes in people and social responsibility with regard to building human capital, safety and environment concerns and a new civil society engagement division. Apart from all these, its strategy & innovation resides in Strategy & Climate Division, responsible for ensuring that Total’s strategy incorporates the 2 °C global warming scenario. It believes that energy is a vital component of meeting the challenge to keep global temperature change below 2°C. It will require making a monumental shift. Total is actively working on this transformation to deliver its objectives in the most sustainable way.

Revenue billion USD: 149.74

Profit billion USD: 6.20

Production volume (Mn Barrels/Day): 2.7



Looking for Similar Lists, Browse more Top Lists

Share this Page on: