France's Total on Track With $19 Billion in Investments This Year, an Industrial Info News Alert
Posted on: Thursday, 11 September 2008, 09:00 CDT
Researched by Industrial Info Resources (Sugar Land, Texas) -- Amid high oil prices, Total S.A. (NYSE:TOT) (Paris) plans to ramp up production, the company announced on September 10 during a midyear review presentation. The "increased oil price sustains development of new projects," according to a company statement. Total is on track with $19 billion in investments this year, CEO Christophe de Margerie said.
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