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Total SA

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  • Total profit hit by drop in oil prices Wednesday, 29 Oct 2014 | 3:47 AM ET

    PARIS— French oil company Total SA says its earnings dropped in the third quarter due to the falling global price of oil. Total said Wednesday that its replacement cost profit, a key gauge of earnings for oil companies, slid 2 percent to $3.56 billion in the three months to September from $3.63 billion in the same period a year earlier. The price of international...

  • HOUSTON, Oct 27- Venezuela's PDVSA has confirmed it will import light crudes as a diluent for its extra heavy oil production, a cost-saving move for the state-run company that also reveals delays and problems in its main output strategies. The Petrocedeno upgrader, operated with Norway's Statoil ASA and France's Total SA, will be under maintenance as of early...

  • President, French elite honor late Total CEO Monday, 27 Oct 2014 | 5:02 AM ET

    PARIS— President Francois Hollande has joined French business leaders, political elite and international diplomats to pay respects to the chief of French oil powerhouse Total, who died in a plane crash in Russia last week. Total SA Chief Executive Christophe de Margerie, whose trademark white handlebar mustache and cherubic demeanor made him known and...

  • Oil settles higher on Saudi cut, strong data Thursday, 23 Oct 2014 | 2:36 PM ET

    Oil prices rose on news Saudi Arabia cut its supply to the market in September and on strong economic data from Europe and China.

  • More suspects detained in Total CEO plane crash Thursday, 23 Oct 2014 | 5:31 AM ET

    Russian prosecutors detain four more Moscow airport workers over a plane crash which killed the CEO of oil company Total.

  • Report: Total CEO's plane almost escaped crash Thursday, 23 Oct 2014 | 4:42 AM ET

    Monday night's collision that killed Total SA CEO Christophe de Margerie and all the crew on his jet has been seen not only as a tragedy but as an embarrassment for Russia at a time of strained relations with the West. The director general of Moscow's Vnukovo Airport and his deputy resigned Thursday and investigators detained four more of its employees in...

  • Oil dips after second consecutive U.S. stock build Wednesday, 22 Oct 2014 | 2:38 PM ET

    Oil prices slipped on Wednesday after data showed a second consecutive weekly jump in U.S. crude oil stockpiles.

  • Total acts swiftly to replace CEO killed in crash Wednesday, 22 Oct 2014 | 7:21 AM ET

    PARIS— French oil giant Total SA has named Patrick Pouyanne as chief executive to replace Christophe de Margerie, who was killed earlier this week in a plane crash in Moscow. The swift appointment indicates the board's desire to limit the uncertainty on one of France's biggest companies. Pouyanne is a graduate of two of France's top engineering schools, Ecole...

  • Total names Pouyanne and Desmarest at top positions Wednesday, 22 Oct 2014 | 7:15 AM ET
    Thierry Desmarest

    Total has confirmed that Patrick Pouyanne, head of refining up until now, will take over as chief executive, and Thierry Desmarest as chairman.

  • Snowplow driver says he didn't see Total CEO's jet Wednesday, 22 Oct 2014 | 6:15 AM ET

    MOSCOW— The driver of the snowplow that apparently caused the plane carrying the Total CEO to crash at a Moscow airport says he neither saw nor heard the private jet as it sped toward him down the runway in the dark. The driver is the only person to have been detained in the deaths of Total SA Chief Executive Christophe de Margerie and three French crew members, who...

  • Oil prices closed slightly higher after an early rally aided by data showing stronger-than-expected China demand and some technical price recovery.

  • Europe shares rally on ECB stimulus hopes Tuesday, 21 Oct 2014 | 11:37 AM ET

    European shares traded sharply higher as buying was fueled by earnings and reports that the ECB would provide extra liquidity in the near future.

  • Total’s CEO killed after his plane hits snowplow Tuesday, 21 Oct 2014 | 8:04 AM ET

    Tributes pour in for Christophe de Margerie after the chief executive of Total died in a business jet crash in Moscow.

  • Total CEO killed in Moscow plane accident Tuesday, 21 Oct 2014 | 4:03 AM ET
    Christophe de Margerie, chief executive officer of Total SA

    The chief exec of Total, Christophe de Margerie, was killed when his private jet collided with a snow plough as it was taking off from Moscow's Vnukovo airport.

  • Total CEO killed in Moscow runway crash Tuesday, 21 Oct 2014 | 3:08 AM ET

    MOSCOW— Christophe de Margerie, the charismatic CEO of Total SA who helped establish the multinational oil company as one of the world's biggest, was killed at a Moscow airport when his private jet collided with a snowplow whose driver was reportedly drunk. The crash occurred at 11.57 p.m. Monday local time when the French-made Dassault Falcon 50 burst into...

  • *Total CEO a defender of Moscow policies. MOSCOW, Oct 21- The chief executive of French oil major Total, Christophe de Margerie, was killed when a business jet collided with a snow plow during takeoff at Moscow's Vnukovo International Airport, the company and airport officials said. "Total confirms with deep regret and great sadness that Chairman and CEO...

  • Total oil company CEO dies in Moscow plane crash Monday, 20 Oct 2014 | 9:32 PM ET

    MOSCOW— The CEO of French oil giant Total SA was killed when his corporate jet collided with a snow removal machine Monday night at Moscow's Vnukovo Airport, the company said. Total "confirms with deep regret and sadness" that Chairman and CEO Christophe de Margerie died in a private plane crash at the Moscow airport, the company said in a press release dated...

  • *Defender of Moscow policies killed in plane-plow crash. MOSCOW, Oct 21- The chief executive of French oil major Total, Christophe de Margerie, was killed in an airplane collision with a snow plow at Moscow's Vnukovo International Airport, airport spokeswoman Elena Krylova said on Tuesday. The collision occurred during takeoff of the Dassault Falcon business...

  • MOSCOW, Oct 21- The chief executive of French oil major Total, Christophe de Margerie, was killed in an airplane collision with a snowplow at Moscow's Vnukovo International Airport, airport spokeswoman Elena Krylova said on Tuesday. De Margerie, 63, a graduate of the Ecole Superieure de Commerce business school in Paris, became chief executive officer of Total...

  • NYMEX-US crude steadies near $83 ahead of China data Monday, 20 Oct 2014 | 8:17 PM ET

    SINGAPORE, Oct 21- U.S. crude futures hovered near $83 a barrel on Tuesday after an uneventful session overnight and ahead of data from China that may point to cooling economic growth in the world's No. 2 oil consumer. *U.S. crude for November delivery was up 4 cents at $82.75 a barrel by 0008 GMT after ending nearly flat at $82.71 on Monday. *About a third of U.S. shale...