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Total is the world’s fourth-largest publicly-traded integrated international oil and gas company1, with operations in more than 130 countries spanning all aspects of the petroleum industry, including Upstream operations (oil and gas exploration, development and production, LNG) and Downstream operations (refining, marketing and the trading and shipping of crude oil and petroleum products )
Total also produces base chemicals (petrochemicals and fertilizers) and specialty chemicals for the industrial and consumer markets (rubber processing, resins, adhesives and electroplating). In addition, Total has interests in the coal mining and power generation sectors. Total is also helping to secure the future of energy through its commitment to developing renewable energies such as solar power and marine energy and second-generation biofuels.
With 96,400 employees worldwide, Total reported sales of €158.7 billion in 2007.
Upstream:
- Exploration and production operations in more than 40 countries
- Production of oil or gas in 30 countries
- Production: 2.39million barrels of oil equivalent per day
- Proved reserves: 10.4billion barrels of oil equivalent2
- Proved and probable reserves: 20 billion barrels of oil equivalent3
Downstream:
No. 1 Western European Refiner-Marketer4 and No. 1 Marketer in Africa5
- Refining capacity: approximately 2.6million barrels per day
- Sales of petroleum products: approximately 3.9million barrels per day
- Retail network: nearly 16,500 service stations
- Brands: TOTAL, Elf, Elan, AS24
Chemicals: One of the world’s leading integrated producers6
As an international energy provider and chemicals producer, Total is directly concerned by major global economic, human resources and environmental issues. Total is committed to tangible objectives as part of its corporate social responsibility process, whose procedures, practices and performance are clearly defined and disclosed.
Total’s main challenges as a manufacturer are sustainably developing energy supply, ensuring the safety of operations and reducing their environmental footprint, helping to fight against climate change, respecting and promoting human rights, respecting neighboring communities, and contributing to the development of host countries.
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Source: 2007 Registration Document
1. Based on market capitalization (in dollars) as of December 31, 2007
2. Based on year-end Brent price of 93.72 $/b
3. Limited to proved and probable reserves covered by E&P contracts on fields that have been drilled and for which technical studies have demonstrated economic development in a 60$/b Brent environment, including the portion of heavy oil in the Joslyn field developed by mining
4. Company data based on refining capacities
5. Company data, PFC Energy, December 2007
6. Company data, based on consolidated sales
Validated by Financial Com. : June 30, 2008