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Total CEO's warning: invest now or oil might not be plentiful in 2010

Speaking of discussing how to spend government money with an eye to the future, the CEO of the oil company Total said that the world is not prepared for the oil demands of the next decade and needs to invest in finding and tapping into new oil reserves. Speaking to the BBC, Christophe de Margerie (pictured) said that, "If we don't move [now] there will be a problem. In two or three years it will be too late." One result of the underinvestment will be oil prices above $100 a barrel (again), he said. Another result might be "insufficient oil to ... Read more →

Total as an Oil Robin Hood? A call for big oil company profits to go back to the people Xavier Navarro

Ségolène Royal (left) was the Socialist candidate who lost the French Presidential election and is currently the president of the Poitou-Charentes region. She said last weekend that ...

Total opens highway hydrogen fueling station in Belgium Xavier Navarro

The first European hydrogen station installed along a highway is now open. The oil giant Total has opened the fuel kiosk along the Ruisbroek-Brussels highway in Belgium, and it is the first hydrogen ...

Oil is still inexpensive, says Big Oil CEO Xavier Navarro

According to the head of France's Oil Giant company Total, oil is still "too inexpensive." This surprising statement is what Total's CEO Christopher de la Margerie said in an interview for French ...

Total CEO's warning: invest now or oil might not be plentiful in 2010 1 month ago on Autoblog Green

Speaking of discussing how to spend government money with an eye to the future, the CEO of the oil company Total said that the world is not prepared for the oil demands of the next decade and needs to invest in finding and tapping into new oil reserves. Speaking to the BBC, Christophe de Margerie ...

Total as an Oil Robin Hood? A call for big oil company profits to go back to the people 1 year ago on Autoblog Green

Ségolène Royal (left) was the Socialist candidate who lost the French Presidential election and is currently the president of the Poitou-Charentes region. She said last weekend that Total, the big French oil company whose CEO thinks gas is cheap, should give back part of its profits ...

Total opens highway hydrogen fueling station in Belgium 1 year ago on Autoblog Green

The first European hydrogen station installed along a highway is now open. The oil giant Total has opened the fuel kiosk along the Ruisbroek-Brussels highway in Belgium, and it is the first hydrogen dispensing station that is located in a place like "regular" ones. It's also the first hydrogen fuel ...

Oil is still inexpensive, says Big Oil CEO 1 year ago on Autoblog Green

According to the head of France's Oil Giant company Total, oil is still "too inexpensive." This surprising statement is what Total's CEO Christopher de la Margerie said in an interview for French economy magazine Revenu. Even at more than $130 a barrel, he said that oil is still cheaper than in ...


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