Total engages in all aspects of the petroleum industry covering oil and gas exploration and production, refining, marketing and shipping of crude oil and petroleum products. It produces petrochemicals, fertilizers and specialty chemicals for the industrial and consumer markets. The Chemicals segment is organized into the Base Chemicals and Specialties activities.
In petrochemicals, Total’s objective is to “reinforce its position among the leaders in petrochemicals” by combining targeted growth with enhanced productivity at its existing large sites.
In the more mature markets, Total intends to improve the competitiveness of its existing large sites. In the faster growing Asian markets, Total’s strategy is to expand its activities, either from plants located within the more dynamic markets or from sites located in countries benefiting from favourable access to raw materials.
Elements of the overall strategy for the company include step up development of LNG and heavy oil; adjust to the new world energy environment, where oil and gas prices are high and new competitors are emerging; and invest and innovate to meet constantly growing oil and gas demand.
Total will also enhance the energy efficiency of its processes and help to diversify energy sources. It will combat climate change by reducing greenhouse gas emissions and devising new solutions, such as CO2 capture and sequestration.
With headquarters in Paris, France, Total has around 95,000 employees and sales of €159bn in 2010. The Chemical segment had sales of €15bn and employed 44,667 people.
Chairman: Thierry Desmarest
Chief executive officer: Christophe de Margerie
Vice-chairman and president (chemicals): Francois Cornelis
Chief financial officer: Patrick de la Chevardiere
Chief information officer: Patrick Hereng
CEO (Total Petrochemical US): Geoffroy Petit
Company secretary: Charles Paris de Bollardière
Chairman and CEO (Hutchinson, Total Chemicals): Jacques Maigné
Chairman and CEO (Bostik, Total Chemicals): Bernard Pinatel
President (HR and corporate communications): Jean-Jacques Guilbaud
President (Exploration & Production): Yves-Louis Darricarrere
President (Gas & Power): Philippe Boisseau
President (Middle East): Ladislas Paszkiewicz
President (Refining & Marketing): Michel Benezit President (Strategy & Risk assessment): Bruno Weymuller Managing director (UK): Andrew Ritchie
Senior VP (Middle East, Total Exploration & Production): Arnaud Breuillac
Senior VP (strategy, business development and R&D): Patrick Pouyanne
Senior VP (finance, economics & information systems): Olivier Cleret de Langavant
Senior VP (HR): Isabelle Gaildraud
Senior VP (development & operations): Michel Hourcard
Senior VP (Geosciences): Marc Blaizot
Senior VP (operations): Pierre Bang
(Updated February 2011)
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Total engages in 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, adhesives, resins and electroplating). In addition, Total has interests in the coal mining and power generation sectors.
More about Total Structure
Total’s company strategy is to continue to grow its production profitably; step up development of LNG and heavy oil, in its fastest-growing segments; adjust to the new world energy environment, where oil and gas prices are high and new competitors are emerging, and to changing demand; invest and innovate to meet constantly growing oil and gas demand; enhance the energy efficiency of its processes; help to diversify energy sources; improve its customers’ energy use; combat climate change by reducing greenhouse gas emissions and devising new solutions, such as CO2 capture and sequestration; reduce the impact of its production and transportation operations on the air, water and soil; reduce the noise, visual and olfactory disamenities caused by its operations; and maintain biodiversity. (Edited from annual report and company website). ICIS also provides you with key financial data listed in table form.
More about Total Strategy & Financial Highlights
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INSIGHT: Total makes moves to crack more gas
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VIDEO - ICIS Americas Lunchtime Bulletin 24 May 2013