Entries from Chemicals & The Economy tagged with 'Christophe de Margerie'
TOTAL warn on oil supplies
TOTAL's CEO, Christophe de Margerie, has become even more pessimistic on the future of oil supplies. In 2007, when prices were rising, he suggested it would be very difficult for production to reach even 100mbd, versus the 130 mbd or...
OPEC tries to hold $70/bbl oil
OPEC has called an emergency meeting for 18 November to discuss measures to combat collapsing oil prices. But as the blog noted last week, by then they could be looking to defend $50/bbl. And it seems Saudi Arabia agrees. Market...
TOTAL’s new CEO warns on oil supplies
Christophe de Margerie, the new TOTAL CEO, has burst the bubble of complacency that has surrounded discussion of future oil supply. The ‘business as usual’ forecasts of both the International Energy Agency and the US government assume that the world...
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