TOTAL is one of the leading oil companies in the world. With operations in more than 100 countries, the Group's activities span all aspects of the energy industry from Upstream-oil and gas exploration and production to Downstream refining and marketing of refined products as well as international trading in both crude and refined products.
TOTAL is also a major player in the Chemical markets. Its hydrocarbon reserves rose to 10.5 billion barrels of oil equivalent, representing nearly 14 years of production at the current rate of 2.1 million barrels per day. The Group has seen rapid growth in terms of production and new reserve addition.
TOTAL has a refining capacity of about 2.6 million barrels per day by having an interest in 29 efficient and well-located refineries. The Group's refined product sales, excluding trading, averaged 3.2 million barrels per day in 1999, through a network of about 20,000 service stations.
TOTAL's Chemicals activities include a petrochemicals segment, typically associated with major integrated oil companies, intermediate and performance polymers, as well as a specialty chemicals segment, focusing on industrial rubber processing and a range of coatings, including paints, resins, adhesives and electroplating.
Combining the strengths of Total, PetroFina and Elf Aquitaine, the new Group is well positioned to ensure future growth and take its place as one of the largest and most competitive players in the industry.
Website : www.total.com
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