24 April 2024
Total looks past Q2 misery to looming oil shortfall, sees USD 60/barrel Brent in 2023
Publication date: 30 July 2020
Gas Strategies Group
10 Saint Bride Street
London UK
EC4A 4AD
ISSN: 0964-8496
Twitter @GasStrategies
Editorials
Subscriptions
[1]
The profitability of Total’s operations hit rock bottom in the second quarter, as the French oil major grappled with “exceptional circumstances” arising from the Covid-19 pandemic that crashed oil prices and scythed 96% off the company’s adjusted net income. On top of that, Total booked asset write-downs of