Total SE

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Total is a French multinational oil and gas company, and one of the 7 "Supermajor" oil companies in the world. Products are sold throughout France (22.8%), Europe (47.5%), Africa (10.6%), North America (10.6%) and other (8.5%). Net sales break down as follows (end 2018):

  • 50.8%: Petroleum Products Distribution: operated 14,311 service stations world-wide. Total also operating in electricity generation (from combined cycle gas plants and renewable energies);
  • 44%: Refining and Chemicals: refining of petroleum products (operated 18 refineries throughout the world) and manufacture of basic chemistry (olefins, aromatics, polyethylene, fertilizer, etc.) and of specialty chemistry (rubber, resins, adhesives, etc.). The group also operates in trading and sea transport of crude oil and oil products;
  • 5.2%: Hydrocarbon Operating and Production: 2.8m barrels of oil equivalent produced per day in 2018, and broken down between Europe (32.8%), Africa (24.1%), Middle East and North Africa (24%), Americas (14%) and Asia/Pacific (5.1%). The group also operates in transportation, storage and sales of natural gas, LNG, LPG and carbon.

Climate Policy

Climate-Accountability-Institute.svg Carbon Majors Oct.2019 update: Total holds the No.17 spot in the Top 20.[1]
CDP-Worldwide-horiz.svg Carbon Majors Report: No.29 in the Top 50 worst GHG emitters.[2]

Climate Policy Rating: InfluenceMap  D
Total continues to advocate an energy policy agenda focused around fossil fuels, promoting gas as a long-term energy solution, and supports the transition from coal to gas power. Total retains memberships of powerful trade associations engaged in active opposition of climate regulations, including the Canadian Association of Petroleum Producers, the American Petroleum Institute and the Australian Petroleum Production & Exploration Association. IM Report

Company

Shareholders

Total float: 89.5%
Source: MarketScreener.svg, Mar.2020

Structure

ToDo: profile, ownership structure, link, link

Nationwide Mutual Insurance Company

Articles

  • /Documents/2017.12-InfluenceMap-Trade-Association-Report.pdf
  • Jun.01.018: Greenpeace protesters abseil into oil firm Total's AGM. More than 250 Greenpeace activists hijacked Total’s annual shareholders’ meeting in Paris to protest at the oil company’s plans to drill in the mouth of the Amazon and French Guiana. Total wants to explore Brazil’s Foz do Amazonas basin, which geologists estimate could contain up to 14bn barrels of oil, or more than the entire proven reserves in the Gulf of Mexico. Brazil's environmental agency rejected the company's bid for a licence for the 4th time this week, requesting more information. Greenpeace also opposes Total’s investment in offshore oil production in French Guiana, which will boost its presence in the potentially lucrative area. Total faces more protests this month, after France’s largest farmers’ union called for a blockade of refineries in protest at the company’s decision to use imported palm oil at a new biofuel production site. Mark Sweney, The Guardian.

References

  1. ^ Carbon Majors. Update 8 October 2019: Accounting for carbon and methane emissions, Top Twenty investor-owned and state-owned oil, gas, and coal companies 1965-2017. Climate Accountability Institute, Oct.08.2019.
  2. ^ New report shows just 100 companies are source of over 70% of emissions. Carbon Majors research finds 100 active fossil fuel producers including ExxonMobil, Shell, BHP Billiton and Gazprom are linked to 71% of industrial greenhouse gas emissions since 1988. CDP, Jul.10.2018.