1965, acquisition by TOTAL of Desmarais Frères, a major player in the distribution market with the AZUR brand. On 21 September 2008, the two companies officially established a joint venture called SAUDI ARAMCO TOTAL Refining and Petrochemical Company (SATORP)- in which a 62.5% stake was held by Saudi Aramco and the balance 37.5% held by TOTAL. The produced gas will supply the Iranian domestic market starting in 2021.[38].

[43], In August 2018, Total officially withdrew from the Iranian South Pars gas field because of sanctions pressure from the US.

[5], In 1954, CFP introduced its downstream product – Total brand of gasoline in the African continent and Europe. http://www.total.frhttp://www.fioulmarket.fr/ http://www.lenergietoutcompris.fr. [12] Only four years later, Total sold its North American refining and retail operations to Ultramar Diamond Shamrock for $400 million in stock and $414 million in assumed debt. - Compressed natural gas (CNG). IPC offered financial support to raise an armed force that would assist the Sultan in occupying the interior region of Oman, an area that geologists believed to be rich in oil. On 16 January 2008, Total was required to compensate all of the victims of the pollution caused by the sinking of the ship Erika in the amount of €192 million. The phenomenal growth of the world's fleet during the Thirty Glorious Years will be one of the most powerful factors in the development of the oil industry and progress made in the refining industry. Follow us on LinkedIn. His total annual compensation for this role was €2,746,335, consisting of a €1,250,000 salary and €1,496,335 bonus. In 2013, a case was settled that concerned charges that Total bribed an Iranian official with $60 million, which they documented as a "consulting charge," and which unfairly gave them access to Iran's Sirri A and Sirri E oil and gas fields. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. We operate four refining facilities: In 2013, Total increased its stake in Novatek to 16.96%. Creation of the Régie Autonome des Pétroles (RAP, as Autonomous Petroleum Regie), that will lead to the Elf group later.

During the plane's takeoff roll it collided with a snowplow which had failed to follow the remainder of its convoy. Total's climate strategy is based on three pillars: improving the carbon intensity of its energy mix, its energy efficiency and developing renewable energies. [13], After Total's takeover of Petrofina of Belgium in 1999, it became known as Total Fina. Students from Africa are mainly from Nigeria.

For Total global services, the president Total global services. April 30th, 1929, creation of the Compagnie Française de Raffinage (CFR, as French Refining Company), 1931, the CFP creates the Compagnie Navale des Pétroles (CNP). [79]

[78], In October 2001, Total signed a contract for oil-reconnaissance in areas offshore Western Sahara (near Dakhla), with the "Moroccan Office National de Recherches et d’Exploitations Petrolières" (ONAREP). The company renamed itself Total CFP in 1985, to build on the popularity of its gasoline brand. [citation needed], Also, Total was the title sponsor of the Copa Sudamericana football tournament in 2013 and 2014. The products are distributed under the Purfina brand.

The company was only fined that amount because they were only partially liable because Total SA did not own the ship. [40] This deal will position Total as the second operator in the North Sea. Since September 2016, the committee has included:[53], The executive committee is Total's primary decision-making organization.

The French government's stake in TPC was transferred to CFP,[3] and the Red Line agreement in 1928 rearranged the shareholding of CFP in TPC (later renamed the Iraq Petroleum Company in 1929) to 23.75%. 1983, birth of Atochem, a subsidiary of SNEA, through the merger of ATO Chimie, Chloé Chimie and part of Péchiney Ugine Kuhlmann. The bribery gave them a competitive advantage, earning them an estimated $150 million in profits.

1941, creation of the Société Nationale des Pétroles d'Aquitaine (SNPA as for National Petroleum Company of Aquitaine).

At Poincaré's behest, Col. Ernest Mercier with the support of ninety banks and companies founded Total on 28 March 1924, as the Compagnie française des pétroles (CFP), literally the "French Petroleum Company".