Total, the French oil company, on Wednesday announced a drop in profits of 54 per cent, but said that it had stemmed the fall in its production. Total’s third-quarter adjusted net income, which strip out gains from changes in... [read full story]
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Europe’s third largest oil company, Total, has posted a 54% drop in third quarter net profits due to weaker oil prices. In the three months to September, the French oil giant’s profits were €1.9 billion (£1.7 billion), compared...
Total has blamed lower oil prices and tight refining margins for a 54% drop in third-quarter net profits. In the three months to September, the French oil giant's profits reached 1.9bn euros ($2.8bn; £1.7bn), compared with...
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