SOURCE: Industrial Info Resources

September 11, 2008 07:00 ET

France's Total on Track With $19 Billion in Investments This Year, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - September 11, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Amid high oil prices, Total S.A. (NYSE:TOT) (Paris) plans to ramp up production, the company announced on September 10 during a midyear review presentation. The "increased oil price sustains development of new projects," according to a company statement. Total is on track with $19 billion in investments this year, CEO Christophe de Margerie said.

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