Its fourth quarter results compare with an 11% rise in profits at Royal Dutch Shell, a 12% slump at BP and a 4.3% dip at Exxon Mobil. Total reported overall sales in the year of 153.8bn euros, 12% higher than in 2005.
Total nears Iran decision
French energy major Total is a few months away from deciding on investments in the Pars LNG project in Iran, a senior official said.
'Technically and commercially, the project is advancing very well and we are not far from deciding whether to invest,' said Total's head of exploration and Production Yves-Louis Darricarrere, adding a decision could occur in the next few months.
He said the company would take into account Iran's political environment when making the decision.
French energy major Total is a few months away from deciding on investments in the Pars LNG project in Iran, a senior official said.
'Technically and commercially, the project is advancing very well and we are not far from deciding whether to invest,' said Total's head of exploration and Production Yves-Louis Darricarrere, adding a decision could occur in the next few months.
He said the company would take into account Iran's political environment when making the decision.
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