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2019-02-08 11:10:00

TOTAL NET INCOME $13.6 BLN UP 28%

TOTAL NET INCOME $13.6 BLN UP 28%

TOTAL Fourth quarter and full-year 2018 results

Total's Board of Directors met on February 6, 2019, and approved the Group's 2018 accounts. Commenting on the results, Chairman and CEO Patrick Pouyanné said:

"Benefiting from the rise of oil prices to $71/b on average in 2018 compared to $54/b in 2017, while remaining volatile, the Group reported adjusted net income of $13.6 billion in 2018, an increase of 28%, a return on…

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Tags: TOTAL, FINANCE, STATEMENT
Chronicle:
TOTAL NET INCOME $13.6 BLN UP 28%
2019, April, 26, 11:05:00
GLOBAL LNG INVESTMENT $200 BLN
World capital expenditure for both LNG plant and upstream infrastructure will total more than $200bn between 2019 and 2025.
TOTAL NET INCOME $13.6 BLN UP 28%
2019, April, 26, 11:00:00
VENEZUELA'S OIL PRODUCTION 840 TBD
In March 2019, Venezuela's crude oil production (excluding condensate) averaged 840,000 barrels per day (b/d), down from 1.1 million b/d in February,
TOTAL NET INCOME $13.6 BLN UP 28%
2019, April, 26, 10:55:00
NORD STREAM 2 SUCCESS
The meeting participants stressed the success of the operating Nord Stream gas pipeline and the great importance of the under-construction Nord Stream 2 gas pipeline for the energy security of Europe and Germany in particular.
TOTAL NET INCOME $13.6 BLN UP 28%
2019, April, 26, 10:50:00
POWER OF SIBERIA SCHEDULE
The meeting participants reviewed the development prospects of the Chinese gas market and the strategic aspects of cooperation between Gazprom and CNPC, paying particular attention to gas supplies. It was noted that the preparation of facilities for Russian gas exports to China via the Power of Siberia gas pipeline from December 1, 2019, is going according to schedule.
TOTAL NET INCOME $13.6 BLN UP 28%
2019, April, 26, 10:45:00
NOVATEK'S PROFIT UP 8.9 TIMES
Profit attributable to shareholders of PAO NOVATEK increased to RR 381.8 billion (RR 126.74 per share), or 8.9 times, as compared to the corresponding period in 2018.
TOTAL NET INCOME $13.6 BLN UP 28%
2019, April, 26, 10:40:00
NOVATEK'S LNG UP
PAO NOVATEK (“NOVATEK” and/or the “Company”) announced that its joint venture with Gazprombank Cryogas-Vysotsk has commenced full-scale production of liquefied natural gas (LNG). During the official ceremony at the port of Vysotsk, Russian President Vladimir Putin has formally started the Cryogas-Vysotsk LNG project.
TOTAL NET INCOME $13.6 BLN UP 28%
2019, April, 26, 10:35:00
NOVATEK, CHINA'S CNOOC AGREEMENT
PAO NOVATEK (“NOVATEK”) announced today at the Second Belt and Road Forum for International Cooperation that China National Oil and Gas Exploration and Development Company Ltd (“CNODC”), a wholly owned subsidiary of China National Petroleum Corporation (“CNPC”), has signed a binding agreement to enter the Arctic LNG 2 project.
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