High Costs Could Make Total Reconsider Projects

摘要

Cost inflation could make Total think twice about expensive projects, the company's Chief Executive Christophe de Margerie told journalists on the sidelines of the Petrostrategies Oil Summit in Paris on Friday. Continued spiraling costs across the oil and gas sector mean the industry's "life is at stake," and companies simply cannot count on oil prices increasing indefinitely, he said (EIF Mar.12'14).