Total delivers on growth, cost savings goals

摘要

London-Total said Thursday it will perform competitively regardless of the economic environment, adding that cost-cutting was going better than expected and production growth remained on track. The company is delivering on production growth, cost reduction, portfolio management and reorganization, Total’s Chief Financial Officer Patrick de La Chevardiere said. “We are preparing Total for the next detail by lowering our breakeven and maintaining strict investment discipline and project selection,” he said on a company webcast after second quarter results were announced.