France's Total on Track with $19 Billion in Investments This Year

SUGAR LAND--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.