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seek the light

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seek the light

Re: None

Monday, 06/06/2011 9:47:13 AM

Monday, June 06, 2011 9:47:13 AM

Post# of 10911
.UPDATE 2-Total CEO says oil market is well supplied
Mon Jun 6, 2011 5:48am GMT
* "OPEC will do its job" - Total CEO
* Volatility bad for producers, consumers

* Investment decision on Shtokman gas project by year-end (Adds comments, details)

KUALA LUMPUR, June 6 (Reuters) - OPEC will do its part to ensure there is no shortage of oil supply in the market, the chief executive of the French energy giant Total said on Monday.


France's biggest company, with a market value of 100 billion euros, said earlier this year that events in the Middle East and Japan may herald changes in energy demand and the global energy mix.

The company is pushing ahead with investments pegged at $20 billion for the year. [ID:nLDE73S092]

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