Total refining and oil products summary
Loading current market price
Report summary
Although Total's overall strategy remains upstream-driven, its downstream operations generated very strong results in 2015. Following a period of intensive capital expenditure, Total will cut down investments over the next few years and focus on cash flow generation. Upstream production volumes grew by over 9% in 2015 to support a targeted annual average growth rate of 5% over the 2014 to 2019 period. A US$10 billion divestment programme is in place, covering all sectors, which will see Total continue to shed non-core assets and focus on reducing costs and improving market share where it has competitive advantage. To this end, in 2015 the company sold its fuels marketing business in Turkey and its minority stake in the Schwedt refinery.
What's included
This report contains
Table of contents
-
Executive summary
- SWOT analysis
- Upstream to drive cash flow growth, while striving for aggressive renewables targets
- Developing integrated ‘refining and petrochemical complexes'
- Next stage of European refinery rationalisation has been announced
- Exit from Turkey contrasts Total's fuels marketing focus on high-growth areas
- Financials
-
Portfolio summary
- European refining and marketing operations
- Refining
- Marketing
-
Refining and oil products
- Supply/demand
- Implications and outlook
-
Mergers and acquisitions
- Total
- Fina
- Elf
Tables and charts
This report includes 11 images and tables including:
Images
- Adjusted net operating income
- Capital expenditure
- Portfolio summary: Image 1
- Refinery capacity by country (end year)
- Service stations by country (end year)
- Total company position
- Supply area A - France / Switzerland
Tables
- Executive summary: Table 1
- Refining and oil products: Table 1
- Recent European acquisition/divestment
- Mergers and acquisitions: Table 2
You may be interested in
Petrol d.d. refining and oil products summary
API refining and oil products summary
Neste Oil refining and oil products summary
Questions about this report?
-
Europe:+44 131 243 4699
-
Americas:+1 713 470 1900
-
Asia Pacific:+61 2 8224 8898