Thierry Desmarest
Thierry Desmarest
Thierry Desmarestis a French businessman. He is the current honorary chairman of Total. He was also Chief Executive Officer at Total from May 1995 until February 2007, when he was replaced by Christophe de Margerie...
capacity continued crude demand drove growth high levels margins prices production quarter rate second
Continued demand growth and a high rate of capacity utilization for production and refining drove crude prices and refining margins to very high levels in the second quarter of 2005,
expected line production results
The results were in line with expectations .... As expected too, production was down in the quarter,
demand drove global gulf high levels major margins mexico oil petroleum prices products third time
At a time when global demand for petroleum products was already strong, major disruptions in the Gulf of Mexico drove oil prices and refining margins to very high levels in the third quarter,
player pretend top wherever worldwide
We do not pretend to be a worldwide player, but we want to be a top player wherever we are,
believe everywhere strong
We believe that being strong everywhere else in the world but in the U.S. isn't a handicap,