Total sees positive oil supply future based on technology

French supermajor Total SA holds a positive view of the future of oil supply because it contends that nonconventional oil can be extracted at economically sustainable prices and that new technological breakthroughs will enable oil companies to increase reserves in existing fields and discover and develop reserves that today are inaccessible.This view was expounded in the article "Still a bright future for oil" in Total's monthly Energies magazine published in June. Total Chairman, CEOThierry Desmarest"Nonconventional oil today is already becoming the conventional oil of tomorrow....There will be other progress capable of maintaining oil production over at least a further quarter of a...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected