Stay Connected

COMPANY NEWS: Total reveals $19 billion capital budget for 2008

03/03/2008
Total SA plans a $19 billion capital expenditure for this year, with refining and marketing accounting for $2.5 billion and petrochemicals $1.3 billion. The balance is dedicated to upstream, where a $1.8 billion sustained exploration effort is planned.Other oil and gas companies have recently released their spending plans for 2008. These include: Marathon Oil Corp. announced an $8 billion capital, investment, and exploration budget for 2008 compared with 2007 spending of $4.8 billion. Suncor Energy Inc., Calgary, has approved a $7.5 billion (Can.) capital spending budget for 2008, about 80% of which will target growth in oil sands projects. Anadarko Petroleum Corp. has approved total capi...
read-story

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.