EUROPE

Total restructures

PAPUA LNG operator Total, one of the more resilient oil supermajors in the prolonged price slump, is creating a gas, renewables and power division which it hopes will turn it into a top clean energy and electricity trading player inside 20 years.

Total restructures

While the restructuring will require some consolidation of its divisions, Total emphasised that no jobs would be lost, and there would be no mandatory geographic relocation. The French company, already...

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