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ISTANBUL, Turkey (AFP) — The oil industry must accept that global demand for crude may fall by 2050 but rich potential remains in hydrocarbons, especially gas, the head of French energy giant Total said Tuesday. Total Chief Executive Officer Patrick Pouyanne said climate policies and electric cars would affect demand for oil in the next three decades. “It is possible that by 2040-2050 oil demand will not be as high as it is today,” he told […]
(Reuters) – Total SA (TOTF.PA) CEO Christophe de Margerie was killed in an airplane accident at Moscow’s Vnukovo airport, airport spokeswoman Elena Krylova said on Tuesday. “Tonight, a plane crashed when it collided with a snow-clearing machine. Three crew members and a passenger died. I can confirm that the passenger was Total’s head de Margerie,” she said. Total was not immediately reachable for confirmation.
