Total boosts earnings 49% despite euro’s rise against dollar
Allen Baker, Petroleum News contributing writer
TotalFinaElf, now named Total, reported a 48 percent rise in net first-quarter earnings to 2.12 billion euros. The Paris-based company made 1.37 billion euros in the fourth quarter, so the sequential gain is 55 percent.
While the strength of the euro against the dollar hurt, higher production and p....
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