Europe’s third-largest oil producer Total SA has reported a drop in its output to 9 year lows - 7.3% in Q2 to 2.18 mln bpd; despite gains from new projects in Nigeria and the Gulf of Mexico, as demandd dwindled due to the global recession.
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Monday, August 03, 2009
As demand reduces due to global recession, output dips to 9 year lows at Total
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