In response to resources that are more and more complex to produce and steadily rising energy demand, we are deploying an enterprising strategyto achieve our goal of providing energy-related products and services to our customers, everywhere in the world.

Because fossil fuels will still make up 75% of the energy mix in 2030, we continue to invest in their ever more complex production. At the same time, we are preparing for the energy transition by developing renewable energies, especially solar and biomass.

Our Goals

The strategy pursued by Total — which operates in more than 130 countries and employs a workforce of 97,000 — aims to :

• Grow our oil and gas exploration and production activities and strengthen our global position as a leader in the natural gas and LNG markets.
• Gradually broaden the energy supply by fostering the growth of new alternative energies.
• Adapt our refining and petrochemical base to changing markets, while focusing on a few large, competitive platforms and making the most of integration.
• Expand our petroleum product retail operations, especially in Africa, Asia and the Middle East, while staying competitive in mature markets.
• Continue intensive research and development to devise clean energy sources, help to moderate energy demand and participate in the fight against global warming.
  

How Our Businesses Are Organized

In 2012, to capture as many synergies as possible, we revamped and simplified our organization around three business segments.

The first, Refining & Chemicals, combines two interrelated activities that require similar technical capabilities, plus Trading & Shipping.

The second, Marketing & Services, is the flagship for Total's commercial ambitions and is dedicated primarily to marketing refined products and associated services. It also includes our solar and biomass activities, in the New Energies Division, which is an asset in developing multi-energy solutions for our customers.

Last, Exploration & Production and Gas & Power, the division responsible for gas marketing, transmission and shipping, have been folded together under the Upstream umbrella.

This gives Total an opportunity to be an integrated operator across the natural gas value chain, as gas projects become ever more complex.