Total a beacon in the night

WHILE other members of the Big Oil club struggle to "live within their means", as Shell CEO Ben van Beurden put it, French super-major Total shines like a beacon, posting a third quarter net income of $US2.8 billion ($A3.94 billion), a drop of just 23% even as oil prices have fallen by 48% since this time last year.

Total a beacon in the night Total a beacon in the night Total a beacon in the night Total a beacon in the night Total a beacon in the night

"In a context where the oil price has fallen by 50% in one year, Total was able to demonstrate its resilience by limiting to 23% the decrease in its third quarter adjusted net income of $US2.

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