MARKETS

Ichthys start up highlight of 2018 for Total

FRENCH supermajor Total said in its fourth quarter and end-of-year results it benefitted in the oil price rise of 2018 despite its late-year volatility with adjusted net income of US$13.6 billion in 2018, an increase of 28%.

Ichthys start up highlight of 2018 for Total

It reported a return on average capital employed close to 12%, describing it as the highest among the major, and delivered a pre-dividend breakeven below $30 per barrel.    Total had net income of...

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