Patrick Pouyanne - Total

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Last quote by Patrick Pouyanne

We have signed a contract in Iran. If we can move forward, we'll move forward. If we cannot, we will have to stop.feedback
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NEW Oct 17 2017 Iran
Patrick Pouyanne has been quoted 57 times. The one recent article where Patrick Pouyanne has been quoted is Invest in Greece, you won't regret it: Greek PM. Most recently, Patrick Pouyanne was quoted as having said, “Investing in Greece is not as simple as that. Labor costs are a bit higher than in eastern Europe, and it's less connected to the German market, large European markets. The Chinese have done it in Africa, they are doing it in the Mediterranean, taking advantage of this weakness.”.
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Patrick Pouyanne quotes

Jul 03 2017 - Iran

Since the signature of the JCPOA ( Joint Comprehensive Plan of Action) all European companies are allowed to work in Iran so we are committed to Iran and I hope that the international diplomacy will maintain our capacity to be here.feedback

Jul 03 2017 - Iran

This is a major agreement for Total, which officially marks our return to Iran to open a new page in the history of our partnership with the country. Total will develop the project in strict compliance with applicable national and international laws.feedback

Jul 03 2017 - Iran

What the Middle East can offer us is having giant resources at a low cost. You can have a profitable business.feedback

Jul 03 2017 - Iran

If one party is going out of the treaty, then we will not be able to invest.feedback

Jun 19 2017 - Qatar

We'd like to begin, if you will, by discussing the situation in the middle East. As you know, Saudi Arabia and the Arab Emirates have broken off their diplomatic relations with Qatar. This is a region of the world in which you do business and in which you are active. If this diplomatic crisis deteriorated, would it begin to impact your organisation?feedback

May 02 2017 - Oil

These agreements are part of the group's strategy to carry out exploration activities in new deepwater basins in Africa.feedback

Apr 27 2017 - OPEC

For us, this is a new era. During the last few years, 2015, 2016, we have not been able to take more capex (capital spending). Now we have room, we have more cash.feedback

Apr 08 2017

The solar industry is facing again, I would say, a new winter.feedback

Apr 04 2017 - Japan

Today we are facing global overcapacity that is putting pressure on prices. We must carry on investing for the future.feedback

Mar 31 2017 - Iran

We have identified some, I would say, medium-sized banks who are ready to work with Iran.feedback

Mar 31 2017 - Iran

We are a little bolder than others. It is part of our strength. There are some constraints, but we can do it.feedback

Mar 31 2017 - Iran

Not a single U.S. person has the right to work on Iran, so you have to be careful of that.feedback

Mar 27 2017

By joining forces with Borealis and Nova, we aim to create a major player in the US polyethylene market.feedback

Feb 09 2017 - British Petroleum

We are in a field of opportunities. We have a good balance sheet and financial means that others do not have. After two years of very low prices, there are companies around the world that have good assets but are struggling. It is left to us to chose good assets that are of interest to us.feedback

Feb 09 2017 - Iran

There are two executive orders that are supposed to be renewed before summer. These are supposed to last about 18 months. So President Trump will have to, or not, renew these sanction waivers. So, either the waivers are renewed and as such, respect the Iran nuclear deal, which will allow us to execute the contract and we'll do so, or they decide to tear up the Iran nuclear agreement. In that case, we'll not be able to work in Iran.feedback

Feb 09 2017 - Oil

We did a lot of cost savings. The most spectacular was the average cost of production in exploration and production which was reduced to $5.9 per barrel of oil equivalent (boe), compared with $9.9/boe in 2014 and was the principal reason of our resilience. We are in a field of opportunities. After two years of very low prices, there are companies around the world that have good assets but are struggling.feedback

Feb 09 2017 - Oil

We have the second-best net adjusted profit in the year among oil majors although we don't have the same size of production compared with some of them - we are fifth largest in terms of production. We reacted faster than our peers on cutting our costs and we succeeded. We deliberately made the choice to go for projects with very low production costs.feedback

Jan 19 2017

Today what I face is many uncertainties . We are waiting to see what the foreign policy of (President-elect) Donald Trump will be, clearly Brexit and there is huge uncertainty over the future of Europe and how you deal with such a country outside of the European Union.feedback

Jan 19 2017 - Iran

Plus of course in the Middle East, Iran is back because of the agreement last year - it involved many difficulties around. So there is much uncertainty.feedback

Jan 19 2017

It's not good for business because what business wants is predictability you know, if you are to invest, if you want to take decisions in energy you invest for 20 years, you need to have clear frameworks so that is the main risk for us.feedback

Jan 12 2017 - OPEC

I'm not sure we fully understand what would be Mr. Trump's policies, but I'm sure it will be America first.feedback

Nov 24 2016

But I also do so knowing that being the first oil major to sign a deal will open doors for the company to potentially benefit in a major market and our Iranian partners will appreciate it.feedback

Nov 24 2016 - Iran

When I take a decision to sign an accord with Iran on the eve of the election of Donald Trump, I do that knowing that I'm potentially exposing about $1 billion of the company's funds to risks. But I do so knowing that in the $150 billion that we manage, that risk is acceptable.feedback

Nov 24 2016 - OPEC

To be honest, the missing element is; In what way the election of Donald Trump (as president of the United States) is going to affect the dynamics within OPEC?feedback

Nov 24 2016 - OPEC

It will only be possible if non-OPEC countries including Russia also agree to cut (output), because Saudi Arabia will not shoulder the burden alone.feedback

Nov 08 2016 - Sanctions

This project fits with the group's strategy of expanding its presence in the Middle East, where the origins of the group lie, and growing its gas portfolio by adding low unit cost, long plateau gas assets.feedback

Nov 07 2016 - Iran

Naturally we have engaged discussions with Iran on this topic. So, let see if we can conclude a satisfactory deal for all the parties.feedback

Nov 07 2016 - Sanctions

We developed some phases of South Pars in the past. We were on the verge of sanctioning a project in 2010 just before the sanctions.feedback

Nov 07 2016

Discussions are going on and we'll see if we can sign in the coming days.feedback

Nov 07 2016

...Developing a phase of South Pars (gas field) is more in the range of $2 billion dollars than $6 billion.feedback

Nov 03 2016

There were some very aggressive tenders with very low prices. Frankly, when you see prices under 30 cents per kilowatt hour, I don't understand. It does not cover the amortization of any investment.feedback

Nov 03 2016

The solar industry is facing a new winter.feedback

Oct 28 2016

Total continues to benefit from its integrated business model and is responding effectively to short-term challenges due to good operational performance and strong cost discipline.feedback

Oct 19 2016 - Fracking

I know that the shale oil industry is very innovative and they have cut costs and adapt but we won't be able, if we continue this way, to fill the gap.feedback

Oct 12 2016 - British Petroleum

By 2020 we will have a lack of supplies. Volatility has been huge. The stress on everybody, the balance sheets of companies and countries is huge.feedback

Oct 11 2016 - Algeria

I think they are serious…They weren't obliged to make this statement in Algiers….They have done it voluntarily and they have seen a positive impact from the market.feedback

Oct 11 2016

Because of this huge volatility, we have seen a big decrease in investments.feedback

Sep 22 2016

This is a strong commitment on our part. We do not intend to go beyond this range even if there was a sudden upsurge in oil prices.feedback

Sep 22 2016

We are very confident that we will reach this $4 billion. Most of it will come from upstream.feedback

Sep 22 2016

The idea is to leverage on economies of scale across the group.feedback

Sep 22 2016

Next year we will do it in Italy with ERG.feedback

May 25 2016 - Chevron

The energy world is evolving . . . There are new areas over the next 20 years beyond oil and gas that we think can be profitable.feedback

Sep 05 2015

The combination of Saft and Total will enable Saft to become the group's spearhead in electricity storage.feedback

Feb 12 2015

We consider that after having spent a lot of money in exploration in the last three years without the results we expected, it was preferable that exploration teams be put under a certain pressure, that they get forced to make choices.feedback

Jan 21 2015

Higher prices will come back.feedback

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