2014年10月22日

oil - has come to a halt due to Western sanctions.

Christophe de Margerie leaves a large gap to be filled. He was a hugely influential figure in the global energy industry and a colourful and instantly recognisable character.

For colleagues as well as family, there's no question that it's a huge loss. But already the markets appear to think the company will cope. The board is seen as strong and a wobble in the share price seems to have been no more than that.紅葡萄酒

It is significant that Mr de Margerie was in Moscow. He took the view that the energy industry needed to go to difficult places. Russia is a prime example. A Total project there - a joint venture with Russia's Lukoil to explore for shale oil - has come to a halt due to Western sanctions.
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Mr de Margerie, 63, had been chief executive of Europe's third largest oil company since 2007. He was highly regarded within the oil industry.

His trademark handlebar earned him the nickname "Big Moustache", and his was one of the most recognisable faces of the global oil industry.

More recently, he had become an outspoken critic of European sanctions against Russia, arguing that such actions would simply push Russia closer to China.

Total is one of the biggest foreign investors in Russia and is planning to double its output from the country by 2020.

The oil giant is France's second biggest listed company. It is not clear who will take over as Total's boss, but the company has announced that a board meeting will be held as soon as possible.

A statement from the office of French President Francois Hollande said: "Christophe de Margerie dedicated his life to French industry and to building up the Total group. He made it into one of the very top global companies

"Francois Hollande cherished Christophe de Margerie's inde
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