Total Expects Oil-Industry Downgrades as Dividends MaintainedBy
French company announces further cuts to costs and investment
Oil and gas producer will sell more assets such as pipelines
Total SA became the latest major energy company to keep investor payouts, accepting that the industry risks credit-rating downgrades by maintaining dividends amid the worst oil crash in 30 years.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.