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Total (NYSE:TOT), which has failed to see a rise in oil and gas opportunities translate into...

Jun. 10, 2013 6:49 PM ETTotalEnergies SE (TTE) StockTTE, SUBy: Carl Surran, SA News Editor6 Comments
Total (NYSE:TOT), which has failed to see a rise in oil and gas opportunities translate into higher profits, is pressing for a final investment decision from partner Suncor Energy (NYSE:SU) on the Fort Hills project before the end of the year. The project contains an estimated 3.4B barrels of bitumen reserves to be recovered; the first phase of 160K bbl/day has secured approvals.

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