French oil giant Total (TOT) raises its production growth forecast for the 2011-15 period to 3%...

|By:, SA News Editor

French oil giant Total (TOT) raises its production growth forecast for the 2011-15 period to 3% from 2.5% and plans $15B-$20B in asset sales. The higher production guidance defies earlier gloom over TOT's performance following a series of incidents in its oil and gas producing division that lowered production. TOT +0.7% in Paris trading.