Total is the world's four largest petrochemical companies, headquartered in Paris, France, and conducts lubricating oil business in more than 110 countries around the world. On May 7, 2003, it was named Total globally, and consists of three brands: Total, FINA and ELF. The company is the product of the merger of Total France and Fina Petroleum (FINA) in November 1998, and the acquisition of Total France's Elf (ELF) in March 2000.

Total is the fourth largest oil and natural gas integrated listed company in the world. Its business covers more than 130 countries around the world, covering the entire oil and natural gas industry chain, including upstream businesses (oil and natural gas exploration, development and production, as well as liquefied natural gas) and downstream businesses (oil refining and sales, trade and transportation of crude oil and refined oil). The total number of employees is more than 120,000, with a turnover of 102.5 billion euros in 2002 and a total asset of 85 billion euros. The top six shareholders of the company are Paris Palestinian (0.2%), AREVA (0.8%), Societe Generale (0.7%), Brussels Lambert Group (3.4%), and Belgium National Securities (1.2%). The remaining shares are held by internal employees, group affiliated enterprises and the public. The company's highest organization is the Executive Committee, which has three administrative departments, including the Strategy and Risk Assessment Department, Finance Department, and Human Resources Department, as well as three production departments: upstream (exploration and development of crude oil and natural gas, natural gas and electricity), downstream (refining and refined oil sales, international trade of crude oil and various refined oils), and chemical products:

1. Upstream business. As of the end of 2001, Total's oil and gas reserves were equivalent to 11 billion barrels of oil. For example, based on the output rate of 2.2 million barrels per day, it can be continuously mined for 14 years. Total's upstream business has 13,870 employees worldwide, making it the largest manufacturer in Africa and the second largest in the Middle East, and ranks fourth in Europe, Southeast Asia and Latin America. Total is also one of the world's largest producers of liquefied natural gas. In addition, Total also has strong strength in natural gas storage, transportation, power generation and sales. It is the most important natural gas storage and transportation company in France and the most important natural gas power manufacturer and natural gas power seller in the UK. Total has 3,656 MW of power generation capacity in South America and is also one of the largest gas pipeline operation companies in the area.

2. Downstream business. Total has 28 refineries (13 wholly owned) with production of 2.66 million barrels per day and sales of 3.75 million barrels. In 2002, its refinery breakeven point was $8 per ton. The total number of downstream employees is 35,743, making it the first in Europe and the fifth largest producer in the world. Total's sales network is distributed in 16,676, respectively, including Total, Fina and Elf.

Among the branded gas stations, they account for 12% of Europe and 20% of Africa's market share. Outside Europe, the company is focusing its operations in high-growth regions (Africa, Mediterranean coast and Asia), as well as specialty products such as fuel oil, LPG, aviation fuel, lubricating oil, waxes, asphalt and solvents.

3. Chemical industry. Atofina is the chemical department of Total. It has 71,500 employees worldwide and has a turnover of US$19.6 billion in 2001. It is the sixth largest chemical company in the world. Its business mainly includes basic chemicals and polymers, intermediates and special polymers and special chemicals. The petrochemical plant has grown through mergers with the company's refining business.

Total is the world's four largest petrochemical companies. It is headquartered in Paris, France. It consists of three brands: Total, FINA and ELF. The company operates lubricant business in more than 110 countries around the world.