Total CEO: Britain Must Stick by Brexit Mistake

Tuesday, September 3, 2019

The chief executive of French oil major Total believes that Britain should stick by its decision to leave the European Union even though he thinks it is a fundamental mistake that could be a real issue for the UK economy

"It's a choice. It's democracy, we have to respect it. (But) I think it's a fundamental mistake," Total CEO Patrick Pouyanne told an industry conference in Aberdeen, Scotland, on Tuesday.

"Everything that is an export activity will face taxation. That could be a real issue for the UK economy, not for Total," he added, pointing to refining and car parts.


(Reporting by Shadia Nasralla; Editing by David Goodman)

Categories: Industry News Government Regulations

Related Stories

MODEC, Eld Energy Partnership Targets Low-Carbon FPSO Power

Inpex Moves to Accelerate Indonesia’s Abadi LNG Project

Philippines Makes First Offshore Gas Discovery in Over a Decade

OceanMight Gets Petronas’ Offshore Construction Job in Malaysia

Vantris Energy Lands Petronas Job on Malaysia’s Offshore Fields

Petrovietnam Agrees First-Ever LNG Term Deal with Shell

Jereh Group Delivers Oil Separation Systems for Petrobras’ FPSO Units

Offshore Energy and Boosting the Energy Efficiency of Water Processes

OE’s 2025 Top of the Festive Video Pops: Santa Goes Offshore

Eneos Warns on Skyrocketing Costs fo Offshore Wind

Current News

Australia and Timor-Leste Push to Advance Greater Sunrise Gas Field

MODEC, Eld Energy Partnership Targets Low-Carbon FPSO Power

JERA Lifts First LNG Cargo From Barossa Gas Project in Australia

Inpex Moves to Accelerate Indonesia’s Abadi LNG Project

Chevron in Final Talks with Eneos, Glencore on Singapore Assets Sale

Seadrill Firms Up Offshore Drilling Workload with Multi-Region Contract Awards

Turkish Petroleum, Chevron Discuss Joint Oil and Gas Exploration

ADNOC Gas Signs $3B LNG Supply Deal with India’s HPCL

Samos Energy Buys Suksan Salamander FSO from Altera Infrastructure

Philippines Makes First Offshore Gas Discovery in Over a Decade

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com