SWOT analysis Total, petroleum sector, BP British Petroleum, oil market, OPEC Organisation of the Petroleum Exporting Countries, Total economy, Total policy, crude oil production
The Total group was founded in 1924, and it is one of the six largest companies in the petroleum sector in the world. Its main competitors are British Petroleum (BP), Chevron, Exxon Mobil, ConocoPhillips and Shell. The energy market has changed significantly in recent years. Indeed, Europe has decided to open this market to international competition. Whether it is electricity or gas, the opening up to competition has developed new market shares, starting with electricity in 1996 and gas in 1998.
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