To­tal scales back oil out­put tar­get for 2017

China Daily (Canada) - - TORONTO -

To­tal SA, Europe’s sec­ond-big­gest oil com­pany, scaled back its pro­duc­tion tar­get for 2017 as it an­nounced a fur­ther round of in­vest­ment cuts and pro­ject de­lays to pro­tect its div­i­dend. France-based To­tal ex­pects to pro­duce 2.6 mil­lion bar­rels of oil equiv­a­lent a day, com­pared with a

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