ТОП 10:

Discuss the following with your partner before listening

An embargo happens when a country stops trading with another. In 1973, there was an embargo on oil. What effects do you think this had on the world’s economies?


Listen and complete the notes

1. After …………, industrial nations enjoyed economic growth.

2. They used huge amounts of .……….

3. A lot of oil came from countries in the ………….

4. The embargo began on the …………, 1973.

5. Prices of oil rose to …………times higher than before.

6. The New York Stock Exchange lost …………dollars in a few weeks.

7. The embargo ended in ………….

Exercise 17. Discuss.


1. What well-know foreign oil and gas companies have you heard of? Can you give any names? What countries were they set up? What countries do they operate in?

2. What Russian oil and gas companies do you know? What regions of the country do they operate in? What are their main activities? Do you know any facts from their history?


Key words: global energy provider, listed company, shareholder, petroleum refining, drill bit, down hole tool, joint venture, lubricant, cost-cutting program, licence, stake, proven reserves.

Exercise 18. Read the text.


Total at a Glance (2005 figures)

A global multi-energy provider

• World’s fourth-largest integrated listed oil and gas company

• Largest market capitalization on the Paris Bourse and the Euro zone: 130.5 billion at December 31, 2005

• 95, 000 employees (1)

• Operations in more than 130 countries

• Exploration and production operations in 41 countries

• Producer in 29 countries

• More than 500,000 shareholders

• 2005 sales: ˆ143.2 billion


Total’s operations span the entire oil and gas chain, from exploration, development and production to midstream gas, refining and marketing, and crude oil and petroleum product trading and shipping. Total is also a world-class chemicals producer, as well as having interests in coal mines, cogeneration and power generation. In addition, Total is helping to secure the future of energy through its commitment to developing renewable energies, such as wind, solar and photovoltaic power.


A leader in each of the core businesses: 2005 key indicators


• Exploration & Production: - Production: 2.49 million barrels of oil equivalent per day - Reserves: 11.1 billion barrels of oil equivalent as of December 31, 2005

• Refining & Marketing: No. 1 European Refiner-Marketer and No. 1 in Africa- Refining capacity: approximately 2.7 million barrels per day- Retail network: nearly 17,000 service stations - Sales: approximately 3.9 million barrels per day - Brands: TOTAL, Elf, Elan, AS 24

• Chemicals: Total is one of the world’s largest integrated producers and a European or global leader in each of our markets - Petrochemicals and Fertilizers, Specialties.

Shareholder base

Predominantly European (75%), held in particular by investors from France (33%), the United Kingdom, Germany, Switzerland and Belgium. Strong shareholder base in North America.

• Institutional shareholders (87%), employees (4%) and other individual shareholders (9%).

• Total S.A. is a French société anonyme (limited company) created in March 1924.

• Total is listed on the CAC 40, Dow Jones Stoxx 50, Dow Jones Euro Stoxx 50

and Dow Jones Global Titans 50 indices and the FTSE4Good, DJSI World, DJ STOXX SI, FTSE ISS CGI and ASPI Sustainable Development and Governance indices.

Words and expressions

integrated listed market capitalization shareholder to span midstream gas trading shipping commitment renewable photovoltaic power key indicator approximately fertilizer predominantly limited company объединенный, единый перечисленный рыночная капитализация акционер охватывать газ в середине потока торговля транспортировка обязательство возобновляемый, заменяемый фотоэлектрическая энергия основной критерий оценки приблизительно удобрение особенно, преимущественно общество с ограниченной ответственностью



For almost a century, Halliburton has made an indelible impression on the world. From developing breakthrough technologies and constructing monumental infrastructure projects to managing logistics for military operations, Halliburton and our predecessor companies have been leaders in the energy services and engineering and construction (E&C) industries. Halliburton has expanded through internal growth and acquisition since it was established in 1919. Major purchases include Brown & Root, an engineering and construction company, in 1962 and Dresser Industries, a major provider of integrated services and project management for the oil industry, in 1998. Dresser had acquired M.W. Kellogg, a leader in petroleum refining and petrochemical processing, technology, engineering and construction, in 1988.

About Halliburton

Halliburton adds value through the entire lifecycle of oil and gas reservoirs, starting with exploration and development, moving through production, operations, maintenance, conversion and refining, to infrastructure and abandonment. We operate in over 120 countries working in four major operating groups.

Halliburton consists of three business segments:

• Drilling, Evaluation and Digital Solutions

• Fluid Systems

• Production Optimization

These segments offer a broad array of products and services to upstream oil and gas customers worldwide, ranging from the manufacturing of drill bits and other downhole and completion tools to pressure pumping services. KBR, Halliburton’s engineering subsidiary, is a global leader in construction and project management, with a strong historical position in LNG and oil and gas projects. The company is a leading government services contractor as well.


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