French major Total enjoyed a record-breaking year on the upstream side in 2019, with both oil and gas production rising to new annual highs. Gains in the Mena region were key drivers in each category, and the firm flags up the Middle East as a core region moving forward.

Overall, Total posted adjusted net income of $11.8bn for 2019, down 13 year-on-year, while operating cash flow rose 9% to $28bn. (CONTINUED - 564 WORDS)