Total SA CEO on OPEC, U.S.-Russia Relations, Geopolitics

The video discusses the oil market, focusing on OPEC's production cuts, the impact of shale oil, and market volatility. It explores geopolitical risks in oil investments, particularly in Brazil and Iran, and examines US relations and climate change policies. The role of multinationals in globalization and their national responsibilities are highlighted, along with the stability of the Middle East, emphasizing Iran and Saudi Arabia.

What is the main reason for Russia's involvement in the OPEC agreement?

• To increase oil prices

• To support Saudi Arabia's policy change

• To compete with the US shale industry

• To reduce its own oil production

Why is investing in the Permian Basin considered expensive?

• Due to high land prices

• Because of low oil prices

• Because of environmental regulations

• Due to lack of infrastructure

What is the primary concern regarding the continuation of OPEC's production cuts?

• Rising oil prices

• Compliance of member countries

• Decreasing global demand

• Increasing US shale production

How does the speaker view the partnership with Petrobras in Brazil?

• As a financial burden

• As a temporary arrangement

• As a strategic necessity

• As unnecessary

What is the speaker's stance on investing in Iran post-Trump's election?

• They are waiting for EU guidance

• They are hesitant due to new sanctions

• They are optimistic about continuing

• They plan to withdraw investments

What is the speaker's view on the US-Russia relationship?

• It is a source of economic growth

• It is irrelevant to their business

• It is an opportunity for dialogue

• It is a major risk

How does the speaker perceive the US's approach to climate change?

• As proactive and leading

• As dismissive and unimportant

• As economically driven

• As heavily regulated

What is the speaker's opinion on globalization?

• It is detrimental to local economies

• It is beneficial and necessary

• It should be limited

• It is a temporary trend

What challenge does Saudi Arabia face according to the speaker?

• Population growth and distribution

• Economic diversification

• Political instability

• Lack of oil reserves

How does the speaker view the role of multinational companies?

• As citizens of nowhere

• As politically neutral

• As having a specific nationality

• As purely profit-driven