MOSCOW, Oct 21 - The chief executive of French oil major Total, Christophe de Margerie, was killed in an airplane collision with a snowplow at Moscow's Vnukovo International Airport, airport spokeswoman Elena Krylova said on Tuesday. "Tonight, a plane crashed when it collided with a snow-clearing machine. Three crew members and a passenger died. I can confirm that the passenger was Total's head de Margerie," she said. The collision occurred during takeoff of the Dassault Falcon business jet in which de Margerie was a passenger late on Monday, just minutes before midnight Moscow time, an airport statement said. The plane was due to travel to Paris. Total representatives were not immediately reachable for comment. De Margerie was on a list of attendees at a Russian government meeting on foreign investment in Gorki, near Moscow, on Monday. De Margerie, 63, a graduate of the Ecole Superieure de Commerce business school in Paris, became chief executive officer of Total in February 2007, taking on the additional role of chairman in May 2010, after previously running its exploration and production division. Total SA is France's second-biggest listed company with a market value of 102 billion euros and the West's fourth biggest oil and gas group. The company cut its 2017 oil output goal last month and said it would step up asset sales and overhaul exploration. Like other big oil companies, Total has been under pressure from shareholders to cut costs and raise dividends as rising costs in the industry and weaker oil prices squeeze profitability. De Margerie said in July that he should be judged based on new projects launched under his watch, such as a string of African fields. He also said then that Total would seek a successor from within the company rather than an outsider. Total is one of the top foreign investors in Russia, but its future there grew cloudy after the July 17 downing of a Malaysian passenger airliner over Ukrainian territory held by pro-Russian rebels worsened the oil-rich country's relations with the West and raised the threat of deeper sanctions. Total said last month that sanctions would not stop it working on the Yamal project - a $27 billion joint venture investment to tap vast natural gas reserves in northwest Siberia that aims to double Russia's stake in the fast-growing market for liquefied natural gas. De Margerie said then that Europe could not live without Russian gas, adding that there was no reason to do so.
More

Halal flavors: A unique Ramadan culinary market in Ho Chi Minh City
Operating only during the holy month, it has become a cherished event, drawing crowds eager to explore its rich and diverse flavors
Read more

COVID-19 shut us down five years ago. Here's how its economic impact continues
Though the immediate shock has passed, COVID-19's legacy continues to reshape global economies and markets
1 day ago
Mark Carney wins race to replace Trudeau as Canada's prime minister
Former central banker Mark Carney will succeed Justin Trudeau as prime minister
15 hours ago
Foxconn unveils first large language model
The model was trained using 120 of Nvidia’s H100 GPUs and completed in about four weeks
14 hours ago
Floods hit eastern Australia, 190,000 properties blacked out
Torrential rain from the remnants of Cyclone Alfred flooded swathes of Australia's east coast on Monday, as workers battled to restore power to more than 190,000 homes and businesses
16 hours ago
The end of cheap palm oil? Output stalls as biodiesel demand surges
Palm oil makes up more than half of global vegetable oil shipments
15 hours agoHighlights

1,000km journey to bring light: Heartfelt gift of cornea donation in Vietnam
His family members expected to extend their father’s light to those who are visually impaired
Latest news

1,000km journey to bring light: Heartfelt gift of cornea donation in Vietnam
His family members expected to extend their father’s light to those who are visually impaired

Foxconn unveils first large language model
The model was trained using 120 of Nvidia’s H100 GPUs and completed in about four weeks

Ho Chi Minh City airport authority denies rumor of T3 terminal opening on May 5
Rumors that the T3 terminal would officially open on May 5 have sparked public interest

Mark Carney wins race to replace Trudeau as Canada's prime minister
Former central banker Mark Carney will succeed Justin Trudeau as prime minister

The end of cheap palm oil? Output stalls as biodiesel demand surges
Palm oil makes up more than half of global vegetable oil shipments

Miss Global apologizes as Vietnamese audience oppose China’s illegal ‘9-dash line’ in pageant clip
Many Vietnamese viewers strongly protested when they saw the clip displaying the illicit ‘nine-dash line' during the contest’s final round on Sunday

Vietnam, Indonesia forge stronger economic ties at Jakarta business dialogue
The event marked the 70th anniversary of Vietnam-Indonesia diplomatic ties

Floods hit eastern Australia, 190,000 properties blacked out
Torrential rain from the remnants of Cyclone Alfred flooded swathes of Australia's east coast on Monday, as workers battled to restore power to more than 190,000 homes and businesses

Argentina declares national mourning as flood death toll hits 16
Argentina announced three days of national mourning late Sunday after authorities raised the death toll from recent flash flooding to 16, with more still missing

Global art market slumps as Chinese auction sales plummet: data
The value of art sold in 2024 slumped to $9.9 billion (9.1 billion euros), the lowest level since 2009