Courage in business leaders can be a great asset when it’s aligned with sound strategic thinking. Here’s hoping Total’s Chief Executive, Christophe de Margerie, can succeed in his aim of developing “a bolder company”.

The plan is to allocate 80% of capital spending on exploration and production (that’s an average of $23 billion a year until 2104) because “never has the search for new energy sources been so essential.”

See the full story on: http://www.bloomberg.com/news/2012-02-10/total-plans-production-increase-asset-sales-as-profits-rise-2-.html