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Total CEO Christophe de Margerie Dies In Plane Crash At Moscow Airport

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Interfax reported Monday night that the CEO of the third-largest oil company in Europe died.

According to the report, Total CEO Christophe de Margerie died in a private plane that crashed in Moscow at the Vnukovo Airport. The crash took place before the plane left Moscow, having hit a snow patrol vehicle before collapsing on itself and catching fire.

Authorities are expected to investigate why a vehicle was on the tarmac, which is breach of basic procedure.

Oil futures remained unchanged around the event at about $81.82.

Posted-In: Christophe de Margerie TotalNews Global

 

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