Stricter security rules are needed for the oil industry, according to Total’s Chief Executive Christophe De Margerie. In an interview with the ‘Wall Street Journal’, Mr. De Margerie referred back to the BP disaster’s aftermath: “We aim to have a zero risk policy. That means extra attention to detail and, potentially, extra costs; that also translates into slight delays before announcing new projects.” Furthermore, all these elements “will end up having a negative impact on oil prices”. According to Mr Margerie, oil prices .