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TotalEnergies and Bapco Energies Establish Joint Venture for Oil Trading — ChemBrief Topics

TotalEnergies and Bapco Energies Establish Joint Venture for Oil Trading

Jan 21, 2026

TotalEnergies and Bapco Energies announced a 50-50 joint venture, BxT Trading, in Abu Dhabi to enhance oil product trading and risk management capabilities. This move strengthens TotalEnergies' strategic position in the Middle East energy market.

TotalEnergies and Bapco Energies Establish Joint Venture for Oil Trading

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