Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > TotalEnergies forms Middle East trading venture with Bahrain's Bapco Energies
    Finance
    TotalEnergies forms Middle East trading venture with Bahrain's Bapco Energies

    Published by Global Banking and Finance Review

    Posted on January 14, 2026

    Featured image for article about Finance
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:partnershipTradingoil and gasrenewable energyjoint venture

    TotalEnergies and Bapco Energies Launch Joint Trading Venture in Bahrain

    TotalEnergies and Bapco Energies Joint Venture

    By America Hernandez

    Overview of the Joint Venture

    PARIS, Jan 14 (Reuters) - French oil major TotalEnergies has formed a 50-50 joint venture with Bahrain's Bapco Energies called BxT Trading, it said on Wednesday.

    Impact on Bahrain's Oil Industry

    The Middle East-focused venture will trade in relation to products from Bapco's 267,000 barrels-per-day Sitra refinery.

    Future Plans for Sitra Refinery

    The partnership builds on a 2024 deal under which Total agreed to help expand and modernise Sitra to reach throughput capacity of 380,000 barrels per day and share the French firm's trading expertise, while exploring options to partner with Bahrain on projects in renewable energy or liquefied natural gas.

    "Through this partnership with TotalEnergies we are enhancing our global trading capabilities, strengthening our downstream value chain, and reinforcing Bahrain's position as a competitive and trusted player in the international energy markets," Bapco Energies Chairman Shaikh Nasser bin Hamad Al Khalifa said in a statement.

    TotalEnergies CEO Patrick Pouyanne said the joint venture strengthened Total's Middle East presence

    The two executives held a signing ceremony on Tuesday in Abu Dhabi.

    (Reporting by America Hernandez in Paris. Editing by Mark Potter)

    Frequently Asked Questions about TotalEnergies forms Middle East trading venture with Bahrain's Bapco Energies
    1What is a joint venture?

    A joint venture is a business arrangement where two or more parties agree to pool their resources for a specific task, sharing profits, losses, and control of the enterprise.

    2What is a refinery?

    A refinery is an industrial facility that processes crude oil into useful products such as gasoline, diesel, and other petrochemicals.

    3What is renewable energy?

    Renewable energy is energy derived from natural processes that are continuously replenished, such as solar, wind, and hydroelectric power.

    4What is downstream value chain?

    The downstream value chain refers to the processes involved in refining crude oil and distributing the final products to consumers.

    More from Finance

    Explore more articles in the Finance category

    Finland to acquire anti-personnel landmines and start training staff
    Finland to acquire anti-personnel landmines and start training staff
    Germany's DEG makes maiden bet on India debt fund via Vivriti's GIFT City vehicle, sources say
    Germany's DEG makes maiden bet on India debt fund via Vivriti's GIFT City vehicle, sources say
    Economic confrontation replaces armed conflict as top risk in WEF survey
    Economic confrontation replaces armed conflict as top risk in WEF survey
    Parliament appoints digital guru Fedorov as Ukraine's defence minister
    Parliament appoints digital guru Fedorov as Ukraine's defence minister
    EU to split Ukraine financial support with 30 billion euros for budget, 60 billion for military
    EU to split Ukraine financial support with 30 billion euros for budget, 60 billion for military
    Ryanair to cut Brussels Charleroi capacity due to passenger tax
    Ryanair to cut Brussels Charleroi capacity due to passenger tax
    UK regulators agree deal to co-ordinate with EU on third party providers
    UK regulators agree deal to co-ordinate with EU on third party providers
    Shell and Exxon's UK gas asset sale to Viaro Energy collapses
    Shell and Exxon's UK gas asset sale to Viaro Energy collapses
    Greek airspace blackout linked to old systems, not cyberattack, report says
    Greek airspace blackout linked to old systems, not cyberattack, report says
    RWE, SSE among winners of British offshore wind power auction
    RWE, SSE among winners of British offshore wind power auction
    Denmark and Greenland to face Vance in high-stakes White House meeting
    Denmark and Greenland to face Vance in high-stakes White House meeting
    UK's Mulberry third-quarter sales rise on strong festive demand
    UK's Mulberry third-quarter sales rise on strong festive demand
    View All Finance Posts
    Previous Finance PostAmazon to appeal against Italian antitrust fine, even after it was cut
    Next Finance PostNestle CEO apologises over infant formula recall