TotalEnergies, Bahrain’s Bapco launch joint oil products venture
The two companies said they expect the partnership to strengthen Bahrain’s competitiveness and enhance TotalEnergies’ presence in the MENA region
Walaa Alshaer/Bloomberg via Getty Images
TotalEnergies CEO Patrick Pouyanne
French energy giant TotalEnergies has formed a joint venture with Bahrain’s Bapco Energies aimed at boosting trade in petroleum products across the Middle East.
The venture called BxT Trading will handle flows from Bapco’s expanded Sitra refinery...