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Stock impact report

TotalEnergies and Bapco Launch Middle East Trading Joint Venture [Yahoo! Finance]

TotalEnergies SE Ordinary Shares (TTE) 
Company Research Source: Yahoo! Finance
The new entity is positioned as a competitive regional trading player, designed to maximize downstream value and broaden access to international markets for Bahraini oil products. The signing ceremony took place in Abu Dhabi and was attended by senior leadership from both sides, including Shaikh Nasser bin Hamad Al Khalifa, Chairman of Bapco Energies, and TotalEnergies CEO Patrick Pouyanné. The venture will focus on physical oil trading while also building advanced capabilities in pricing, analytics, and risk management. For Bapco Energies, the joint venture provides direct access to TotalEnergies' global trading expertise and infrastructure. This includes exposure to established international hubs in Geneva, Houston, and Singapore, as well as proven risk management and market optimization systems. The move strengthens Bahrain's downstream value chain at a time when national oil companies across the Middle East are seeking greater control over marketing and trading functions. Fo Show less Read more
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