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TotalEnergies

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Namestring
TotalEnergies
Legal namestring
TotalEnergies SE
Company typeenum
Public
Founded yearint
1924
Descriptiontext

TotalEnergies SE is a France-headquartered, publicly traded integrated multi-energy company (Euronext Paris: FP; NYSE: TTE) founded in 1924 and rebranded from Total S.A. in 2021. Operating across approximately 120 countries with more than 100,000 employees, the company spans the full energy value chain: upstream oil and gas exploration and production (including the newly merged NEO NEXT+ entity producing over 250,000 boe/d in the UK North Sea), the world's third-largest LNG operation with 40 Mt of sales in 2024 and growth projects such as the 3.25 Mtpa ECA LNG Phase 1 in Mexico and the 1 Mtpa Marsa LNG in Oman, refining and petrochemicals (including the 460,000 bpd SATORP JV with Saudi Aramco and the $11B Amiral petrochemical expansion), and a fast-scaling renewable electricity, battery storage, green hydrogen, and CCUS portfolio targeting 100 GW of gross installed renewable capacity by 2030 (versus 34 GW today).

Revenue mechanics are diversified across one-time upstream asset development, long-term LNG SPAs and renewable PPAs with major offtakers (Google, Amazon, Microsoft, Orange, Data4 totalling more than 4 GW), spot-market trading through its Totsa desk (which generated ~$1B in Q1 2026), retail fuel at approximately 3,300 service stations in France (with regulated price caps of €1.99/l gasoline and €2.25/l diesel), and electricity and gas supply to roughly 9 million European residential and commercial customers targeted to reach 13 million by 2025. The company is investing heavily in proprietary AI/digital infrastructure including the MethaneLive monitoring center (13,000 sensors, 35 fugitive emissions detected and corrected since launch), the AUSEA airborne spectrometer, and the Pangea 5 supercomputer for subsurface and predictive AI applications.

Strategically, TotalEnergies is executing a defensive offensive: reinvesting record Q1 2026 earnings ($5.8B net profit, +51% YoY) into multi-billion-dollar joint ventures such as the $2.2B Masdar Asia-Pacific renewables platform, the Air Liquide hydrogen JV, the Bab Gas Cap concession with ADNOC, and the $10.5B GranMorgu project in Suriname, while divesting sanctioned Russian assets (Arctic LNG 2). At the same time, the company faces regulatory and litigation pressure: a Paris court has ordered it to incorporate downstream emissions into its vigilance plan, and seven U.S. states are challenging a ~$1B Trump administration buyback of its offshore wind leases.

Short descriptiontext

TotalEnergies is a France-based global integrated multi-energy company that produces and markets oil, natural gas, LNG, renewables, and electricity across roughly 120 countries. It serves governments, national oil companies, technology firms via renewable PPAs, industrial buyers, and approximately 9 million retail electricity/gas customers in Europe.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersParis, France
HQ citystring
Paris
HQ countrystring
France
HQ regionstring
Europe
Markets served

Serves global market

Offices10 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
integrated oil and gas, liquefied natural gas, renewable energy generation, petroleum refining, electricity retail supply
Industry4 codes
1Midstream Commercial Services (Capacity Marketing, Balancing & Scheduling)
CodeEUAAACALPrimaryYes
2Blending, Additization & Terminal Operations (In-Terminal Blending, Dyeing, Bio-blending)
CodeEUALAEAJPrimaryNo
3Branded Fuels Wholesaling & Jobber Distribution
CodeEUALAIABPrimaryNo
4BECCS Project Development & Integration (Permitting, FEED, EPC Interface)
CodeEUAAALAAPrimaryNo
NAICS code4 codes
  • Petroleum Refineries32411
  • Natural Gas Distribution2212
  • Fuel Dealers45721
  • Natural Gas Distribution22121
SIC code4 codes
  • Crude Petroleum & Natural Gas1311
  • Petroleum Refining2911
  • Wholesale-Petroleum Bulk Stations & Terminals5171
  • Natural Gas Transmission4922
Product category
Integrated Oil and Gas
GTM motion5 records

Each record includes

Type, Description, Source

Revenue model7 records
1Upstream Oil and Gas Production
TypeOne Time License
Description

Exploration and production of crude oil and natural gas across approximately 120 countries. Production averaged over 250,000 barrels of oil equivalent per day in 2026 from the NEO NEXT+ UK entity. Major assets in Africa (Nigeria, Angola, Congo, Libya, Mozambique, Namibia, Uganda/Tanzania), Middle East (Iraq, UAE, Qatar, Oman), Americas (Brazil, Suriname, USA, Mexico, Argentina), Europe (North Sea, France), and Asia-Pacific.

totalenergies.com
2LNG (Liquefied Natural Gas)
TypeTransaction Fee
Description

World's third-largest LNG operator with sales of 40 Mt in 2024. Leading position as exporter from the United States, shipping more than 10 Mt in 2024. ECA LNG Phase 1 project in Mexico (3.25 Mtpa capacity) produces LNG for Asia-Pacific markets. Marsa LNG project in Oman (1 Mtpa). Targeting 50% LNG volume growth between 2023 and 2030.

totalenergies.com
3Refining and Petrochemicals
TypeTransaction Fee
Description

Operates major refineries including SATORP in Saudi Arabia (460,000 bpd JV with Saudi Aramco, currently at 70% capacity following April 2026 drone attack). Also operates refineries in France, US, and other locations. Includes petrochemical complexes such as the Amiral expansion ($11B with Aramco, expected 2027).

oilprice.com
4Renewable Electricity Generation
TypeSubscription Recurring
Description

Developing and operating solar, onshore wind, and battery storage projects globally. 100 GW target for gross installed renewable electricity generation capacity by 2030. 9 GW portfolio through Masdar JV in Asia-Pacific. 34 GW generated from solar and wind in 2026. 4 GW+ of renewable power supply agreements with Google, Amazon, Microsoft, Orange, and Data4.

totalenergies.com
5Retail Fuel and EV Charging
TypeTransaction Fee
Description

Operates approximately 3,300 service stations in France with fuel price caps (€1.99/liter gasoline, €2.25/liter diesel). EV charging networks including Belib' in Paris and Blue Charge in Singapore (1,500+ charge points). Also sells electricity and gas to 9 million customers in Europe. 'Super off-peak' electricity contracts with discounts up to 60% offered in France.

connexionfrance.com
6Oil Trading
TypeTransaction Fee
Description

TotalEnergies' trading division (Totsa) conducts crude oil and product trading globally. Oil trading profits doubled to approximately $1B in Q1 2026 driven by pre-war crude buying ahead of the Iran conflict. Trades crude grades including Murban from UAE and supplies to refiners in India, Asia, and Europe.

financialpost.com
7Electricity and Gas Sales
TypeSubscription Recurring
Description

Sells electricity and gas to approximately 9 million customers in Europe as of 2021, with target of 13 million by 2025. 'Super off-peak' electricity contracts offered through EDF, TotalEnergies, Octopus Energy and Engie in France.

straitsresearch.com
Marketing channels9 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels10 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales
Pricing details4 tiers
1Retail fuel price cap in France across ~3,300 service stations
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Gasoline capped at €1.99/liter; Diesel capped at €2.25/liter. Price cap has cost approximately €200M since implementation. Measure criticized by competitors as unfair pricing.

lesechos.fr
2Super off-peak electricity contracts in France
ModelSubscriptionBilling cadenceMonthly
Notes

Discounts of up to 60% compared to standard rates. Offered by TotalEnergies, EDF, Engie, and Octopus Energy. Designed to shift consumption to times of high renewable production and lower demand.

connexionfrance.com
3Annual dividend for 2025 fiscal year
ModelSubscriptionBilling cadenceAnnual
Notes

Dividend of €3.40 per share approved at Combined Shareholders' Meeting on May 29, 2026. Represents ongoing return to shareholders on an annual basis.

investing.com
4Renewable power purchase agreements (PPAs) with technology companies
ModelSubscriptionBilling cadencePay-as-you-go
Notes

TotalEnergies has signed renewable power supply agreements exceeding 4 GW with Google, Amazon, Microsoft, Orange, and Data4. Specific pricing terms are negotiated commercially and not publicly disclosed.

straitsresearch.com
GTM typeB2B and B2C
B2B and B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 4 records shown
1Saft
Description

Battery systems and energy storage solutions subsidiary

finance.yahoo.com
+3 more records
Core offering1 text field

TotalEnergies is an integrated multi-energy company that explores, produces, refines, and markets oil and natural gas while scaling renewables, LNG, electricity, hydrogen, battery storage, and carbon capture. The company sells crude oil, LNG, refined fuels, and petrochemicals to enterprise customers and partners, while supplying retail fuel at approximately 3,300 service stations in France, electricity and gas to about 9 million European customers, and EV charging through networks in France and Singapore.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 10 values shown
  • 250,000+ barrels of oil equivalent per day production from NEO NEXT+ entity in 2026
+9 more records
Product overview1 text field

TotalEnergies is a global integrated multi-energy company producing and marketing energies across the full value chain. The company operates through distinct segments: Exploration & Production (oil, gas, renewables), Gas, Renewables & Power, and Downstream (refining, petrochemicals, marketing). Key products include LNG (third-largest global operator with 40 Mt sales in 2024), renewable electricity generation (targeting 100 GW capacity by 2030), petroleum products, and new low-carbon energies including hydrogen and CCUS. The company offers EV charging networks (Blue Charge in Singapore, Belib in Paris), battery storage solutions, and digital monitoring platforms like MethaneLive for emissions tracking. The integrated model covers exploration, production, transformation, trading, shipping, and marketing of energy products.

Product and service14 records
1LNG (Liquefied Natural Gas)
CategoryLiquefied Natural Gas
Description

Production, liquefaction, shipping, and trading of liquefied natural gas sold via long-term SPAs and spot markets. TotalEnergies is the world's third-largest LNG operator, with leading U.S. LNG export position (>10 Mt shipped in 2024) and a 50% volume growth target between 2023 and 2030. Customers include utilities, national oil companies, and trading counterparties globally.

2Oil and Gas Exploration & Production
CategoryUpstream Oil and Gas
Description

Exploration and production of crude oil and natural gas across approximately 120 countries, including deepwater, onshore, and unconventional resources. Customers include national oil companies, refiners, traders, and industrial consumers, with major assets in Africa, the Middle East, the Americas, Europe, and Asia-Pacific.

3Refining and Petrochemicals
CategoryRefining and Petrochemicals
Description

Refining of crude oil into transportation fuels and production of polymers, specialty chemicals, and petrochemical feedstocks. Includes the 460,000 bpd SATORP refinery (JV with Saudi Aramco), other refineries in France and the US, and the Amiral petrochemical complex. Serves transportation fuels markets, industrial buyers, and downstream polymer customers.

4Solar and Wind Power Generation
CategoryRenewable Electricity Generation
Description

Large-scale development, ownership, and operation of solar photovoltaic, onshore wind, and offshore wind assets (including Seagreen 1 at ~1,500 MW in Scotland and NordseeEnergies 2 at 1.5 GW in Germany). Customers include corporate buyers offtaking renewable power under long-term PPAs (Google, Amazon, Microsoft, Orange, Data4 totaling over 4 GW) and utilities.

5Battery Storage Solutions
CategoryEnergy Storage
Description

Stationary battery energy storage systems (BESS) for grid services, renewable integration, and industrial applications. Includes Saft subsidiary's high-technology lithium-ion batteries, the Dunkerque project in France (61 MWh capacity, largest in France), and Kyon Energy's German pipeline (>1,150 MW). Customers include utilities and grid operators.

6EV Charging Networks
CategoryElectric Mobility
Description

Electric vehicle charging services through the Blue Charge network in Singapore (1,500+ charge points, largest in the country) and the Belib' network in Paris. Customers include EV drivers and fleet operators seeking convenient charging infrastructure.

7Green Hydrogen
CategoryLow-Carbon Hydrogen
Description

Green hydrogen production via water electrolysis powered by renewable electricity, with a 15-year offtake agreement with RWE for 30,000 tons per year to supply RWE's Leuna refinery in Germany. Customers include industrial refiners and chemical companies seeking to replace grey hydrogen.

8Carbon Capture, Utilization and Storage (CCUS)
CategoryCarbon Management Services
Description

Carbon capture, transport, and storage services including a 25% stake in the Bayou Bend CCS project along the Texas Gulf Coast (designed to store hundreds of millions of tons of CO2) and the CO2 Techno Hub in Houston collaborating with Greentown Labs and Carbon to Value Initiative. Customers include industrial emitters and refining/petrochemical complexes seeking decarbonization pathways.

9Retail Fuel at Service Stations
CategoryRetail Fuel
Description

Sale of gasoline, diesel, and convenience retail at approximately 3,300 TotalEnergies-branded service stations in France under price caps (€1.99/L gasoline, €2.25/L diesel). Customers are French individual motorists and small businesses.

10Electricity and Gas Retail Supply
CategoryRetail Energy Supply
Description

Sale of electricity and gas to approximately 9 million residential and commercial customers in Europe (target of 13 million by 2025) via subscription contracts including 'super off-peak' tariffs with up to 60% discounts. Customers are households and small businesses across France, Belgium, and other European markets.

11Trading and Shipping (Totsa)
CategoryEnergy Trading and Shipping
Description

Crude oil, refined product, and LNG trading and shipping through the Totsa trading arm, including supply to refiners in India, Asia, and Europe (e.g., Murban crude from UAE to Hindustan Petroleum and Indian Oil Corporation). Customers are refiners, utilities, and industrial energy consumers globally.

12Flexible Power Generation
CategoryPower Generation
Description

Flexible, dispatchable power generation assets including the West Burton Energy gas-fired power plant in the UK, supporting grid stability and renewable integration. Customers are UK grid operators, utilities, and wholesale power markets.

13Renewable Natural Gas (RNG)
CategoryBioenergy / Renewable Gas
Description

Production of renewable natural gas from anaerobic digestion of food and beverage waste through the Vanguard Renewables JV. The Minnesota facility produces ~270,000 MMBtu/year fed into CenterPoint Energy's distribution system serving ~950,000 customers. Customers include natural gas utilities and end users seeking lower-carbon gas.

14LNG Bunkering
CategoryMarine Fuel Services
Description

LNG bunkering services for the marine fuel market via a 50/50 joint venture with CMA CGM, operating a 20,000 cbm dual-fuel LNG bunkering vessel on a 12-year time charter. Customers are shipping lines seeking lower-carbon marine fuel alternatives.

Scale indicator29 records

Each record includes

Type, Value, Description, Source

Partnership25 partners
Strategic tierMinorTypeImplementation/ SI/ Consulting PartnerAnnounced on2026-06-25
Description

Contract awarded to Ocean Installer to recover ~1,000 tons of subsea infrastructure from Byggve, Skirne and Atla fields in North Sea. Project scheduled for 2027: engineering, dredging, recovery, and transport to shore for recycling/reuse. Contract valued NOK 100-500M (~€9-45M).

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-24
Description

TotalEnergies entered Bab Gas Cap concession in Abu Dhabi with 10% interest alongside ADNOC (60%), BP (10%), CNPC (8%), JODCO/INPEX (5%), ZhenHua (4%), GS Energy (3%). Also holds 10% stake in Ruwais LNG project. ADNOC Onshore operates the concession targeting 1.5 Bcf/day gas production.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-24
Description

TotalEnergies (40%) operates GranMorgu project in Suriname Block 58 with APA Corporation (40%) and Staatsolie (20%). $10.5B project, Suriname's first large-scale offshore oil development. Production expected 2028. Saipem executing SURF works. Project expected to generate $500M annual FCF at $70 Brent.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-23
Description

JV between OQAE and TotalEnergies for North Oman Solar project (105 MW) at Saih Nihada within PDO Block 6 concession. First completed renewable energy asset for the partnership. Commercial operations planned Q2 2026. Part of PDO's Rawafid Projects program.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-19
Description

TotalEnergies part of consortium with Equinor (operator), Petoro, Shell, and ConocoPhillips approving ~NOK 4B (~($410-420M) investment in Troll TWIN subsea development in Norwegian North Sea. Project delivers ~11 Bcm additional gas output by 2028. Troll holds ~40% of Norway's total gas reserves.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-17
Description

Extended methane detection technology partnership (AUSEA) with NNPC for 24 months. Partnership builds on 2023 collaboration to deploy AUSEA technology across NNPC upstream operations, supporting Nigeria's decarbonization targets and near-zero methane emissions ambition by 2030.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-16
Description

EU-approved $2.2 billion joint venture between TotalEnergies and Masdar to combine onshore renewable energy activities across nine Asia-Pacific countries: Azerbaijan, Indonesia, Japan, Kazakhstan, Malaysia, Philippines, Singapore, South Korea, and Uzbekistan. 50:50 JV structure, UAE-based. Starting portfolio: 3 GW operational + 6 GW in advanced development = 9 GW total by 2030.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-06-15
Description

Entry of TotalEnergies (alongside Chevron, ConocoPhillips, Eni, Gulf Keystone, QatarEnergy) into Syrian energy sector following lifting of international sanctions. AXP Energy farm-in on Block 9 in Syria's Palmyride Basin.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-12
Description

MoU signed to advance cross-border CO2 transport network linking Germany's North Rhine-Westphalia industrial clusters to offshore CO2 storage sites in the Dutch North Sea. Focus on Delta Rhine Corridor as part of integrated Northwest European CO2 value chain.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-12
Description

50:50 JV with CMA CGM to construct and operate 20,000 cbm dual-fuel LNG bunkering vessel. $82.8M shipbuilding contract with Nantong CIMC Sinopacific. Delivery Q3 2028, 12-year time charter. JV between CMA CGM and TotalEnergies.

11OranjeWind (RWE-TotalEnergies JV) and Purus
Strategic tierMinorTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-06-10
Description

OranjeWind (RWE-TotalEnergies JV) signed 5-year agreement with Purus for commissioning service operation vessel Purus Power to maintain Dutch offshore wind farm. Diesel-electric/battery-hybrid 88m vessel of VARD 4 19 design.

rivieramm.com
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-08
Description

ECA LNG Phase 1 project in Ensenada, Mexico: JV with Sempra Infrastructure with nameplate capacity of 3.25 Mtpa. First LNG produced June 2026. Supported by long-term SPAs with TotalEnergies and Mitsui & Co. Expected substantial completion summer 2026.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-06-05
Description

Phase III joint laboratory inaugurated in Baoding, China on June 3, 2026 for joint R&D on high-efficiency transmission fluids. Partnership established in 2010, supporting global expansion through localized supply chains and standardized products.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-04
Description

Joint venture with Vanguard Renewables for anaerobic digestion facilities converting food and beverage waste into renewable natural gas. Minnesota facility processes 300+ tons/day waste, producing ~270,000 MMBtu RNG annually, enough for ~5,300 homes. RNG feeds CenterPoint Energy distribution system.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-02
Description

Four-party natural gas sales and purchase agreement signed at Baku Energy Week 2026 covering Absheron field Phase 2 development. First gas production targeted 2029 with plateau output exceeding 4 Bcm/year. Approximately half of production committed to Turkish market. FID expected before end of 2026.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-01
Description

€600 million 50:50 joint venture with Air Liquide to build 380 MW of electrolysis capacity in France and Netherlands. Also 250 MW electrolyzer project in Zeeland, Netherlands powered by offshore wind. TotalEnergies targets replacement of 500,000 tons of grey hydrogen consumption in Europe by 2030.

17RWE
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-01
Description

15-year offtake agreement with RWE for 30,000 tons per year of green hydrogen to supply RWE's Leuna refinery in Germany. Part of TotalEnergies' hydrogen strategy to displace grey hydrogen consumption in European industry.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-03-30
Description

TotalEnergies completed merger of its UK North Sea upstream assets with NEO NEXT, creating NEO NEXT+. The new entity is the largest independent oil and gas producer on the UK Continental Shelf, targeting over 250,000 boe/d production in 2026. Additional stakeholders include HitecVision and Repsol UK. Merger strengthens TotalEnergies' commitment to the UK oil and gas sector and enhances asset portfolio.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-12-04
Description

TotalEnergies signed agreement to acquire VSB Group, European renewable energy developer, from Partners Group and VSB's founder. Acquisition aims to accelerate renewable energy development in Europe, leveraging VSB's expertise and project pipeline.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-08-04
Description

TotalEnergies acquired Scatec's African hydropower assets including interests in Uganda (Bujagali), Rwanda, and Malawi. Transaction strengthens TotalEnergies' renewable energy portfolio and contributes to Africa's energy transition.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-08-01
Description

TotalEnergies acquired 100% stake in SN Power from Scatec, including 28.3% stake in Bujagali hydropower plant in Uganda and minority stakes in Malawi and Rwanda/DR Congo/Burundi hydropower projects in development. Strengthens renewable energy portfolio and Africa's energy transition.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-06-07
Description

TotalEnergies acquired West Burton Energy gas-fired power plant in the UK from EIG for £450M. Enhances TotalEnergies' renewable and flexible power generation portfolio in the UK, supporting strategic growth in energy supply and trading.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-03-18
Description

TotalEnergies acquired Talos Low Carbon Solutions, gaining stakes in Bayou Bend CCS project (Texas Gulf Coast), Harvest Bend, and Coastal Bend CCS projects. Bayou Bend designed to store hundreds of millions of tons of CO2. TotalEnergies operates CO2 Techno Hub in Houston.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-01-23
Description

TotalEnergies acquired Kyon Energy, German battery storage systems developer, for €90M including earn-out payments. Project pipeline totaling over 1,150 MW of battery storage capacity in Germany. Strengthens TotalEnergies' flexible power and battery storage portfolio.

25Blue Charge (Bolloré Group subsidiary)
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-07-28
Description

TotalEnergies acquired 'Blue Charge' EV charging network in Singapore from Bolloré Group. Network of 1,500+ charge points became largest EV charging network in Singapore upon regulatory approval. Part of Singapore's Green Plan 2030.

businesswire.com
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Shell is one of the world's largest integrated oil and gas supermajors with a comparable multi-energy strategy spanning upstream, LNG (Shell is also top-3 globally), refining, renewables, and EV charging. Direct overlap with TotalEnergies across LNG trading, renewable PPAs, and integrated downstream operations.

TypeDirect peer
Description

ExxonMobil is the largest Western integrated supermajor, operating across upstream E&P, refining and petrochemicals, LNG, and increasingly low-carbon solutions. It is the most direct comparability benchmark for TotalEnergies' integrated value chain and capex-driven growth model.

TypeDirect peer
Description

BP is a UK-headquartered integrated oil and gas major with a comparable portfolio across upstream, LNG, refining, EV charging, and renewables. BP's 'five integrated businesses' structure closely mirrors TotalEnergies' segment organization and is a benchmark for European supermajor energy transition strategy.

TypeDirect peer
Description

Chevron is a US-based integrated supermajor with operations spanning upstream E&P (including LNG through its Gorgon/Wheatstone stakes), refining, petrochemicals, and emerging renewables. Direct peer in upstream project development and LNG offtake, including joint consortium entry into the Syrian energy sector.

TypeDirect peer
Description

Eni is an Italian integrated energy major with a comparable multi-energy portfolio (upstream, gas/LNG, renewables, biofuels, retail) and similar European supermajor scale. Direct overlap in Mediterranean/African upstream, European gas marketing, and energy transition investments.

TypeDirect peer
Description

Equinor is a Norwegian integrated energy company with a comparable mix of upstream (Troll consortium partner with TotalEnergies), LNG, and renewables (Hywind, Dogger Bank). Direct overlap with TotalEnergies in North Sea operations and the energy transition strategy.

TypeBroad incumbent
Description

Saudi Aramco is the world's largest national oil company and TotalEnergies' SATORP refinery JV partner (50/50, 460,000 bpd). It is the most consequential counterpart in TotalEnergies' portfolio and sets the production-pricing benchmark across global oil markets.

TypeBroad incumbent
Description

ConocoPhillips is an upstream-focused US independent with which TotalEnergies co-invests in Norwegian assets (Troll TWIN consortium) and that entered the Syrian sector alongside TotalEnergies. Comparable on large-scale project development, though narrower downstream exposure.

TypeBroad incumbent
Description

Petronas is Malaysia's national oil company with an integrated portfolio spanning upstream, LNG (one of the world's largest LNG producers), downstream, and renewables. Comparable scale and integrated multi-energy model, though regionally focused on Asia-Pacific.

TypeDirect peer
Description

Sempra Infrastructure is TotalEnergies' JV partner on the ECA LNG Phase 1 project in Ensenada, Mexico (3.25 Mtpa), making it a directly relevant LNG infrastructure peer with US Gulf Coast and Mexican Pacific export capability.

Market position
Strengths5 records

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Headline, Details, Source

Weaknesses5 records

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Headline, Details, Source

Competitive moat6 records

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Type, Details

Key risks6 records

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Headline, Details, Source

Key highlights6 records

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Headline, Details, Source

Customer concentration

Classification, Details

Named customers18 records

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Name, Industry, Type, Use case, Source, UUID

Segment6 records

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Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile6 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability10 records

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Type, Description, Source

AI maturity
App detail

Has app

Feature7 records

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Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles9 records

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Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries7 records

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Name, Acquired on, Relationship type, Type, Business focus

Compliance10 records

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Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

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Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors3 records

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Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A34 records

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Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment32 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

TotalEnergies

Integrated Oil and Gastotalenergies.com

TotalEnergies is a France-based global integrated multi-energy company that produces and markets oil, natural gas, LNG, renewables, and electricity across roughly 120 countries. It serves governments, national oil companies, technology firms via renewable PPAs, industrial buyers, and approximately 9 million retail electricity/gas customers in Europe.

What TotalEnergies does

TotalEnergies SE is a France-headquartered, publicly traded integrated multi-energy company (Euronext Paris: FP; NYSE: TTE) founded in 1924 and rebranded from Total S.A. in 2021. Operating across approximately 120 countries with more than 100,000 employees, the company spans the full energy value chain: upstream oil and gas exploration and production (including the newly merged NEO NEXT+ entity producing over 250,000 boe/d in the UK North Sea), the world's third-largest LNG operation with 40 Mt of sales in 2024 and growth projects such as the 3.25 Mtpa ECA LNG Phase 1 in Mexico and the 1 Mtpa Marsa LNG in Oman, refining and petrochemicals (including the 460,000 bpd SATORP JV with Saudi Aramco and the $11B Amiral petrochemical expansion), and a fast-scaling renewable electricity, battery storage, green hydrogen, and CCUS portfolio targeting 100 GW of gross installed renewable capacity by 2030 (versus 34 GW today).

Revenue mechanics are diversified across one-time upstream asset development, long-term LNG SPAs and renewable PPAs with major offtakers (Google, Amazon, Microsoft, Orange, Data4 totalling more than 4 GW), spot-market trading through its Totsa desk (which generated ~$1B in Q1 2026), retail fuel at approximately 3,300 service stations in France (with regulated price caps of €1.99/l gasoline and €2.25/l diesel), and electricity and gas supply to roughly 9 million European residential and commercial customers targeted to reach 13 million by 2025. The company is investing heavily in proprietary AI/digital infrastructure including the MethaneLive monitoring center (13,000 sensors, 35 fugitive emissions detected and corrected since launch), the AUSEA airborne spectrometer, and the Pangea 5 supercomputer for subsurface and predictive AI applications.

Strategically, TotalEnergies is executing a defensive offensive: reinvesting record Q1 2026 earnings ($5.8B net profit, +51% YoY) into multi-billion-dollar joint ventures such as the $2.2B Masdar Asia-Pacific renewables platform, the Air Liquide hydrogen JV, the Bab Gas Cap concession with ADNOC, and the $10.5B GranMorgu project in Suriname, while divesting sanctioned Russian assets (Arctic LNG 2). At the same time, the company faces regulatory and litigation pressure: a Paris court has ordered it to incorporate downstream emissions into its vigilance plan, and seven U.S. states are challenging a ~$1B Trump administration buyback of its offshore wind leases.

TotalEnergies firmographics

Firmographics
Name
TotalEnergies
Legal name
TotalEnergies SE
Website
https://totalenergies.com
Company type
Public
Founded year
1924
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
TotalEnergies is a France-based global integrated multi-energy company that produces and markets oil, natural gas, LNG, renewables, and electricity across roughly 120 countries. It serves governments, national oil companies, technology firms via renewable PPAs, industrial buyers, and approximately 9 million retail electricity/gas customers in Europe.
Ownership category
akta.pro rank

TotalEnergies industry classification

Industry
Product category
Integrated Oil and Gas
NAICS
Petroleum Refineries (32411), Natural Gas Distribution (2212), Fuel Dealers (45721), Natural Gas Distribution (22121)
SIC
Crude Petroleum & Natural Gas (1311), Petroleum Refining (2911), Wholesale-Petroleum Bulk Stations & Terminals (5171), Natural Gas Transmission (4922)
akta.pro primary industry
Midstream Commercial Services (Capacity Marketing, Balancing & Scheduling) (EUAAACAL)
akta.pro secondary industries
Blending, Additization & Terminal Operations (In-Terminal Blending, Dyeing, Bio-blending) (EUALAEAJ), Branded Fuels Wholesaling & Jobber Distribution (EUALAIAB), BECCS Project Development & Integration (Permitting, FEED, EPC Interface) (EUAAALAA)

Keywords

  • Integrated oil and gas
  • Liquefied natural gas
  • Renewable energy generation
  • Petroleum refining
  • Electricity retail supply

Where TotalEnergies is headquartered

Location

Headquarters

HQ city
Paris
HQ country
France
HQ region
Europe

Offices10 records

Markets served

TotalEnergies business model

Business model
GTM type
B2B and B2C
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

  1. Upstream Oil and Gas Production: Exploration and production of crude oil and natural gas across approximately 120 countries. Production averaged over 250,000 barrels of oil equivalent per day in 2026 from the NEO NEXT+ UK entity. Major assets in Africa (Nigeria, Angola, Congo, Libya, Mozambique, Namibia, Uganda/Tanzania), Middle East (Iraq, UAE, Qatar, Oman), Americas (Brazil, Suriname, USA, Mexico, Argentina), Europe (North Sea, France), and Asia-Pacific.
  2. LNG (Liquefied Natural Gas): World's third-largest LNG operator with sales of 40 Mt in 2024. Leading position as exporter from the United States, shipping more than 10 Mt in 2024. ECA LNG Phase 1 project in Mexico (3.25 Mtpa capacity) produces LNG for Asia-Pacific markets. Marsa LNG project in Oman (1 Mtpa). Targeting 50% LNG volume growth between 2023 and 2030.
  3. Refining and Petrochemicals: Operates major refineries including SATORP in Saudi Arabia (460,000 bpd JV with Saudi Aramco, currently at 70% capacity following April 2026 drone attack). Also operates refineries in France, US, and other locations. Includes petrochemical complexes such as the Amiral expansion ($11B with Aramco, expected 2027).
  4. Renewable Electricity Generation: Developing and operating solar, onshore wind, and battery storage projects globally. 100 GW target for gross installed renewable electricity generation capacity by 2030. 9 GW portfolio through Masdar JV in Asia-Pacific. 34 GW generated from solar and wind in 2026. 4 GW+ of renewable power supply agreements with Google, Amazon, Microsoft, Orange, and Data4.
  5. Retail Fuel and EV Charging: Operates approximately 3,300 service stations in France with fuel price caps (€1.99/liter gasoline, €2.25/liter diesel). EV charging networks including Belib' in Paris and Blue Charge in Singapore (1,500+ charge points). Also sells electricity and gas to 9 million customers in Europe. 'Super off-peak' electricity contracts with discounts up to 60% offered in France.
  6. Oil Trading: TotalEnergies' trading division (Totsa) conducts crude oil and product trading globally. Oil trading profits doubled to approximately $1B in Q1 2026 driven by pre-war crude buying ahead of the Iran conflict. Trades crude grades including Murban from UAE and supplies to refiners in India, Asia, and Europe.
  7. Electricity and Gas Sales: Sells electricity and gas to approximately 9 million customers in Europe as of 2021, with target of 13 million by 2025. 'Super off-peak' electricity contracts offered through EDF, TotalEnergies, Octopus Energy and Engie in France.

Pricing tiers

ModelBillingPrice
Unit PricingPay-as-you-goRetail fuel price cap in France across ~3,300 service stations
SubscriptionMonthlySuper off-peak electricity contracts in France
SubscriptionAnnualAnnual dividend for 2025 fiscal year
SubscriptionPay-as-you-goRenewable power purchase agreements (PPAs) with technology companies

Go-to-market motion5 records

Distribution channels10 records

Marketing channels9 records

TotalEnergies product offering

Product offering

Core offering

TotalEnergies is an integrated multi-energy company that explores, produces, refines, and markets oil and natural gas while scaling renewables, LNG, electricity, hydrogen, battery storage, and carbon capture. The company sells crude oil, LNG, refined fuels, and petrochemicals to enterprise customers and partners, while supplying retail fuel at approximately 3,300 service stations in France, electricity and gas to about 9 million European customers, and EV charging through networks in France and Singapore.

Product overview

TotalEnergies is a global integrated multi-energy company producing and marketing energies across the full value chain. The company operates through distinct segments: Exploration & Production (oil, gas, renewables), Gas, Renewables & Power, and Downstream (refining, petrochemicals, marketing). Key products include LNG (third-largest global operator with 40 Mt sales in 2024), renewable electricity generation (targeting 100 GW capacity by 2030), petroleum products, and new low-carbon energies including hydrogen and CCUS. The company offers EV charging networks (Blue Charge in Singapore, Belib in Paris), battery storage solutions, and digital monitoring platforms like MethaneLive for emissions tracking. The integrated model covers exploration, production, transformation, trading, shipping, and marketing of energy products.

Differentiator

Problem solved

Functional benefit

Brands

  • Saft: Battery systems and energy storage solutions subsidiary
  • Hutchinson
  • OranjeWind
  • West Burton Energy

Products and services

  • LNG (Liquefied Natural Gas) Production, liquefaction, shipping, and trading of liquefied natural gas sold via long-term SPAs and spot markets. TotalEnergies is the world's third-largest LNG operator, with leading U.S. LNG export position (>10 Mt shipped in 2024) and a 50% volume growth target between 2023 and 2030. Customers include utilities, national oil companies, and trading counterparties globally.
  • Oil and Gas Exploration & Production Exploration and production of crude oil and natural gas across approximately 120 countries, including deepwater, onshore, and unconventional resources. Customers include national oil companies, refiners, traders, and industrial consumers, with major assets in Africa, the Middle East, the Americas, Europe, and Asia-Pacific.
  • Refining and Petrochemicals Refining of crude oil into transportation fuels and production of polymers, specialty chemicals, and petrochemical feedstocks. Includes the 460,000 bpd SATORP refinery (JV with Saudi Aramco), other refineries in France and the US, and the Amiral petrochemical complex. Serves transportation fuels markets, industrial buyers, and downstream polymer customers.
  • Solar and Wind Power Generation Large-scale development, ownership, and operation of solar photovoltaic, onshore wind, and offshore wind assets (including Seagreen 1 at ~1,500 MW in Scotland and NordseeEnergies 2 at 1.5 GW in Germany). Customers include corporate buyers offtaking renewable power under long-term PPAs (Google, Amazon, Microsoft, Orange, Data4 totaling over 4 GW) and utilities.
  • Battery Storage Solutions Stationary battery energy storage systems (BESS) for grid services, renewable integration, and industrial applications. Includes Saft subsidiary's high-technology lithium-ion batteries, the Dunkerque project in France (61 MWh capacity, largest in France), and Kyon Energy's German pipeline (>1,150 MW). Customers include utilities and grid operators.
  • EV Charging Networks Electric vehicle charging services through the Blue Charge network in Singapore (1,500+ charge points, largest in the country) and the Belib' network in Paris. Customers include EV drivers and fleet operators seeking convenient charging infrastructure.
  • Green Hydrogen Green hydrogen production via water electrolysis powered by renewable electricity, with a 15-year offtake agreement with RWE for 30,000 tons per year to supply RWE's Leuna refinery in Germany. Customers include industrial refiners and chemical companies seeking to replace grey hydrogen.
  • Carbon Capture, Utilization and Storage (CCUS) Carbon capture, transport, and storage services including a 25% stake in the Bayou Bend CCS project along the Texas Gulf Coast (designed to store hundreds of millions of tons of CO2) and the CO2 Techno Hub in Houston collaborating with Greentown Labs and Carbon to Value Initiative. Customers include industrial emitters and refining/petrochemical complexes seeking decarbonization pathways.
  • Retail Fuel at Service Stations Sale of gasoline, diesel, and convenience retail at approximately 3,300 TotalEnergies-branded service stations in France under price caps (€1.99/L gasoline, €2.25/L diesel). Customers are French individual motorists and small businesses.
  • Electricity and Gas Retail Supply Sale of electricity and gas to approximately 9 million residential and commercial customers in Europe (target of 13 million by 2025) via subscription contracts including 'super off-peak' tariffs with up to 60% discounts. Customers are households and small businesses across France, Belgium, and other European markets.
  • Trading and Shipping (Totsa) Crude oil, refined product, and LNG trading and shipping through the Totsa trading arm, including supply to refiners in India, Asia, and Europe (e.g., Murban crude from UAE to Hindustan Petroleum and Indian Oil Corporation). Customers are refiners, utilities, and industrial energy consumers globally.
  • Flexible Power Generation Flexible, dispatchable power generation assets including the West Burton Energy gas-fired power plant in the UK, supporting grid stability and renewable integration. Customers are UK grid operators, utilities, and wholesale power markets.
  • Renewable Natural Gas (RNG) Production of renewable natural gas from anaerobic digestion of food and beverage waste through the Vanguard Renewables JV. The Minnesota facility produces ~270,000 MMBtu/year fed into CenterPoint Energy's distribution system serving ~950,000 customers. Customers include natural gas utilities and end users seeking lower-carbon gas.
  • LNG Bunkering LNG bunkering services for the marine fuel market via a 50/50 joint venture with CMA CGM, operating a 20,000 cbm dual-fuel LNG bunkering vessel on a 12-year time charter. Customers are shipping lines seeking lower-carbon marine fuel alternatives.

Quantifiable outcome

  • 250,000+ barrels of oil equivalent per day production from NEO NEXT+ entity in 2026
  • +9 more outcomes

Companies that use TotalEnergies

Customer profile

Named customers18 records

Segments6 records

Ideal customer profiles6 records

TotalEnergies technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability10 records

Feature7 records

TotalEnergies partnerships and signals

Strategic signal

Partnerships

25 partnerships are on record, tiered minor and core.

  • Ocean Installer (Moreld Group)minorImplementation/ SI/ Consulting Partner · 25 June 2026Contract awarded to Ocean Installer to recover ~1,000 tons of subsea infrastructure from Byggve, Skirne and Atla fields in North Sea. Project scheduled for 2027: engineering, dredging, recovery, and transport to shore for recycling/reuse. Contract valued NOK 100-500M (~€9-45M).
  • ADNOC (Abu Dhabi National Oil Company)coreStrategic or Co-development Partner · 24 June 2026TotalEnergies entered Bab Gas Cap concession in Abu Dhabi with 10% interest alongside ADNOC (60%), BP (10%), CNPC (8%), JODCO/INPEX (5%), ZhenHua (4%), GS Energy (3%). Also holds 10% stake in Ruwais LNG project. ADNOC Onshore operates the concession targeting 1.5 Bcf/day gas production.
  • APA Corporation and StaatsoliecoreStrategic or Co-development Partner · 24 June 2026TotalEnergies (40%) operates GranMorgu project in Suriname Block 58 with APA Corporation (40%) and Staatsolie (20%). $10.5B project, Suriname's first large-scale offshore oil development. Production expected 2028. Saipem executing SURF works. Project expected to generate $500M annual FCF at $70 Brent.
  • OQ Alternative Energies (OQAE) and Petroleum Development Oman (PDO)coreStrategic or Co-development Partner · 23 June 2026JV between OQAE and TotalEnergies for North Oman Solar project (105 MW) at Saih Nihada within PDO Block 6 concession. First completed renewable energy asset for the partnership. Commercial operations planned Q2 2026. Part of PDO's Rawafid Projects program.
  • Equinor, Petoro, Shell, ConocoPhillipscoreStrategic or Co-development Partner · 19 June 2026TotalEnergies part of consortium with Equinor (operator), Petoro, Shell, and ConocoPhillips approving ~NOK 4B (~($410-420M) investment in Troll TWIN subsea development in Norwegian North Sea. Project delivers ~11 Bcm additional gas output by 2028. Troll holds ~40% of Norway's total gas reserves.
  • NNPC (Nigerian National Petroleum Company)coreStrategic or Co-development Partner · 17 June 2026Extended methane detection technology partnership (AUSEA) with NNPC for 24 months. Partnership builds on 2023 collaboration to deploy AUSEA technology across NNPC upstream operations, supporting Nigeria's decarbonization targets and near-zero methane emissions ambition by 2030.
  • Masdar (Abu Dhabi Future Energy Company)coreStrategic or Co-development Partner · 16 June 2026EU-approved $2.2 billion joint venture between TotalEnergies and Masdar to combine onshore renewable energy activities across nine Asia-Pacific countries: Azerbaijan, Indonesia, Japan, Kazakhstan, Malaysia, Philippines, Singapore, South Korea, and Uzbekistan. 50:50 JV structure, UAE-based. Starting portfolio: 3 GW operational + 6 GW in advanced development = 9 GW total by 2030.
  • AXP Energy, Simpora Latakia LimitedminorStrategic or Co-development Partner · 15 June 2026Entry of TotalEnergies (alongside Chevron, ConocoPhillips, Eni, Gulf Keystone, QatarEnergy) into Syrian energy sector following lifting of international sanctions. AXP Energy farm-in on Block 9 in Syria's Palmyride Basin.
  • Gasunie, EBN, Eni, OGE, ShellcoreStrategic or Co-development Partner · 12 June 2026MoU signed to advance cross-border CO2 transport network linking Germany's North Rhine-Westphalia industrial clusters to offshore CO2 storage sites in the Dutch North Sea. Focus on Delta Rhine Corridor as part of integrated Northwest European CO2 value chain.
  • CMA CGMcoreStrategic or Co-development Partner · 12 June 202650:50 JV with CMA CGM to construct and operate 20,000 cbm dual-fuel LNG bunkering vessel. $82.8M shipbuilding contract with Nantong CIMC Sinopacific. Delivery Q3 2028, 12-year time charter. JV between CMA CGM and TotalEnergies.
  • OranjeWind (RWE-TotalEnergies JV) and PurusminorChannel Partner/ Reseller/ Distributor · 10 June 2026OranjeWind (RWE-TotalEnergies JV) signed 5-year agreement with Purus for commissioning service operation vessel Purus Power to maintain Dutch offshore wind farm. Diesel-electric/battery-hybrid 88m vessel of VARD 4 19 design.
  • Sempra InfrastructurecoreStrategic or Co-development Partner · 8 June 2026ECA LNG Phase 1 project in Ensenada, Mexico: JV with Sempra Infrastructure with nameplate capacity of 3.25 Mtpa. First LNG produced June 2026. Supported by long-term SPAs with TotalEnergies and Mitsui & Co. Expected substantial completion summer 2026.
  • Great Wall MotorminorStrategic or Co-development Partner · 5 June 2026Phase III joint laboratory inaugurated in Baoding, China on June 3, 2026 for joint R&D on high-efficiency transmission fluids. Partnership established in 2010, supporting global expansion through localized supply chains and standardized products.
  • Vanguard RenewablescoreStrategic or Co-development Partner · 4 June 2026Joint venture with Vanguard Renewables for anaerobic digestion facilities converting food and beverage waste into renewable natural gas. Minnesota facility processes 300+ tons/day waste, producing ~270,000 MMBtu RNG annually, enough for ~5,300 homes. RNG feeds CenterPoint Energy distribution system.
  • SOCAR (Azerbaijan State Oil Company), ADNOC International (XRG), BOTAS (Turkey)coreStrategic or Co-development Partner · 2 June 2026Four-party natural gas sales and purchase agreement signed at Baku Energy Week 2026 covering Absheron field Phase 2 development. First gas production targeted 2029 with plateau output exceeding 4 Bcm/year. Approximately half of production committed to Turkish market. FID expected before end of 2026.
  • Air LiquidecoreStrategic or Co-development Partner · 1 June 2026€600 million 50:50 joint venture with Air Liquide to build 380 MW of electrolysis capacity in France and Netherlands. Also 250 MW electrolyzer project in Zeeland, Netherlands powered by offshore wind. TotalEnergies targets replacement of 500,000 tons of grey hydrogen consumption in Europe by 2030.
  • RWEcoreStrategic or Co-development Partner · 1 June 202615-year offtake agreement with RWE for 30,000 tons per year of green hydrogen to supply RWE's Leuna refinery in Germany. Part of TotalEnergies' hydrogen strategy to displace grey hydrogen consumption in European industry.
  • NEO NEXT+ (NEO NEXT, HitecVision, Repsol UK)coreStrategic or Co-development Partner · 30 March 2026TotalEnergies completed merger of its UK North Sea upstream assets with NEO NEXT, creating NEO NEXT+. The new entity is the largest independent oil and gas producer on the UK Continental Shelf, targeting over 250,000 boe/d production in 2026. Additional stakeholders include HitecVision and Repsol UK. Merger strengthens TotalEnergies' commitment to the UK oil and gas sector and enhances asset portfolio.
  • VSB Group (from Partners Group and VSB founder)coreStrategic or Co-development Partner · 4 December 2024TotalEnergies signed agreement to acquire VSB Group, European renewable energy developer, from Partners Group and VSB's founder. Acquisition aims to accelerate renewable energy development in Europe, leveraging VSB's expertise and project pipeline.
  • Scatec (Norwegian renewable energy company)coreStrategic or Co-development Partner · 4 August 2024TotalEnergies acquired Scatec's African hydropower assets including interests in Uganda (Bujagali), Rwanda, and Malawi. Transaction strengthens TotalEnergies' renewable energy portfolio and contributes to Africa's energy transition.
  • SN Power (Scatec subsidiary)coreStrategic or Co-development Partner · 1 August 2024TotalEnergies acquired 100% stake in SN Power from Scatec, including 28.3% stake in Bujagali hydropower plant in Uganda and minority stakes in Malawi and Rwanda/DR Congo/Burundi hydropower projects in development. Strengthens renewable energy portfolio and Africa's energy transition.
  • West Burton Energy / EIGcoreStrategic or Co-development Partner · 7 June 2024TotalEnergies acquired West Burton Energy gas-fired power plant in the UK from EIG for £450M. Enhances TotalEnergies' renewable and flexible power generation portfolio in the UK, supporting strategic growth in energy supply and trading.
  • Talos Low Carbon SolutionscoreStrategic or Co-development Partner · 18 March 2024TotalEnergies acquired Talos Low Carbon Solutions, gaining stakes in Bayou Bend CCS project (Texas Gulf Coast), Harvest Bend, and Coastal Bend CCS projects. Bayou Bend designed to store hundreds of millions of tons of CO2. TotalEnergies operates CO2 Techno Hub in Houston.
  • Kyon EnergycoreStrategic or Co-development Partner · 23 January 2024TotalEnergies acquired Kyon Energy, German battery storage systems developer, for €90M including earn-out payments. Project pipeline totaling over 1,150 MW of battery storage capacity in Germany. Strengthens TotalEnergies' flexible power and battery storage portfolio.
  • Blue Charge (Bolloré Group subsidiary)coreStrategic or Co-development Partner · 28 July 2021TotalEnergies acquired 'Blue Charge' EV charging network in Singapore from Bolloré Group. Network of 1,500+ charge points became largest EV charging network in Singapore upon regulatory approval. Part of Singapore's Green Plan 2030.

Scale indicators29 records

Recent moves6 records

Expansion highlights6 records

TotalEnergies competitors and assessment

Company assessment

Direct peers

  • Shell: Shell is one of the world's largest integrated oil and gas supermajors with a comparable multi-energy strategy spanning upstream, LNG (Shell is also top-3 globally), refining, renewables, and EV charging. Direct overlap with TotalEnergies across LNG trading, renewable PPAs, and integrated downstream operations.
  • ExxonMobil: ExxonMobil is the largest Western integrated supermajor, operating across upstream E&P, refining and petrochemicals, LNG, and increasingly low-carbon solutions. It is the most direct comparability benchmark for TotalEnergies' integrated value chain and capex-driven growth model.
  • BP: BP is a UK-headquartered integrated oil and gas major with a comparable portfolio across upstream, LNG, refining, EV charging, and renewables. BP's 'five integrated businesses' structure closely mirrors TotalEnergies' segment organization and is a benchmark for European supermajor energy transition strategy.
  • Chevron: Chevron is a US-based integrated supermajor with operations spanning upstream E&P (including LNG through its Gorgon/Wheatstone stakes), refining, petrochemicals, and emerging renewables. Direct peer in upstream project development and LNG offtake, including joint consortium entry into the Syrian energy sector.
  • Eni: Eni is an Italian integrated energy major with a comparable multi-energy portfolio (upstream, gas/LNG, renewables, biofuels, retail) and similar European supermajor scale. Direct overlap in Mediterranean/African upstream, European gas marketing, and energy transition investments.
  • Equinor: Equinor is a Norwegian integrated energy company with a comparable mix of upstream (Troll consortium partner with TotalEnergies), LNG, and renewables (Hywind, Dogger Bank). Direct overlap with TotalEnergies in North Sea operations and the energy transition strategy.
  • Sempra Infrastructure: Sempra Infrastructure is TotalEnergies' JV partner on the ECA LNG Phase 1 project in Ensenada, Mexico (3.25 Mtpa), making it a directly relevant LNG infrastructure peer with US Gulf Coast and Mexican Pacific export capability.

Broad incumbents

  • Saudi Aramco: Saudi Aramco is the world's largest national oil company and TotalEnergies' SATORP refinery JV partner (50/50, 460,000 bpd). It is the most consequential counterpart in TotalEnergies' portfolio and sets the production-pricing benchmark across global oil markets.
  • ConocoPhillips: ConocoPhillips is an upstream-focused US independent with which TotalEnergies co-invests in Norwegian assets (Troll TWIN consortium) and that entered the Syrian sector alongside TotalEnergies. Comparable on large-scale project development, though narrower downstream exposure.
  • Petronas: Petronas is Malaysia's national oil company with an integrated portfolio spanning upstream, LNG (one of the world's largest LNG producers), downstream, and renewables. Comparable scale and integrated multi-energy model, though regionally focused on Asia-Pacific.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

TotalEnergies social profiles

Digital presence

TotalEnergies compliance and trust

Trust signal

Compliance10 records

TotalEnergies financial estimates

Financial estimate

Revenue estimate

Valuation estimate

TotalEnergies leadership team

Management profile

Number of profiles

Profiles9 records

TotalEnergies subsidiaries and ownership

Company hierarchy

Subsidiaries7 records

TotalEnergies funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

TotalEnergies M&A and investment

M&A and investment

M&A34 records

Investments32 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TotalEnergies

What does TotalEnergies do?

TotalEnergies is an integrated multi-energy company that explores, produces, refines, and markets oil and natural gas while scaling renewables, LNG, electricity, hydrogen, battery storage, and carbon capture. The company sells crude oil, LNG, refined fuels, and petrochemicals to enterprise customers and partners, while supplying retail fuel at approximately 3,300 service stations in France, electricity and gas to about 9 million European customers, and EV charging through networks in France and Singapore.

Is TotalEnergies a public or private company?

TotalEnergies is a public company. It is classified as public and is currently operating.

When was TotalEnergies founded?

TotalEnergies was founded in 1924. It employs 5,001 to 10,000 people.

Where is TotalEnergies based?

TotalEnergies is headquartered in Paris, France, in the Europe region.

How does TotalEnergies make money?

Seven revenue lines are on record. Upstream Oil and Gas Production is the primary driver. The others are LNG (Liquefied Natural Gas), refining and Petrochemicals, renewable Electricity Generation, retail Fuel and EV Charging, oil Trading and electricity and Gas Sales.

Who are TotalEnergies's main competitors?

Direct peers on record are Shell, ExxonMobil, BP, Chevron, Eni, Equinor and Sempra Infrastructure. Broad incumbents are Saudi Aramco, ConocoPhillips and Petronas.

Does TotalEnergies have an API?

No public API is recorded for TotalEnergies.

What industry is TotalEnergies in?

TotalEnergies's product category is Integrated Oil and Gas. Its primary akta.pro industry code is EUAAACAL, Midstream Commercial Services (Capacity Marketing, Balancing & Scheduling), with a secondary code of EUALAEAJ, Blending, Additization & Terminal Operations (In-Terminal Blending, Dyeing, Bio-blending). Its NAICS code is 32411 and its SIC code is 1311.

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Live signals
The Times of IndiaIran war pushes oil industry to rethink just-in-time supply chains, bypass routesOil majors including TotalEnergies, BP, Chevron, and Kuwait Petroleum are exploring alternative pipelines and export routes to bypass the Gulf and Red Sea amid Iran war attacks. The disruptions have cut energy exports, boosting global prices and inflation. Companies are shifting from just-in-time to just-in-case supply chain strategies.Les EchosEntre les supermarchés, la guerre des bornes électriques fait rageE.Leclerc has launched a new electric charging tariff of 0.17 euro per kWh on standard 22 kW points, making it the cheapest on the market. The rate allows recharging 100 km for under 3 euros, positioning the retailer against TotalEnergies' fuel price caps.Offshore NewsChevron Joins SLB, TotalEnergies Digital Subsurface CollaborationChevron has joined SLB and TotalEnergies' Arena digital subsurface collaboration, becoming its second global operator. Chevron will contribute investment, intellectual property, and technical expertise in uncertainty analysis and optimization. The collaboration aims to develop scalable digital subsurface technologies for reservoir engineering and geoscience.TrendChevron joins SLB-TotalEnergies digital subsurface technology collaborationChevron joined the SLB-TotalEnergies Arena collaboration to develop digital subsurface technologies. Chevron will contribute investment, intellectual property, and expertise in uncertainty analysis and optimization. The initiative aims to improve decision-making for complex reservoirs and subsurface data.World OilChevron joins SLB, TotalEnergies digital subsurface technology collaborationChevron joined SLB and TotalEnergies' Arena digital subsurface collaboration, contributing investment, intellectual property, and technical expertise. The initiative, established in 2024, focuses on reservoir engineering and geoscience technologies, with Chevron bringing uncertainty analysis and optimization skills. The companies aim to shorten feedback loops and improve decision quality.Les Echos« Je préfère un monde de bouleversements à un monde paisible » : le discours sans fard du patron de TotalEnergiesTotalEnergies CEO Patrick Pouyanné said at a London forum that he prefers a world of upheavals over peace, as turmoil creates more opportunities and profit. He previously defended the company's record profits since the Middle East conflict, saying it has no need to apologize for success.BorsenTotal Energies-topchef: "Jeg foretrækker en verden i uro"Total Energies CEO Patrick Pouyanné said at the Energy Intelligence Forum that he prefers a world in turmoil over peace. He explained that current geopolitical tensions create business opportunities for energy companies across the value chain, including oil, gas, and diesel.Yahoo3 Oil Stocks Retail Investors Are Watching As Diesel Tightness Keeps Refiners In FocusThree G7 integrated oil and refiners—HF Sinclair, TotalEnergies, and Imperial Oil—are profiled for diesel tightness and policy shifts. HF Sinclair generates $27.7B from refining, TotalEnergies $128.3B, and Imperial Oil $57.3B, with market values near $20.2B, €165.5B, and $86.7B respectively. The article notes ongoing expansion and efficiency improvements as key factors.AmbitoArgentina Week finalizó con la energía en el centro de la escena: reunión clave de gobernadores y los anuncios de inversiónArgentina Week in Paris concluded with energy as the focus, as provincial governors met with the International Energy Agency. The event featured investment announcements totaling over $27 billion, including projects from TotalEnergies, Pluspetrol, and Glencore. The meeting also discussed opportunities for Argentina to become a global energy provider.El CronistaArgentina Week: u$s 27.000 millones en anuncios de inversión, ¿cuáles fueron los proyectos?Argentina Week in Paris saw investment announcements totaling $27 billion, with TotalEnergies, Pluspetrol, and Glencore among the companies. TotalEnergies announced $10 billion in Neuquén and Tierra del Fuego, while Pluspetrol and GyP committed $12.4 billion for Vaca Muerta. The event featured 500 European CEOs and Argentine officials.