TotalEnergies
- Company typePublic
- Founded1928
- HeadquartersLa Défense, France
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
TotalEnergies firmographics
Firmographics- Name
- TotalEnergies
- Legal name
- TotalEnergies SE
- Website
- https://totalenergies.com
- Company type
- Public
- Founded year
- 1928
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Ownership category
- akta.pro rank
TotalEnergies industry classification
Industry- Product category
- Integrated Energy Production
- NAICS
- Petroleum Refineries (32411), Natural Gas Distribution (2212), Electric Power Generation (22111), Fuel Dealers (45721), Biomass Electric Power Generation (221117)
- SIC
- Crude Petroleum & Natural Gas (1311), Petroleum Refining (2911), Natural Gas Transmission (4922), Wholesale-Petroleum Bulk Stations & Terminals (5171)
- akta.pro primary industry
- Midstream Commercial Services (Capacity Marketing, Balancing & Scheduling) (EUAAACAL)
- akta.pro secondary industries
- Carbon Accounting, MRV & Certification for BECCS (LCA, Biogenic Carbon, Registries) (EUAAALAI), Solid Biomass Fuel Wholesale & Retail Distribution (Bulk, Bagged, Residential Heating) (EUAAAJAJ), Blending, Additization & Terminal Operations (In-Terminal Blending, Dyeing, Bio-blending) (EUALAEAJ)
Keywords
Where TotalEnergies is headquartered
LocationHeadquarters
- HQ city
- La Défense
- HQ country
- France
- HQ region
- Europe
Offices1 record
Markets served
TotalEnergies business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales, Others
Revenue model
- Exploration and Production (Upstream): TotalEnergies explores for and produces oil and gas through operated and non-operated interests across Africa, Middle East, Europe, North America, and Asia-Pacific. Production includes crude oil, natural gas, and LNG. Key assets include Papua New Guinea deepwater exploration, Suriname Gran Morgu project, UAE Bab Gas Cap concession, Norwegian North Sea fields, and extensive African operations.
- LNG Production and Trading: TotalEnergies produces LNG at facilities including ECA LNG in Mexico (3.25 MTPA capacity), Ruwais LNG in UAE, and Mozambique LNG project. The company trades approximately 7 million barrels per day of crude oil and refined products globally, generating approximately $2 billion in annual trading profits.
- Refining and Petrochemicals: TotalEnergies operates refineries globally including the 460,000 bpd SATORP joint venture with Saudi Aramco in Saudi Arabia and refineries in France. The company also operates the Amiral petrochemical complex ($11 billion project) integrated with its Saudi refinery, expected to begin commercial operations in 2027.
- Trading and Shipping: TotalEnergies' trading division handles approximately 7 million barrels per day of crude oil and refined products, representing about 7% of global supply. Oil trading generates approximately $2 billion in annual profits. The company operates a fleet of LNG carriers and oil tankers.
- Renewable Energy Generation: TotalEnergies generates electricity from renewable sources including solar farms (Ohio PPA with Google for 1.5 TWh), offshore wind (Germany's NordseeEnergies 2, France's Centre Manche 2), and battery storage. The company has 1.5 GW offshore wind project in Normandy ($5.2 billion investment) and significant solar/battery projects in Kazakhstan.
- Retail Fuel Sales: TotalEnergies sells refined petroleum products directly to consumers through its network of over 3,300 branded gas stations in France. The company also operates EV charging infrastructure across Europe. It is the only Western oil company to voluntarily cap fuel prices at its French gas stations during the Middle East conflict.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Voluntary fuel price cap at French gas stations |
Go-to-market motion4 records
Distribution channels7 records
Marketing channels6 records
TotalEnergies product offering
Product offeringCore offering
TotalEnergies is a global integrated multi-energy company that explores, produces, refines, and markets crude oil, natural gas/LNG, biofuels, refined petroleum products, petrochemicals, and electricity from renewable sources (solar, wind, battery storage). It operates an integrated value chain spanning upstream exploration and production, LNG liquefaction, refining and petrochemicals, global trading and shipping, renewable energy generation, and retail fuel sales through a network of 3,300+ branded gas stations in France and EV charging infrastructure across Europe.
Product overview
TotalEnergies is a global integrated multi-energy company organized around four core business segments: Exploration and Production (oil, gas, and renewables), Refining and Petrochemicals (including polymers), Trading and Shipping (oil, LNG, and products trading), and Integrated Power (low-carbon electricity including renewables and charging services). The company's product portfolio spans petroleum products, natural gas and LNG, renewable energies, bioenergies, and specialty offerings including EV charging services (TotalEnergies Charging Services), mobility business solutions (FLEET cards, toll management), and proprietary technologies such as MethaneLive (real-time methane monitoring) and AUSEA (drone-based emissions detection). The company also operates refining and petrochemical facilities, a global trading and shipping network handling ~7 million barrels per day, and electricity generation and distribution assets across ~120 countries. The multi-energy strategy is supported by innovation through its Digital Factory, R&D in methane detection, AI integration, and partnerships across the energy value chain.
Differentiator
Problem solved
Functional benefit
Brands
- AUSEA: Drone-based methane and CO2 emissions detection and quantification technology developed in partnership with French research institutions
- MethaneLive
- Belib'
- Centre Manche Energies
- Tilenga Project
- EACOP (East African Crude Oil Pipeline)
- GranMorgu
- SATORP
- TotalEnergies Charging Services
- TotalEnergies Mobility Business
Products and services
- Refining and Petrochemicals TotalEnergies operates refineries (including the 460,000 bpd SATORP JV with Saudi Aramco) and petrochemical facilities that transform crude oil and other feedstocks into fuels, polymers, and specialty chemicals for industrial and consumer markets.
- Trading and Shipping Global oil, LNG, and refined products trading operations handling approximately 7 million barrels per day of crude and products, representing about 7% of global supply, generating approximately $2 billion in annual trading profits. Operates a fleet of LNG carriers and oil tankers.
- Natural Gas and LNG Upstream gas production, LNG liquefaction (ECA LNG Mexico 3.25 MTPA, Ruwais LNG UAE, Mozambique LNG), and global LNG sales to utilities, industrial customers, and downstream distributors via long-term contracts.
- Petroleum Products Exploration, production, refining, and global marketing of crude oil, gasoline, diesel, jet fuel, and other refined petroleum products sold to industrial buyers, refiners, traders, and retail consumers.
- Low-Carbon Electricity (Renewables) Renewable electricity generation from solar farms, offshore wind projects (including 1.5 GW Centre Manche 2 in Normandy, NordseeEnergies 2 in Germany), and battery storage projects, sold to corporate buyers via 15-year Power Purchase Agreements and to utilities.
- Bioenergies Production of biofuels and renewable natural gas (RNG) from anaerobic digestion of food and beverage waste, supporting decarbonization of transportation and industry.
- TotalEnergies Charging Services (EV Charging) Electric vehicle charging services offering standard, rapid, and high-power charging solutions across Europe, including charging cards and a network of charge points for businesses, local authorities, fleets, and individual EV drivers (including the Belib' network in Paris serving ~950,000 customers).
- TotalEnergies Mobility Business Mobility solutions for commercial fleets and professionals including multi-energy fuel cards (FLEET, MOBILITY CORPORATE), toll management solutions (Liber-t, PASSango), EV charging access, and fleet management tools.
- Industrial Lubricants Lubricants distributed globally under the Elf and Total brands, including direct supply agreements with manufacturers (e.g., Great Wall Motor joint R&D laboratory for high-efficiency transmission fluids).
Quantifiable outcome
- 36% reduction in emissions from operated facilities
- +4 more outcomes
Companies that use TotalEnergies
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles6 records
TotalEnergies technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature3 records
TotalEnergies partnerships and signals
Strategic signalPartnerships
19 partnerships are on record, tiered core, major and minor.
- ADNOC (Abu Dhabi National Oil Company)coreTotalEnergies acquired 10% participating interest in Abu Dhabi's Bab Gas Cap Concession, joining ADNOC (60%) alongside BP (10%), CNPC (8%), JODCO/INPEX (5%), ZhenHua (4%), and GS Energy (3%). The concession targets production of approximately 1.5 billion cubic feet of gas per day from the Bab onshore field, operated by ADNOC Onshore. TotalEnergies has operated in the UAE for 87 years and holds additional interests in ADNOC LNG and the Ruwais LNG project.
- Employee Shareholderscore59,366 employees in 97 countries subscribed to TotalEnergies' June 2026 employee share offering, purchasing 5,548,563 new shares at €62.00 per share for €310.5 million. Employees now hold approximately 7.6% of TotalEnergies SE's share capital, marking the tenth consecutive year of the employee share ownership program.
- PetronascoreTotalEnergies and Petronas commenced a major offshore oil and gas exploration campaign in Papua New Guinea, drilling the Mailu-1 well in the Gulf of Papua with Noble Corporation's Noble Viking drillship. The $100-200 million investment program represents Papua New Guinea's first ultra-deepwater exploration well.
- SaipemcoreSaipem began offshore operations for TotalEnergies' Gran Morgu project in Suriname's Block 58, approximately 150km offshore. TotalEnergies (40%), APA (40%), and Staatsolie (20%) are developing the project with installation of subsea umbilicals, risers and flowlines at depths of 100-1,100m, with production scheduled for 2028 and project value at $10.5 billion.
- Equinor, Shell, ConocoPhillips, PetorocoreTotalEnergies and partners approved the TWIN subsea project at the Troll gas field in the Norwegian North Sea with Nkr4bn ($412m) investment. The project will contribute approximately 11 billion standard cubic metres of gas over its operational life with targeted production start in 2028.
- Equinor, Shell (Northern Lights JV)coreNorthern Lights JV, backed by Equinor, TotalEnergies, and Shell, completed charter agreements for its LCO2 carrier expansion series. Four new 12,000-m3 vessels will be built by Dalian Shipbuilding and HD Hyundai Heavy Industries, with deliveries 2028-2029, increasing transport and storage capacity to over 5 million tonnes CO2 per year.
- MasdarcoreMasdar and TotalEnergies formed a $2.2 billion 50/50 joint venture covering nine countries for renewable energy development. Masdar reached 65 GW global clean energy capacity and announced expansions including projects in Angola and Uzbekistan.
- CMA CGMcoreCapital Clean Energy Carriers formed a 50-50 joint venture with CMA CGM to construct and operate a 20,000 cbm dual-fuel LNG bunkering vessel for $82.8 million, with delivery expected Q3 2028. The vessel will be time-chartered for 12 years to a joint venture between CMA CGM and TotalEnergies.
- SOCAR, ADNOC, BOTAŞcoreTurkey's BOTAŞ signed a 15-year natural gas agreement with SOCAR, TotalEnergies, and ADNOC for supply from Azerbaijan's Absheron field, covering 33 billion cubic meters over 15 years starting in 2029. First production targeted for late 2028 or early 2029.
- Staatsolie (Suriname)coreTotalEnergies partners with Staatsolie, Suriname's state-controlled energy firm, for the Gran Morgu offshore project in Block 58 (1.4 million acres). TotalEnergies holds 40% with APA at 40% and Staatsolie at 20%, with oil production projected for 2028.
- Great Wall MotormajorGreat Wall Motor and TotalEnergies inaugurated their Phase III joint laboratory in Baoding on June 3, 2026, to enhance joint R&D on high-efficiency transmission fluids. The partnership, established in 2010, has evolved into a global supply network supporting GWM's international operations.
- Vanguard RenewablesmajorVanguard Renewables and TotalEnergies broke ground on an anaerobic digestion facility in Litchfield, Minnesota, processing over 300 tons of food/beverage waste daily to produce approximately 270,000 MMBtu of renewable natural gas annually. The facility will create 100 construction jobs and 10 permanent positions.
- Ocean Winds (ENGIE/EDP joint venture)coreOcean Winds, a joint venture between ENGIE and EDP, is co-hosting the TotalEnergies CAF Africa Cup of Nations PAMOJA 2027 and partnered on the Golden State Wind offshore wind project. Ocean Winds received approximately $885 million from the Trump administration to terminate offshore wind projects.
- Trump Administration (US Dept. of Interior)majorTotalEnergies received approximately $1 billion from the Trump administration to terminate offshore wind projects off New York and North Carolina. The company agreed to redirect funds into fossil fuel projects. Seven US states sued over this deal, arguing it violated federal law.
- NNPC (Nigerian National Petroleum Company)coreNNPC and TotalEnergies renewed their agreement to extend deployment of AUSEA technology for detecting, measuring, and reducing methane and carbon emissions across NNPC's upstream operations for 24 months. The agreement helps NNPC meet gas flare reduction obligations and achieve near-zero methane emissions by 2030.
- CCI France MalaysiaminorCCI France Malaysia led a four-day business delegation to Sabah in conjunction with SOGCE 2026, supported by TotalEnergies. The initiative brought together over 50 delegates from 25 French and Malaysian companies, with France's Ambassador to Malaysia visiting the CCI France Malaysia–TotalEnergies Pavilion.
- German Government (NordseeEnergies 2)majorTotalEnergies is in discussions with German officials about the 1.5 GW NordseeEnergies 2 offshore wind project due to grid connection delays. The company filed the permit request and paid the initial 10% installment while considering potentially surrendering the concession obtained in 2024 and seeking compensation.
- Sempra InfrastructurecoreSempra Infrastructure and TotalEnergies began LNG production at the ECA LNG Phase 1 project in Ensenada, Mexico, as part of commissioning. The facility has 3.25 million tonnes per annum capacity and will supply U.S. natural gas to Asia and Pacific Basin markets, with commercial operations expected summer 2026.
- Saudi Aramco (SATORP)coreTotalEnergies holds 37.5% in the SATORP refinery joint venture with Saudi Aramco (62.5%) in Saudi Arabia. The 460,000 bpd facility was struck by drones in April 2026 and operates at 70% capacity, with full recovery expected early 2027. The $11 billion Amiral petrochemical complex is integrated with the refinery.
Scale indicators11 records
Recent moves11 records
Expansion highlights6 records
TotalEnergies competitors and assessment
Company assessmentDirect peers
- Chevron: Chevron is a U.S. integrated major with significant upstream, LNG, refining, and petrochemical operations that overlap with TotalEnergies in global LNG markets, U.S. Gulf Coast refining, and exploration basins. Chevron's renewable fuel investments and Permian upstream focus provide a partial mirror to TotalEnergies' integrated model.
- Equinor: Equinor is a Norwegian integrated energy major with overlapping North Sea upstream assets (TWIN subsea project with TotalEnergies), major LNG trading exposure, and one of the most aggressive renewables transitions among oil majors. Direct partner in Northern Lights CCS JV and multiple North Sea developments.
- Repsol: Repsol is a Spanish integrated energy company with upstream, refining, retail (3,500+ stations), and renewables operations. It competes directly with TotalEnergies in European refining, Iberian retail fuel markets, and Latin American upstream, with a comparable multi-energy transition strategy.
- Eni: Eni is an Italian integrated major with comparable upstream (Africa-heavy portfolio mirroring TotalEnergies), LNG, refining, retail, and renewables (Eni Plenitude) businesses. Eni and TotalEnergies frequently partner with the same NOCs and compete in Mediterranean and Sub-Saharan energy markets.
- ConocoPhillips: ConocoPhillips is a major independent E&P and LNG player that overlaps with TotalEnergies in LNG offtake (Australia Pacific LNG), North Sea exploration partnerships (ARGOS robotics JIP), and Lower 48 unconventional assets. While more upstream-pure than TotalEnergies, it is a direct competitor for global resource access.
- BP: BP is a directly comparable integrated energy major pursuing a similar multi-energy transition strategy with material upstream, LNG trading, refining, retail, and renewables investments. BP competes with TotalEnergies in North Sea exploration (e.g., both partners in Bab Gas Cap), European retail, and corporate renewable PPAs.
- ExxonMobil: ExxonMobil is the world's largest integrated oil & gas major by revenue, with comparable upstream, LNG (Ruwais, PNG LNG), refining/petchem, and trading operations. It competes with TotalEnergies on global LNG tenders, major upstream projects (Suriname, Mozambique LNG), and is a direct competitor for NOC partnerships.
- Shell: Shell is one of the closest direct peers, a London-listed integrated oil & gas major with comparable upstream, LNG, refining, trading, and growing renewables businesses. Both companies compete head-to-head in LNG offtake, refining JVs (e.g., Northern Lights CCS with Shell), and European retail/mobility.
Regional players
- OMV: OMV is an Austrian integrated energy major with refining, retail (2,000+ stations in Central/Eastern Europe), and upstream operations. It competes with TotalEnergies in Central European retail and refining markets but is more regionally focused rather than globally diversified.
Broad incumbents
- Saudi Aramco: Saudi Aramco is the world's largest oil producer and a JV partner with TotalEnergies in SATORP (refining) and Amiral petrochemicals. As a vertically integrated national oil company with dominant upstream capacity, it represents a broader incumbent competitor that shapes global crude and refining economics relevant to TotalEnergies' portfolio.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
TotalEnergies social profiles
Digital presenceTotalEnergies financial estimates
Financial estimateRevenue estimate
Valuation estimate
TotalEnergies leadership team
Management profileNumber of profiles
Profiles5 records
TotalEnergies subsidiaries and ownership
Company hierarchySubsidiaries10 records
TotalEnergies funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TotalEnergies M&A and investment
M&A and investmentM&A2 records
Investments
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 a global integrated multi-energy company that explores, produces, refines, and markets crude oil, natural gas/LNG, biofuels, refined petroleum products, petrochemicals, and electricity from renewable sources (solar, wind, battery storage). It operates an integrated value chain spanning upstream exploration and production, LNG liquefaction, refining and petrochemicals, global trading and shipping, renewable energy generation, and retail fuel sales through a network of 3,300+ branded gas stations in France and EV charging infrastructure across Europe.
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 1928. It employs 5,001 to 10,000 people.
Where is TotalEnergies based?
TotalEnergies is headquartered in La Défense, France, in the Europe region.
How does TotalEnergies make money?
Six revenue lines are on record. Exploration and Production (Upstream) is the primary driver. The others are LNG Production and Trading, refining and Petrochemicals, trading and Shipping, renewable Energy Generation and retail Fuel Sales.
Who are TotalEnergies's main competitors?
Direct peers on record are Chevron, Equinor, Repsol, Eni, ConocoPhillips, BP, ExxonMobil and Shell. OMV is listed as a regional player. Saudi Aramco is listed as a broad incumbent.
Does TotalEnergies have an API?
No public API is recorded for TotalEnergies.
What industry is TotalEnergies in?
TotalEnergies's product category is Integrated Energy Production. Its primary akta.pro industry code is EUAAACAL, Midstream Commercial Services (Capacity Marketing, Balancing & Scheduling), with a secondary code of EUAAALAI, Carbon Accounting, MRV & Certification for BECCS (LCA, Biogenic Carbon, Registries). Its NAICS code is 32411 and its SIC code is 1311.