In the rapidly evolving energy sector, TotalEnergies SE stands out as a pioneering integrated oil and gas company leading the charge toward sustainable energy solutions. With operations spanning the globe, the company has strategically positioned itself across natural gas, renewable energy, and electricity sectors to drive meaningful progress in sustainability.
Comprehensive Business Portfolio
TotalEnergies operates through four key business segments that form the backbone of its global operations:
- Integrated Gas, Renewables & Power: Specializing in liquefied natural gas (LNG) production, transportation, and regasification, this segment also handles trading of liquefied petroleum gas (LPG), petroleum coke, and sulfur. The company maintains significant operations in gas trading and electricity supply, with power generation spanning natural gas, wind, solar, hydroelectric, and biogas sources. Notably, TotalEnergies is actively developing and operating biomethane production facilities.
- Exploration & Production: Focused on oil and gas exploration and extraction, this segment works continuously to meet global energy demands while implementing more sustainable practices.
- Refining & Chemicals: This segment processes petrochemical products including olefins and aromatics, along with polymer derivatives such as polyethylene, polypropylene, polystyrene, and other hydrocarbon-based compounds. Through innovative approaches like biomass conversion and elastomer processing, the company supports diverse industrial applications while maintaining a complete supply chain for crude oil and petroleum products.
- Marketing & Services: TotalEnergies produces and markets lubricants while offering a comprehensive range of petroleum products including bulk fuels, aviation and marine fuels, specialty fluids, compressed natural gas, LPG, and bitumen. The company also provides fuel payment solutions and operates approximately 16,000 service stations worldwide along with 25,000 electric vehicle charging points.
Strategic Position and Partnerships
As of December 2021, TotalEnergies reported total proven reserves of 1,924 million barrels of oil equivalent. The company has forged strategic alliances with industry leaders including PureCycle Technologies, Plastic Energy, Freepoint Eco-Systems, and Plastic Omnium to advance various development projects.
A significant rebranding occurred in June 2021 when the company changed its name from "TOTAL SE" to "TotalEnergies SE," reflecting its strengthened commitment to renewable energy development. Headquartered in Courbevoie, France, the company has been driving global energy transition initiatives since its establishment in 1991.
Through its diversified business structure and unwavering commitment to sustainability, TotalEnergies SE has established itself as a key player in the global energy market, continuously working toward a greener and more efficient energy future.