TotalEnergies and Bapco Energies Launch BxT Trading Joint Venture for Sitra Refinery
TotalEnergies and Bapco Energies launched BxT Trading to manage Sitra refinery operations. This venture follows a deal to expand the facility's output capacity.
Insights:
TotalEnergies SE and Bapco Energies have officially formed a 50-50 joint venture named BxT Trading to manage trading operations for the Sitra refinery in Bahrain 
BH. A signing ceremony for the new entity was held on Tuesday in Abu Dhabi, United Arab Emirates 
AE, with the formal announcement released on Wednesday. The partnership represents a significant step in the ongoing strategic collaboration between the French 
FRenergy major and the Bahraini state-owned company.
BH. A signing ceremony for the new entity was held on Tuesday in Abu Dhabi, United Arab Emirates AE, with the formal announcement released on Wednesday. The partnership represents a significant step in the ongoing strategic collaboration between the French FRenergy major and the Bahraini state-owned company.
