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TotalEnergies Ord Shs TTFNF

Energy Oil & Gas Integrated
TotalEnergies SE is a France-based company. The Company is predominantly engaged in the business as a worldwide oil group. Its segment divisions are divided into refining and chemistry such as refining of petroleum products and manufacture of basic chemistry and of specialty chemistry, petroleum products distribution, electricity generation from combined cycle gas plants and renewable energies, gas production, trading, transport and distribution primarily includes liquefied natural gas, natural gas, biogas, hydrogen, liquefied petroleum gas and hydrocarbon operating and production. The group is also operating in trading and sea transport of crude oil and oil products.


OTCPK:TTFNF - Post by User

TotalEnergies Ord Shs
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Post by 1Derrickon Apr 27, 2015 8:55am
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Post# 23666589

Total Looks to Exit Fuel Retailing Business in Turkey

Total Looks to Exit Fuel Retailing Business in TurkeyReuters reports, quoting unnamed sources, that Total is seeking to sell its fuel distribution business in Turkey and has appointed Societe Generale to lead the process. The sources said that Total is looking to exit the business as high taxes and other regulations leave little margin of profit for the 70 different retailers.

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