TotalEnergies Acquires BP's Retail, Wholesale and Logistics Fuel Assets in Mozambique

Volenergy AG to Acquire BP’s Austrian Mobility, Convenience, and EV Charging Businesses

July 24, 2026

Energy

BP has agreed to sell its mobility, convenience, and electric vehicle charging businesses in Austria to Volenergy AG. The deal includes 250 BP-branded retail locations (about 115 company-owned and the rest operated by franchisees), as well as BP’s Austrian EV charging infrastructure and associated fleet business, with closing expected by the end of 2026 subject to approvals.

ADNOC Distribution to Acquire Shell Downstream South Africa

July 7, 2026

Retail

ADNOC Distribution has entered into a definitive agreement to acquire 100% of the share capital of Shell Downstream South Africa (SDSA) for an implied enterprise value of approximately $1 billion (subject to net debt and working capital adjustments). The deal is expected to close in 2027, subject to customary regulatory and other conditions precedent. After completion, ADNOC Distribution plans to sell a 28% stake in SDSA to a local empowerment partner and an Employee Stock Option Plan (ESOP), and will enter into a long-term brand licensing agreement to retain the Shell brand for retail service stations and lubricants in South Africa.

OLA Energy Group to Acquire TotalEnergies Marketing Ethiopia

July 7, 2026

Energy

OLA Energy Group has signed a Share Purchase Agreement (SPA) with TotalEnergies to acquire TotalEnergies’ downstream (fuel retail and related) operations in Ethiopia. The deal is subject to customary conditions precedent, including regulatory and administrative approvals in Ethiopia, and would add more than 120 service stations across key cities.

TotalEnergies Acquires 50% Stake in AES Dominicana Renewables Portfolio

July 2, 2025

Energy

TotalEnergies has acquired a 50% stake in the solar, wind and battery storage (BESS) renewables portfolio owned by AES Dominicana, expanding its renewables footprint in the Dominican Republic. The deal follows TotalEnergies' earlier 30% purchase of AES renewables assets in Puerto Rico and increases the combined Caribbean portfolio to over 1.5 GW of capacity.

TotalEnergies Acquires SapuraOMV Upstream Gas Interests in Malaysia

December 10, 2024

Oil & Gas

TotalEnergies completed the acquisition of the upstream gas interests held by OMV and Sapura (each 50%) in SapuraOMV Upstream, giving it operated stakes in blocks SK408 and SK310 offshore Sarawak. The deal strengthens TotalEnergies' upstream gas position in Malaysia and secures additional feed for the Bintulu LNG plant while keeping production costs and emissions intensity low.

Global Partners LP Acquires 25 Liquid Energy Terminals from Motiva Enterprises

December 21, 2023

Oil & Gas

Global Partners LP completed the acquisition of 25 liquid energy terminals from Motiva Enterprises LLC for $305.8 million in cash, supported by a 25-year take-or-pay throughput agreement with Motiva. The purchase nearly doubles Global's U.S. terminal footprint, expanding access to marine loading facilities and major refined-product pipelines to strengthen its supply, storage and retail network.