TotalErg S.p.A. was an Italian

company A company, abbreviated as co., is a Legal personality, legal entity representing an association of legal people, whether Natural person, natural, Juridical person, juridical or a mixture of both, with a specific objective. Company members ...

that operated in the

refining Refining is the process of purification of a (1) substance or a (2) form. The term is usually used of a natural resource that is almost in a usable form, but which is more useful in its pure form. For instance, most types of natural petroleum w ...

and

distribution Distribution may refer to: Mathematics *Distribution (mathematics), generalized functions used to formulate solutions of partial differential equations *Probability distribution, the probability of a particular value or value range of a varia ...

petroleum Petroleum, also known as crude oil or simply oil, is a naturally occurring, yellowish-black liquid chemical mixture found in geological formations, consisting mainly of hydrocarbons. The term ''petroleum'' refers both to naturally occurring un ...

products. It was a

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...

between

Total Total may refer to: Mathematics * Total, the summation of a set of numbers * Total order, a partial order without incomparable pairs * Total relation, which may also mean ** connected relation (a binary relation in which any two elements are comp ...

(49%) and

Erg The erg is a unit of energy equal to 10−7joules (100Nano-, nJ). It is not an SI unit, instead originating from the centimetre–gram–second system of units (CGS). Its name is derived from (), a Greek language, Greek word meaning 'work' or ' ...

(51%). Founded in 2010, with its birth, all the previous Total and Erg service stations were replaced with the new brand. In 2018 was acquired and replaced by

API An application programming interface (API) is a connection between computers or between computer programs. It is a type of software interface, offering a service to other pieces of software. A document or standard that describes how to build ...

- IP.

History

The

, born on 1 October 2010 from the

merger Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorpt ...

Total Italia Total may refer to: Mathematics * Total, the summation of a set of numbers * Total order, a partial order without incomparable pairs * Total relation, which may also mean ** connected relation (a binary relation in which any two elements are comp ...

with Erg Petroli, operated in five business areas: ''Refining'', ''Supply and Logistics''; ''Net''; ''Wholesale''; ''Speciality''. With a network of around 2,600

distributors A distributor is an electric and mechanical device used in the ignition system of older spark-ignition engines. The distributor's main function is to route electricity from the ignition coil to each spark plug at the correct time. Design A ...

, fuel sales of over 3 billion liters and a market share of around 11%, TotalErg was one of the main operators in the sector. In the ''Wholesale'' sector, TotalErg marketed over 1.5 million tonnes of

fuels A fuel is any material that can be made to react with other substances so that it releases energy as thermal energy or to be used for work. The concept was originally applied solely to those materials capable of releasing chemical energy but ...

and combustibles -

diesel Diesel may refer to: * Diesel engine, an internal combustion engine where ignition is caused by compression * Diesel fuel, a liquid fuel used in diesel engines * Diesel locomotive, a railway locomotive in which the prime mover is a diesel engine ...

, fuel oils,

petrol Gasoline (North American English) or petrol ( Commonwealth English) is a petrochemical product characterized as a transparent, yellowish, and flammable liquid normally used as a fuel for spark-ignited internal combustion engines. When formul ...

- for industrial, civil and agricultural use, selling both to retailers in the sector and directly to consumers through the subsidiary Eridis. In the ''Specialty'' sector it markets

bitumen Bitumen ( , ) is an immensely viscosity, viscous constituent of petroleum. Depending on its exact composition, it can be a sticky, black liquid or an apparently solid mass that behaves as a liquid over very large time scales. In American Engl ...

and modified bitumen. On 10 January 2018 TotalErg was acquired by

Gruppo API Italiana Petroli S.p.A. (until 2019 Anonima Petroli Italiana S.p.A.), also known by the acronym API or Gruppo API, is an Italian petroleum, oil and energy company Headquarters, headquartered in Rome. It is active in the fuel and Mobility as a se ...

, with the exception of the ''Special Fluids'' division, acquired by the newly formed

, and the subsidiary Totalgaz Italia, sold to the

UGI Corporation UGI Corporation (formerly United Gas Improvement Corp.) is a natural gas and electric power distribution company headquartered in King of Prussia, Pennsylvania, with extensive operations in the United States and Europe. UGI owns AmeriGas, the ...

and renamed UniverGas Italia. All TotalErg stations will be progressively replaced by those bearing the

IP Gruppo API Italiana Petroli S.p.A. (until 2019 Anonima Petroli Italiana S.p.A.), also known by the acronym API or Gruppo API, is an Italian oil and energy company headquartered in Rome. It is active in the fuel and mobility services sector through the IP ...

brand A brand is a name, term, design, symbol or any other feature that distinguishes one seller's goods or service from those of other sellers. Brands are used in business, marketing, and advertising for recognition and, importantly, to create and ...

. In 2019, TotalErg merged into Gruppo API.

References

External links

* TotalEnergies Automotive fuel retailers Chemical companies established in 2010 Chemical companies of Italy Companies based in Rome Energy companies of Italy Energy companies established in 2010 Italian companies established in 2010 Non-renewable resource companies established in 2010 Oil and gas companies of Italy {{energy-company-stub

History

See also

References

External links