TotalErg S.p.A. was an Italian

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

that operated in the

refining {{Unreferenced, date=December 2009 Refining (also perhaps called by the mathematical term affining) 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, b ...

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 vari ...

of petroleum products. It was a joint venture between Total SA (49%) and Erg S.p.A. (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- IP.

History

The

, born on 1 October 2010 from the

merger Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect ...

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

fuel 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 ...

s 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 engin ...

fuel oil Fuel oil is any of various fractions obtained from the distillation of petroleum (crude oil). Such oils include distillates (the lighter fractions) and residues (the heavier fractions). Fuel oils include heavy fuel oil, marine fuel oil (MFO), bun ...

s, petrol - 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 Asphalt, also known as bitumen (, ), is a sticky, black, highly viscous liquid or semi-solid form of petroleum. It may be found in natural deposits or may be a refined product, and is classed as a pitch. Before the 20th century, the term a ...

and modified bitumen. On 10 January 2018 TotalErg was acquired by Gruppo API, with the exception of the ''Special Fluids'' division, acquired by the newly formed Total Italia, 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 la ...

and renamed UniverGas Italia. All TotalErg stations will be progressively replaced by those bearing the IP Gruppo API brand. In 2019, the reverse merger of Anonima Petroli Italiana into TotalErg took place, and the company took on the name Italiana Petroli.

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