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TotalEnergies shifts PHL business to franchise model - BusinessWorld Online

Summary by bworldonline.com
FRENCH multinational integrated energy company TotalEnergies is transitioning its Philippine operations from a joint venture to a franchise model, according to listed Basic Energy Corp. (BEC).  In a stock exchange disclosure on Wednesday, BEC said Filoil Energy Co., Inc. (FEC) will take over the Total brand and business operations under Total Philippines Corp. (TPC). FEC is TotalEnergies’ joint venture partner in local companies engaged in the s…

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bworldonline.com broke the news in on Wednesday, March 19, 2025.
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