#Panama City #Panama #TotalEnergies #Terpel #Engine Oils

TotalEnergies and Terpel Panama Join Forces

On December 19, 2024, TotalEnergies Marketing USA, Inc. and Terpel Panama announced a significant partnership aimed at distributing high-performance engine oils throughout Panama. This collaboration marks a pivotal development in the availability of TotalEnergies’ innovative lubricants, now accessible across a network of 192 Terpel service stations nationwide.

From light to heavy-duty vehicles, TotalEnergies offers a comprehensive range of motor oils that will now be presented to a larger audience through Terpel Panama's extensive infrastructure, which includes 130 fleet service stations and more than 60 convenience stores. Franck Bagouet, CEO and President of TotalEnergies Marketing USA, emphasized that the partnership will enhance their omnichannel presence and enable end consumers to easily access a diverse selection of TotalEnergies lubricants.

Gustavo Rodriguez, CEO of Terpel Panama, highlighted the importance of offering customers high-quality lubricants alongside their fuels. This agreement not only strengthens Terpel's product offerings but also demonstrates their commitment to meeting customer expectations regarding quality.

Francisco Ovalle, Head of Central America and Belize for TotalEnergies Marketing USA, expressed excitement over this alliance, which builds on over a decade of longstanding presence in Panama. He noted that the company is already recognized as the leading supplier of marine lubricants and LNG in the region. The new partnership is expected to broaden the retail market reach of TotalEnergies’ products significantly.

About TotalEnergies

TotalEnergies operates as a global multi-energy company, dealing in oil, biofuels, natural gas, renewable energies, and electricity. With a workforce of over 100,000 in 130 countries, their mission centers around delivering energy that is affordable, cleaner, and more reliable. Aiming for sustainability across all projects, TotalEnergies remains committed to well-being and community growth.

TotalEnergies Marketing USA

The USA division is headquartered in Linden, NJ. Part of the broader TotalEnergies umbrella, it markets various products, including Hi-Perf Motorcycle Engine Oil and Rubia Heavy Duty Engine Oil. Focusing on a broad spectrum of customers, TotalEnergies is the fourth largest provider of lubricants globally, striving to reduce carbon footprints while catering to vehicle and business needs.

About Terpel Panama

Founded in 1968 with the vision to provide fuel in remote Colombian regions, Terpel has evolved into a major player in the liquid fuel market across Latin America, including Panama. Their service stations offer a selection that prioritizes customer satisfaction and community contributions, with a commitment to sustainable operational practices.

The collaboration between TotalEnergies and Terpel Panama represents a strategic move to enhance service and product availability in the region. Moving forward, both companies are optimistic about their growth trajectory and the opportunities this partnership will bring to Panamanian consumers.

This alliance underscores the significance of impactful collaborations in the energy sector, poised to revolutionize the distribution of quality lubricants in one of Central America's burgeoning markets.