ShockAtlas

ORGANISATION · FR · NAICS 424720 Petroleum products merchant wholesalers (LPG trading)

TotalEnergies SE

totalenergies.com · 1 documented exposure in the atlas.

Grain-drying propane in the western Corn Belt: a late, wet Iowa harvest meets record US propane exports and lower Midwest stocks, autumn 2026

Beneficiary · Financial, remote · evidenced · Demand shock, 2026-10-07

“IOC, HPCL and peer BPCL are contracted to receive 2.2mn t of US LPG combined over the course of 2026 from Phillips 66, Chevron and TotalEnergies, which will meet around 10pc of India's import needs.” — source, 2026-11-04

Argus names TotalEnergies among the three sellers of US LPG to Indian refiners in 2026. Inferred: a remote trader benefits from the export pull on US Gulf propane; its own US loading volumes are not shown.

Series concerned: us-propane-exports-kbd mont-belvieu-propane-spot-usd-gal · read the edition →

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