Tag: Total Energies

Oil and Gas

TotalEnergies posts N42.2b pre-tax profit for 2024

TotalEnergies Marketing Nigeria Plc reported a pre-tax profit of N42.2 billion for the year ended 31 December 2024, marking a 140.35% increase from the N17.5 billion recorded in 2023. The company’s full-year revenue surged by 63.83%, rising from ₦635.9 billion in 2023 to ₦1.04 trillion. White products, including Premium Motor Spirit, Automotive Gas Oil, and […]

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TotalEnergies reaches 94% local content milestone – Director

Oil giant TotalEnergies EP has announced it has achieved over 94% local content. The firm’s Executive Director on JV Assets, Mr. Obi Imemba, shared this insight on Wednesday during a panel session on the sub-theme “Next Frontier for Nigerian Content: Divestment and Offshore Opportunities” at the ongoing 13th Practical Nigerian Content Forum in Yenagoa. The […]

TotalEnergies to invest $750m in LNG project in Nigeria
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TotalEnergies to invest $750m in LNG project in Nigeria

French oil giant TotalEnergies has announced plans to invest $750 million in a Liquefied Natural Gas project in Nigeria, set to begin in 2025. The investment was revealed by the company’s Senior Vice President for Africa, Mike Sangster, during the France-Nigeria Business Forum in Paris on Friday. Sangster explained that the project, known as Ima, […]

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Total Nigeria shares sell abive N500 in August

Total Nigeria closed above N500 in the stock market on August 19, 2024, sustaining a strong buy-side trend that had started since June. The stock has achieved another positive day at N511 per share with a gain of 19.68% so far in August. Recall that the stock hit a low of N321 with a volume […]