French energy giant, TotalEnergies, has announced a new plan to begin the large-scale production of biofuels using used cooking oil, as part of its broader strategy to promote clean and …
TOTALENERGIES
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BusinessEnergyEnvironmentTransportation & Logisitics
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AFRICA NEWSEnergyEnvironmentINVESTMENTINVESTMENTOil & Gas
Union Investment Cuts Ties with TotalEnergies Over Human Rights Abuse Allegations in East Africa
A major European investment company, Union Investment, has removed French oil giant, TotalEnergies, from its sustainability funds after new accusations of human rights abuses surfaced concerning a massive oil project …
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AfricaAFRICA NEWSEconomyEnergyEnvironmentGOVERNMENTInfrastructureInternational RelationsINVESTMENTNatural Resources
Experts Call for Bold Energy Decisions to Unlock Africa’s Gas and Renewable Potential
Energy leaders and policymakers at a recent high-level forum have called on African governments to make urgent and strategic decisions that can unlock the continent’s huge natural gas and renewable …
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BusinessBusiness InsightsEconomyEnergyFinance & ServicesMarketsNigeriaOil & Gas
TotalEnergies Declares N13.58bn Dividend Amid Shareholders’ Demand for Bonus Shares
otalEnergies Marketing Nigeria Plc has announced a total dividend payout of N13.58 billion for the 2024 financial year, even as shareholders continue to press the board to issue bonus shares—a …
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AfricaBusinessBusiness InsightsEconomyEnergyFinance & ServicesGOVERNMENTMarketsNigeriaOil & Gas
Oil Companies Record Sharp Profit Drop as Global Prices Fall, Nigeria’s Economy Feels the Heat
Major oil companies around the world have recorded sharp drops in profit in the first quarter of 2025, as the fall in global oil prices and rising production costs continue …
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Business and EconomyEnergyINVESTMENTNigeriaOil & GasWestern Africa
TotalEnergies Records N27bn Profit, Proposes N40 Dividend Per Share for 2024
TotalEnergies Marketing Nigeria Plc has reported a profit of N27.49 billion for the financial year ended December 31, 2024. This marks a significant 113 per cent increase from the N12.92 …
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BusinessEconomyOil & GasSouth Africa
TotalEnergies is planning to explore for oil offshore South Africa’s West Coast
TotalEnergies is planning to explore for oil offshore South Africa’s West Coast, where environmental groups have increasingly opposed such activity. The French explorer proposes to drill one well, which could …
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BusinessEconomyEnergyMorocco
Morocco’s Afriquia Gaz Acquires Total Energies’ Mauritanian Subsidiary of French Energy group
Moroccan energy group Afriquia Gaz is in the process of acquiring the Mauritanian subsidiary of French energy group Total Energies. According to a report from the Mauritanian news agency, the regional …
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AfricaAFRICA NEWSBusinessEconomyEnergyNewsOil & GasSouth AfricaSouthern Africa
Loss-making PetroSA seeks CEO to lead revamp
PetroSA is taking steps to end a legacy of mismanagement and continuing annual losses as it plans a project with TotalEnergies , according to its interim chairman. The state-owned oil …
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AfricaAFRICA NEWSBusinessEastern AfricaNewsOil & Gas
EU/Ugandan Government saga continues as the EU summons TotalEnergies for questioning
The European Union (EU) parliament has emphatically voiced its concerns about the pipeline project the Ugandan and Tanzanian governments are devising. The pipeline which is designed to run through Lake …