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  • TotalEnergies’ Nigerian Retail Unit Suffers N17bn Annual Loss Post-Deregulation 
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Energy FEATURED Latest TOP STORIES 

TotalEnergies’ Nigerian Retail Unit Suffers N17bn Annual Loss Post-Deregulation 

January 29, 2026January 29, 2026 Markets Reporters 0 Comments TotalEnergies Marketing Nigeria

TotalEnergies Marketing Nigeria, a fuel marketing company, reported a loss of N17.18 billion in 2025 compared with a profit of

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Energy FEATURED Latest TOP STORIES 

NNPC Says Chevron’s Awodi-07 Discovery Confirms ‘Huge Presence of Hydrocarbons’

January 26, 2026January 26, 2026 Markets Reporters 0 Comments Awodi-07 well, Chevron Nigeria Limited, NNPC

The Nigerian National Petroleum Company Limited (NNPC Ltd) says results from the well Awodi-07 discovered by Chevron Nigeria Limited (CNL)

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Energy FEATURED Latest TOP STORIES 

NNPC Boss Sees Shell’s Planned $20bn Bonga South West Project as Renewed Investor Confidence

January 23, 2026January 23, 2026 Markets Reporters 0 Comments Bayo Ojulari, Shell Bonga South West project

Bayo Ojulari, group chief executive officer of the Nigerian National Petroleum Company, has said Shell’s planned $20bn investment in the

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Energy FEATURED Latest TOP STORIES 

[BREAKING] Chevron Nigeria Makes Third Oil Discovery in 18 Months

January 23, 2026January 23, 2026 Markets Reporters 0 Comments Chevron Nigeria

The Nigeria National Petroleum Company Limited/Chevron Nigeria Limited Joint Venture (NNPCL/CNL JV) has announced the successful completion of the Awodi‑07

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Energy FEATURED Latest TOP STORIES 

Shell Plans to Invest $20bn in Bonga South West Project, Says Tinubu’s Adviser

January 22, 2026January 22, 2026 Markets Reporters 0 Comments Olu Verheijen, Shell Bonga South West project

President Bola Tinubu’s special adviser on energy, Olu Verheijen, says Shell has disclosed plans to invest $20 billion in Bonga

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Energy FEATURED Latest TOP STORIES 

Seplat Brings Tycoon Tony Elumelu, Top Shareholder, on Board

January 22, 2026January 22, 2026 Markets Reporters 0 Comments Seplat, Tony Elumelu

Following the Company’s prior announcement regarding the sale of Etablissements Maurel et Prom SA (“M&P”) 20.07% shareholding in Seplat to

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Energy FEATURED Latest TOP STORIES 

Nigeria: TotalEnergies Agrees to Sell Renaissance Stake to Vaaris for $800m

January 14, 2026January 14, 2026 Markets Reporters 0 Comments Renaissance Africa Energy Company, TotalEnergies exits Renaissance, Vaaris

TotalEnergies has announced the signing of an agreement with Vaaris for the sale of its 10% non-operated interest in the

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Energy FEATURED Latest TOP STORIES 

Dangote Moves Petition Against Ex-NMDPRA Boss Farouk Ahmed to EFCC

January 9, 2026January 9, 2026 Markets Reporters 0 Comments Aliko Dangote, Farouk Ahmed

The Chairman of Dangote Industries Limited (DIL), Aliko Dangote, through his legal representative, has filed a formal corruption petition against

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Energy FEATURED Latest TOP STORIES 

Ex-ExxonMobil Executive Bows Out as MD of Seplat’s Newest Unit SEPNU

January 1, 2026January 1, 2026 Markets Reporters 0 Comments Oladotun Isiaka, Seplat Energy Producing Nigeria Unlimited, SEPNU

Oladotun Isiaka, who was appointed to lead a Seplat Energy subsidiary that emerged following the acquisition of assets from the

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Energy FEATURED Latest TOP STORIES 

Billionaire Tony Elumelu Becomes Seplat’s Biggest Shareholder as French Firm Exits

December 31, 2025December 31, 2025 Markets Reporters 0 Comments Heirs Energies, Maurel & Prom, Seplat Energy

Heirs Energies, an indigenous integrated energy company owned by billionaire Tony Elumelu, has become the biggest shareholder in Seplat Energy

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