Tag: Oil and Gas

Nov 19
TotalEnergies Expresses Strong Interest in Nigeria’s 2025 Oil and Gas Licensing Round

French energy giant TotalEnergies has reaffirmed its keen interest in participating in Nigeria’s upcoming 2025 oil and gas licensing round, scheduled to begin on 1 December 2025, barely a year after securing two deep-water blocks in the 2024 mini-bid round. The declaration was made on Tuesday in Abuja when Mr Nicolas Terraz, President of TotalEnergies […]

Nov 18
Top Nigerian Oil and Gas Firms Hold N1.48 Trillion in Cash as of September 2025

Nigeria’s leading oil and gas companies ended the first nine months of 2025 with a combined cash and bank balance of N1.48 trillion, marking a 0.76% increase from the N1.46 trillion recorded during the same period in 2023. Cash and bank balances, which include funds readily available in bank accounts or short-term deposits, are a […]