TotalEnergies - MarketMinute

Oil Prices

Crude Oil’s Volatile U-Turn: Diplomatic Hopes at $60 Oil Threaten European Energy Buybacks

The global energy market has been jarred by a "violent reversal" in crude oil prices during the first week of February 2026. After a blistering 14% rally in January that saw West Texas Intermediate (WTI) surge to multi-month highs near $67 per barrel, the benchmark has slid approximately

Energy

Mediterranean Power Play: TotalEnergies, Eni, and QatarEnergy Solidify Lebanon’s Energy Future with Block 8 Agreement

In a landmark move for the Eastern Mediterranean energy landscape, a heavyweight consortium led by TotalEnergies (NYSE: TTE), Eni (NYSE: E), and the state-owned QatarEnergy officially signed a high-stakes offshore exploration and production agreement for Block 8 in Lebanon’s Exclusive Economic Zone (EEZ) today, January 9, 2026. The deal,

Nigeria

Nigeria’s Oil Output Hits 1.6 Million BPD: A Fragile Recovery in a Saturated Global Market

Nigeria has reported a significant milestone in its energy sector recovery, with the state-owned Nigerian National Petroleum Company Limited (NNPC) announcing that total crude oil and condensate production reached 1.6 million barrels per day (bpd) in November 2025. This production surge marks a critical turning point for Africa’s

Sintana Energy

Sintana Energy Makes Landmark Debut on London’s AIM Market Following Challenger Energy Merger

In a move that underscores the shifting tides of the global energy capital markets, Sintana Energy (TSXV: SEI; AIM: SEI) officially commenced trading on the London Stock Exchange’s AIM market today, December 23, 2025. This dual listing marks a significant milestone for the Toronto-based junior explorer, which has rapidly

TotalEnergies

TotalEnergies Reshapes Nigerian Portfolio with Bonga Field Divestment, Signaling Strategic Shift

Abuja, Nigeria – November 25, 2025 – TotalEnergies (TTE:EPA) has officially completed the divestment of its 12.5% non-operated interest in Nigeria's prolific Bonga deepwater oil field, marking a significant strategic move that reconfigures its presence in the West African nation. The transaction, valued at an aggregated $510 million,

TotalEnergies

TotalEnergies Tightens the Purse Strings: A Strategic Pivot Towards Profitability and Disciplined Growth

Paris, France – September 29, 2025 – TotalEnergies (EPA: TTE), one of the world's leading energy companies, has announced a significant recalibration of its financial strategy, including a substantial cut in annual capital expenditure and the launch of a comprehensive savings plan. This strategic pivot, unveiled during its Strategy and

TotalEnergies

TotalEnergies Fortifies U.S. LNG Ambitions with Strategic Anadarko Basin Acquisition

Paris, France – September 29, 2025 – In a significant move poised to reshape its integrated liquefied natural gas (LNG) value chain in the United States, global energy major TotalEnergies (EPA: TTE) today announced the acquisition of a 49% interest in natural gas-producing assets located in Oklahoma's Anadarko Basin from