Namibia’s Mines and Energy Ministry has downplayed the impact of energy company Shell recent $400-million write-down on its ...

Namibia’s government has refuted Shell’s position that its discoveries in the Orange basin are uneconomic to develop and said ...

Shell begins commercial production at its Whale oil field in the Gulf of Mexico, while writing down a promising oil discovery ...

Shell writes off $400M for failed oil and gas discoveries in Namibia's offshore Orange basin, faces technical and geological ...

Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a ...

WINDHOEK, NA / ACCESSWIRE / December 31, 2024 /Custos Energy (Pty) Ltd. ("Custos" or the "Company") is pleased to provide the ...

TORONTO, Dec. 31, 2024 (GLOBE NEWSWIRE) -- (TSX-V: SEI, OTCQB: SEUSF) (“Sintana” or the “Company”) is pleased to provide the ...

However, as the NUPRC has already cautioned, winners of the oil blocks should note that they are not allowed to buy and keep them. They are expected to run with them to maximize the benefits of ...

Some Niger Delta indigene have urged the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to reverse the 2024 licencing and 2022/23 Mini Bid Round for oil blocs in the oil' rich region.

These licenses empower the company to explore, develop, and extract hydrocarbons from both onshore and deep offshore oil blocks, likely contributing to the surge in its stock price during the latter ...

Once the 2024 fieldwork was complete, months of complex data analyses followed to confirm the discovery of new species and come up with conservation plans for them, explains Larsen. Researchers ...

Nigeria has concluded plans to start auctioning undeveloped oil and gas blocks from the year 2025. According to a report on the official website of global news agency Reuters, Nigeria will take ...