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

Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern African country's efforts to become a crude producer.

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

Galp Energia has spudded an important exploration well offshore Namibia in the same licence ... the operator calls AVO-10 and AVO-13 in the hydrocarbon-rich Orange basin block.

Shell and its partners in Namibia were now exploring other opportunities and pathways towards development of oil and gas ...

Shell plc SHEL, the British oil and gas major, has stated that it will record a financial write-down of nearly $400 million over an offshore oil discovery in Namibia. The company has found the oil ...

U.K. oil and gas company Tower Resources has signed two farm-out agreements with Prime Global Energies for minority, ...

U.K. oil and gas company Tower Resources has executed two farm-out agreements and associated documentation with Prime Global ...

This year will see several African countries consolidate their return to a growth trajectory in the aftermath of COVID, even as security challenges in the Horn and Sahel endure. I: The Continent will ...

Dec. 19, 2024 — Scientists have unveiled groundbreaking research on the origins of lunar water, offering insights that could reshape our understanding of the Earth-Moon system and the broader ...

I sincerely believe that the South Falklands Basin will achieve recognition as a world-class hydrocarbon system and he can be proud of what he has achieved in his time with the company.” ...

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