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

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.

Prime Global Energies, whose parent company operates numerous gas fields in Pakistan, will take minority stakes in African ...

Shell Plc is still seeking commercial pathways to oil production in Namibia after writing off about $400 million of wells in the southern African country, where multiple energy majors have been ...