BusinessGhana1h
Namibia: Shell Write Down Merely a Speed Bump, not a Road Block
Energy major Shell has announced that oil discovered offshore Namibia in Petroleum Exploration License (PEL) 39 cannot be ...
Oil18h
Tower Resources farms out offshore Africa licenses
Tower Resources PLC executed two farm-out agreements and associated documentation with Prime Global Energies Ltd. for minority, non-operated interests in Tower’s Thali ...
Upstream22h
Unhappy Namibia rejects Shell claims that discoveries are not commercial, as it seeks ‘right partner’ to develop them
Energy Minister Tom Alweendo calls Shell's write-down 'unfortunate,' as Namcor says partners want to undertake more ...
economist.com.na22h
Shell write down not a setback, we will soldier on – Alweendo
The Minister of Mines and Energy, Hon Tom Alweendo announced that the decision for multi-national oil and gas company Shell to write down N$400 million on the Orange Basin oil discovery, will not ...
Crude Oil Prices22h
The Oil Bulls Are Back as Brent Breaks $80
Oil prices have started the year rallying aggressively, with Brent breaking $80 on Friday morning for the first time since ...
economist.com.na23h
Orange light sweet crude turns out slightly bitter
For instance “Energy major TotalEnergies is expected to make a Final Investment Decision on its Orange Basin projects this ...
Mining Weekly23h
Namibia says Shell write-down of offshore discoveries ‘not a setback’
Namibia’s Mines and Energy Ministry has downplayed the impact of energy company Shell recent $400-million write-down on its ...