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 ...

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 ...

Oil prices have started the year rallying aggressively, with Brent breaking $80 on Friday morning for the first time since October 7th.

For instance “Energy major TotalEnergies is expected to make a Final Investment Decision on its Orange Basin projects this ...

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 ...

Pipeline operator Kinder Morgan Inc said that two of its fuel pipelines in Los Angeles have been shut since Jan. 8 due to ...

Energy major Shell has announced that oil discovered offshore Namibia in petroleum Exploration License (PEL) 39 cannot be currently confirmed for commercial development. As such, the company will ...

The Ministry of Mines and Energy emphasizes that Shell's decision to write down the discoveries will not significantly impact Namibia's oil and gas development. It is not a setback. We are positive ...

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

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 ...