Gas

The energy transition can be a source of angst for oil and gas producers, but it doesn’t have to be a cause for concern – at least not in every context. In fact, when it comes to powering oil and gas production assets  which are typically reliant on diesel power …

The National Petroleum Corporation of Namibia (NAMCOR), in partnership with Shell and QatarEnergy on 6 March announced a light oil discovery of oil in the Jonker-1X deep-water exploration well. The Joint Venture group comprises Shell Namibia B.V (45%), QatarEnergy (45%), and NAMCOR (10%). The well was drilled in Block 2913A …

In the medium term, sub-Saharan Africa’s mining and energy sectors have selected NAMIBIA as a crucial growth market. This is because the outlook for the industries has generally improved, as a result of higher commodity prices, quick technological improvements, and a more accommodating local regulatory framework. Given that they have …

The ever-increasing fuel price continues to put pressure on motorists and businesses. Unfortunately, as consumers, we are at the mercy of government and global oil prices. For many businesses that operate fleets, driving less is not an option. The most apparent solution is finding ways to use vehicles more efficiently. …

In response to the global commitment, including the Paris Agreement’s ambition to reduce carbon emissions and maintain global temperatures below 1.5° Celsius, the Southern African Development Community (SADC) is developing the Regional Gas Masterplan to enable the utilization of the region’s abundant gas reserves and reduce its reliance on coal. …

ASX-listed Woodside CEO, Meg O’Neill, has revealed that the company is looking forward to developing Pluto Train 2 in close collaboration with GIP as they bring vast global capabilities.  Woodside Energy has completed the sale of a 49% non-operating participating interest in the Pluto Train 2 joint venture (JV) to …

By GLENN-NORA TJIPURA Consumers should anticipate an increase in fuel prices beginning of September, the Ministry of Mines and Energy has announced. The expected price hike will see petrol increase by 60 cents per litre and diesel by 30 cents per litre. The development comes as authorities have announced that …

The past 18 months have torn through industry and sector globally, leaving behind complex layers of economic instability and financial growth uncertainty. For the oil and gas sector, these months have hit the bottom line like a hammer – as the African Energy Chamber (AEC) Africa Energy Outlook 2021 report …

Authorities have resolved to keep the fuel pump prices unchanged for August The Ministry of Mines and Energy said petrol pump prices will remain at N$13.55 c/l and diesel prices will remain at N$13.58 c/l. In July under-recoveries of 91.236 cents/litre was recorded on petrol while 50ppm diesel recorded an …

By Glenn-Nora Tjipura The Canadian company Reconnaissance Energy Africa (ReconAfrica) on the 27th July announced that it has completed the previously announced acquisition of fellow Canadian explorer Renaissance Oil Corp. Renaissance is the onshore operator in Mexico with 100% working interest. Their shares are expected to be delisted from the TSX …