Gas

The Namibian Ministry of Industries, Mines and Energy has announced that fuel prices will remain unchanged for July 2025, despite significant under-recoveries caused by rising global oil costs. This decision aims to provide relief to consumers amid ongoing economic pressures. Global factors such as geopolitical tensions in the Middle East, …

Namibia is gearing up to solidify its position as Africa’s next energy frontier, with the third annual Namibia Oil and Gas Conference set to kick off from August 12 to 15 at the Mercure Hotel in Windhoek. The high-stakes event, endorsed by the Ministry of Mines and Energy, aims to …

Accelerating Africa’s liquefied natural gas (LNG) ambitions will depend on mobilizing risk-tolerant investment, building strong technical and commercial partnerships, and committing to local capacity-building, according to panellists at the Invest in African Energy (IAE) Forum in Paris. Speaking during a discussion on monetizing African gas sponsored by Perenco, UTM Offshore …

As Namibia’s energy sector surges ahead with exciting oil and gas discoveries, industry leaders gathered at this year’s Namibia International Energy Conference (NIEC) to issue a clear call, local businesses must be at the center of the country’s energy future. Several key players in the industry underlined during a panel …

A significant development as Namibia sets itself as a new energy leader in southern Africa, NAMCOR, the national oil firm of Namibia, has said the country might soon be generating more than 2.5 million tons of natural gas annually. Mtundeni Ndafyaalako, Executive of Upstream Development & Production at NAMCOR, spoke …

The National Petroleum Corporation of Namibia (NAMCOR) has reported a notable light oil discovery at the Capricornus 1-X exploration well under Petroleum Exploration License (PEL) 85, which might be a turning point for Namibia’s expanding oil and gas sector. Operator Rhino Resources drilled the well, which is located in the …

Namibian drivers will finally have some relief at the gas pump after two months of price increases. The Ministry of Mines, Energy and Industry has announced a fuel price reduction effective Wednesday, 2 April 2025, citing a combination of global oil price declines and a stronger Namibia Dollar. Diesel 50ppm …

Africa’s oil and gas sector continues to draw interest from international oil companies (IOCs) through well-structured Production Sharing Contracts (PSCs) and strategic farm-in agreements. Last week, US major Chevron completed a farm-in agreement with Custos Energy for PEL 82 in the Walvis Basin offshore Namibia. Under this transaction, Chevron acquired …

As Impact Oil & Gas, in collaboration with TotalEnergies, QatarEnergy, and NAMCOR, progresses important projects in Blocks 2913B and 2912, Namibia’s offshore oil and gas development is gaining steam. Namibia’s deep-water potential is changing the game for the nation’s energy industry, as evidenced by recent drilling results and continuing development …

Engen Petroleum has set a new benchmark in road transport safety, becoming the first and only oil company in South Africa to achieve Road Transport Management System (RTMS) certification for its entire national fleet of heavy vehicles. Awarded by JC Auditors (JCA), this prestigious certification underscores Engen’s unwavering commitment to …