Monday , November 28 2022

Gas

Namibia Selected as a crucial mining and energy growth market

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 …

Read More »

Save fuel with Ctrack Crystal.

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. …

Read More »

SADC’s Regional Gas Masterplan set to enable utilization of region’s abundant gas reserves, and reduce reliance on coal

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. …

Read More »

‘GIP brings established global capabilities to the Pluto Train 2 JV’

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 …

Read More »

NEF hikes fuel prices

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 …

Read More »

The African Oil & Gas Sector Needs An Energy Boost

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 …

Read More »

August fuel prices to remain unchanged

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 …

Read More »

Reconafrica Completes Acquisition of Renaissance

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 …

Read More »

North African Oil and Gas Producers Ready for Energy Transition.

Several players active in North Africa’s oil and gas space-producing countries, independent oil companies (IOCs), service providers, and others, are already signed up for Africa Oil Week in November this year. Africa Oil Week announced that the event is temporarily moved to Dubai as a Covide-19 safety measure, but will …

Read More »

Ministry keeps fuel prices unchanged

Namibia Ministry of Mines and Energy has decided to keep the fuel pump prices for June unchanged while still accommodating the Road User Levy increase of 7 c/l, effective 01 June. He said this following relatively low under-recoveries of 49 cents on petrol and an under-recovery of 23 cents on …

Read More »