Oslo-listed seismic company SeaBird Exploration is set to expand into seabed mining on the Norwegian continental shelf. The company aims to spin off and separately list its marine minerals business, Green Minerals, during the first quarter of 2021. “Strategically and operationally it makes sense to develop the marine minerals business …
Read More »Fuel prices to increase in February
Authorities at the Ministry of Mines and Energy has opted not to adjust fuel prices, despite the under-recoveries recorded over the past months However, its monthly fuel price review has concluded the need for an upward adjustment in local fuel pump prices due to the unfavorable exchange rate, for the …
Read More »Fuel prices remain unchanged
The Ministry of Mines and Energy has resolved to keep countrywide fuel pump prices unchanged for January 2021, with N$11.38 per litre for diesel while the petrol price will remain N$11.35 per litre. The development comes despite the under-recoveries which were observed in the previous month. In addition, the authorities said …
Read More »Namibia fuel price to increase starting September 2
The Ministry of Mines and Energy announced on Friday that Namibia will increase fuel prices of up to 2.6 per cent with effect from September 2. The ministry said the pump price of petrol at the port of entry in Walvis Bay is expected to increase by 30 cents to …
Read More »Greenpeace condemns exploitation of yet another fossil fuel in South Africa
Commenting on the arrival of Total’s oil and gas drill rig DeepSea Stavanger in Cape Town on August 12, environmental organisation Greenpeace Africa says the Department of Mineral Resources and Energy “needs to get its story straight”. “The claim is that the drilling aims to diversify South Africa’s energy mix, …
Read More »Namibia plans to solve housing problem by giving land to mining companies
ERONGO governor Neville Andre believes that giving land to mining companies could lead to the alleviation the problem of squatting in the Erongo region, which is increasing at an alarming rate. Andre has urged local authorities to make land available to large mining companies, at favourable rates, for the companies to …
Read More »How will multinational mining companies respond to investors’ growing focus on environmental, social and governance (ESG) issues?
Despite the short-to-midterm challenges of the global pandemic, the biggest challenge for multinational mining companies over the next decade will be responding to investors’ growing focus on environmental, social and governance (ESG) issues. As a focal point of how seriously the extractives industries are now taking ESG investing, over the …
Read More »Coronavirus: Africa might be the biggest loser
Researchers believe the spread of coronavirus in Asia might condemn the African continent to be the biggest loser outside Asia; this is despite the absence of a single case being confirmed thus far. According to Dirk Willem te Velde, principal research fellow at the Overseas Development Institute, a slowdown in …
Read More »Why use a triple point of water?
Despite primary standards being expensive and complex to use, there is, however, an exception to that and it’s the Triple Point of Water Cell. The fixed-points, sometimes called intrinsic standards, are used to define the International Temperature Scale of 1990 (ITS-90). The most commonly used fixed-point is the Triple Point of …
Read More »Cummins debuts new gas generator
Cummins has debuted the HSK78G natural gas generator series at the 2019 Middle East Electricity (MEE) at the Dubai World Trade Centre. The equipment is expected to fuel the next generation of power and offer a total package of gas generator capabilities and innovative gas technology for prime and peaking …
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