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 …
Read More »Oil pipeline from Mozambique on the cards
President Hakainde Hichilema has announced the country’s intentions to build a pipeline to transport oil products from the port of Beira, Mozambique. Supporting the vision, Mozambican transport minister Mateus Magala said a boom in mineral resources in Zambia means that Mozambique should plan to increase the volume of cargo that …
Read More »‘We need to insist that processed minerals are used as inputs into locally manufactured goods’
The Minister of Mines and Energy, Tom Alweendo believes that it is through the exploitation of its raw materials that Namibia has a clear window of opportunity to transform the economy and effectively address the triple social ills of unemployment, poverty, and inequality. He said currently, Namibia’s biggest socio-economic challenge …
Read More »Eureka! Third Oil Discovery Announced
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 …
Read More »Namibia’s new era of hydrocarbon exploration and production
The African Energy Chamber sat with Ian Cloke, COO Afentra to discuss the enormous potential of what could engineer Namibia’s new era of hydrocarbon exploration and production for the country As Namibia’s second important discovery in recent weeks, Namibia’s oil and gas industry is set to create an influx of …
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 »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 »ReconAfrica unlocks petroleum potential in the Kavango basin
Authorities at the mines and energy ministries and ReconAfrica have confirmed a working petroleum system in Kavango. In ReconAfrica’s latest report the preliminary analysis of the data from the 6-2 well, the first of a three-well drilling program, provides clear evidence of a working conventional petroleum system in the Kavango …
Read More »3rd consecutive fuel hike on the horizon
New fuel prices are on the radar, according to the latest announcement from the Ministry of Mines and Energy. The authorities say the fuel price review for April 2021 has resolved to increase the price of petrol by 50 cents per liter and diesel by 50 cents per liter. The …
Read More »Activists advise Agric Minister on oil drilling and fracking in the Kavango basin
Save Okavango’s Unique Life (Soul) have advised Namibia’s agriculture, water and land reform minister to work with other government ministries to introduce an immediate moratorium on Canadian oil and gas firm ReconAfrica’s current petroleum exploration activities in the Kavango region in Namibia. Save Okavango’s Unique Life (Soul), an alliance of …
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