Chevron

O PetroFund oya gandja oshimaliwa shoku ilongitha mo Technical and Vocational Education and Training (TVET) kaailongi 13 yoshiputudhilo sho NIMT

O PetroFund oya gandja oshimaliwa shoku ilongitha mo Technical and Vocational Education and Training (TVET) shoodola omilion 1.06 kaailongi 13 koshiputudhilo sho NIMP uule woomvula ndatu dhili komeho. Mboka ya pewa o scholarship otaya ilongele omadheulo mo Boilermaking,electrical work,no fitting and turning. Omukuluntu wiliki go PetroFund Nillian Mulemi okwati ehangano olya dhimbulula esimano lyowino yopaungomba nuulongelwe moshikondo shoka tashi holoka shomuku nomahooli. Tati osho yiimangele kumwe noshikandjohogololo sha !Naminus […]

9 April, 2025 24

Business / Economics

07 March Biz News: Markets, Earnings, Oil Deals & Trade Policy Shifts

Local Stock Market Update As of yesterday, the local stock market's free float market capitalization stands at N$16.71 billion, with 638,974 shares traded, amounting to N$16.41 million in value across 11 deals. For the month to date, 1,364,598 shares have been traded, totaling N$47.09 million, with 31 deals recorded. FirstRand Ltd Sees 10% Earnings Growth According to CNBC Africa, South Africa’s FirstRand Ltd reported a 10% rise in first-half […]

7 March, 2025 21

Business / Economics

Oil giant Chevron slashing up to 20% of its global workforce

Mass layoffs coming to Chevron. The oil major says it's slashing up to 20% of its global workforce as part of a cost-cutting effort. It's the last oil and gas company to cut headcount among lower prices. Toni Waterman has more.

13 February, 2025 51

Business / Economics

Immanuel Mulunga Highlights Low Odds of Finding Viable Oil in Namibia

Former petroleum commissioner, Immanuel Mulunga, estimates a 25–35% chance of companies discovering commercially viable oil in Namibia. Speaking with local media, the ex-Namcor managing director commented on Chevron’s recent announcement about failing to find hydrocarbons in the Orange Basin. Mulunga emphasized that oil exploration remains a high-risk endeavor.

17 January, 2025 187

Business / Economics

No oil: Sintana Energy optimistic despite Kapana 1-X outcome

Exploration map TORONTO, 15 January 2025 — Sintana Energy Inc. has given an operational update on the Kapana 1-X exploration well, located on Block 2813B within Petroleum Exploration License 90 (PEL 90). The block is operated by Harmattan Energy Limited, a subsidiary of Chevron Corporation, with Trago Energy (Pty) Ltd., a Custos Energy subsidiary in which Sintana holds a 49% indirect interest, owning a 10% working interest in the […]

16 January, 2025 36

Business / Economics

Namibia set for multiple offshore drilling projects this year

Namibia's offshore oil drilling will resume with the arrival of Saipem SpA’s Santorini drillship at the Mopane site, following a discovery by Galp Energia SGPS SA. Bloomberg reports that this marks the beginning of several drilling campaigns, including projects by TotalEnergies SE and Chevron Corp. Galp's CEO indicated that the company is preparing to drill its first of four new wells in Namibia later this year. Speaking at a conference […]

24 October, 2024 51

Business / Economics

Caltex brand returns to Namibia

By Selma Ikela, via News on One The Caltex brand is returning to Namibia six years after Astron Energy bought a majority share of the business. Chevron has appointed Bachmus to sell, market and distribute its oils and fuels using the Caltex brand. The two companies signed a long-term retail trademark licensing agreement to grow the Caltex-branded service stations nationwide. Caltex is a globally recognised premium […]

2 July, 2024 107

Local

NIEC 2024: Unveiling the Future of Energy in Namibia with Premier Sapphire Sponsors RMB, Shell, and Chevron

The Namibia International Energy Conference (NIEC), renowned as “The gathering” for energy sector deliberations in Namibia, proudly announces its Sapphire sponsors for the upcoming 2024 conference: RMB, Shell, and Chevron. This collaboration underscores the pivotal role of sponsorship in steering the conversations and innovations that will chart the future course of Namibia's energy sector. Selma Shimutwikeni, the founder of RichAfrica Consultancy and convener of the NIEC, extends a heartfelt thank […]

11 March, 2024 45

Business / Economics

Chevron finds contractor to undertake an environmental and social impact assessment

Chevron has contracted SLR Environment Consulting to undertake an environmental and social impact assessment for an oil exploration project in the Orange Basin. The impact assessment project leader, Nicholas Arnott, says the exploration project will continue to the development phase should the company find a substantial deposit of hydrocarbons in block 2813B. The purpose of the project is to drill exploratory wells to assess the potential to develop oil and […]

20 November, 2023 3