insert_link Business / EconomicsGovernment to hold regional outreach on upstream local content policy Starting 1 September , the Petroleum Upstream Unit will engage stakeholders on the draft National Upstream Local Content Policy. Carlo McLeod, Presidential Special Advisor, says the program aims to guarantee that local citizens benefit from the oil and gas sector. today28 August, 2025
insert_link NamibiaMulunga Accused of Concealing N$53m Fuel Deal. Anti-Corruption Commission lead investigator Oberty Inambao has alleged that former Namcor managing director Immanuel Mulunga hid the full details of a N$53 million fuel asset transaction with Enercon from the company’s board, even though he was fully aware of the deal, according to NewsOnOne’s Envaalde Matheus. The transaction is linked to a larger N$480 million corruption scandal involving several entities. today6 August, 2025
insert_link Business / EconomicsPETROFUND Backs Youth Oil & Gas Summit in Walvis Bay. The Petroleum Training and Education Fund has thrown its weight behind the upcoming Youth in Oil and Gas Summit, happening from 24 to 25 July in Walvis Bay. Under the banner “Drilling into the Future: Empowering Youth in the Oil and Gas Revolution,” the gathering aims to equip young people with key skills and industry knowledge. PETROFUND spokesperson Shoki Kandjimi: today15 July, 2025
insert_link Business / EconomicsAugust Oil and Gas Conference to Drive Alignment The third Oil and Gas Conference, happening from 12 to 15 August , will unite industry players, government, and partners to focus on aligning the sector with national development plans during the shift from exploration to production. Jason Kasuto is the Chairperson of the Economic Association: today11 July, 2025
insert_link Business / EconomicsNAMCOR Completes Drilling of Sagittarius-1X Well The National Petroleum Corporation and its partners have completed drilling the Sagittarius-1X exploration well in Block 2914 of the Orange Basin. NAMCOR’s Manager of Marketing, Communications, and Public Relations, Paulo Coelho: indicates that drilling began on 18 December 2024 using the Noble Venturer drillship and reached total depth on 6 February 2025. today19 February, 2025
insert_link Business / EconomicsOil 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. today13 February, 2025
