insert_link Business / Economics Namcor reports on operational progress of Venus wells Exterior view of the NAMCOR (National Petroleum Corporation of Namibia) offices The National Petroleum Corporation of Namibia (Namcor) has made significant progress in its post-well studies for the Venus oil wells. The studies, which include analysing core samples, logging data, and fluid samples, form part of Namibia’s growing oil exploration activities in the Orange Basin. Ongoing collaboration and operational updates Namcor’s latest operational update indicates […] todayJanuary 27, 2025 88
insert_link Africa Nigerian Environmentalists Oppose Oil Production Resumption in Ogoniland Reuters says environmentalists in Nigeria on Tuesday criticized the government's plan to restart oil production in Ogoniland, calling for a suspension until thorough discussions with local communities are held. Ogoniland, located in the oil-rich Niger River delta's Rivers state, has been a hotspot for pollution. A $1 billion cleanup effort began in 2018, following a 2011 UN Environmental Programme study. todayJanuary 22, 2025 7
insert_link Business / Economics About 10 billion barrels of oil discovered off Namibia’s coast An estimated 10bn barrels of oil has been discovered in Namibia, Portuguese oil company Galp Energia has said. The company told Bloomberg News that it had made the potential find after concluding its first phase of oil exploration in the Mopane field off Namibia's coast. Vast oil and gas reserves have been discovered in Namibia's Orange Basin, where Mopane is located, in recent years. Namibia is eyeing an entry into […] todayApril 22, 2024 110