insert_link Business / Economics Galp Energia Announces Discovery of Significant Light Oil Column in Namibia Galp Energia has reported the identification of a substantial column of light oil and plans to conduct a thorough analysis of the gathered data. The company is also looking ahead to conducting a Drill Stem Test in the upcoming weeks to evaluate the commercial viability of this discovery. Paulo Coelho, NamCor's Manager of Marketing, Communications, and Public Relations, shared this information. Meanwhile, Namcor has also announced that the Bank of […] todayJanuary 11, 2024 3
insert_link Business / Economics Ripples of 2023: FBS’s insight on the 2024 global financial outlook With 2023 coming to an end, leading global broker FBS looks back at the significant economic events and delves into the perspective of the financial landscape in 2024. FBS financial market analysts point out that next year, financial markets will stand at the cusp of transformation under the influence of the US economy, global and local military conflicts, and the sprawl of AI. As FBS experts further stress, the cautious stance […] todayDecember 19, 2023 4
insert_link Namibia Women should not be spectators but real actors in economy: Ndjaleka !Nami#Nus Constituency Councillor, Susan Ndjaleka has urged women and girls in her constituency to fully participate in the development of the oil, gas and green hydrogen industries that are set to take off in the constituency. She said women and girls should receive fair recognition in all economic programmes and projects that will be implemented in these industries. Ndjaleka who was speaking at the commemoration of International Human Rights Day […] todayDecember 12, 2023 3
insert_link Africa COP28 must answer the call for a fossil fuel phase out As COP28 resumes for a second week, negotiators will be faced with answering the call for a commitment to a Fossil Fuel Phase Out in Dubai. Never before have we heard so many voices, coming from so many directions to seize the moment and commit to phasing out oil, coal and gas. And never before have alternative formulations on fossil fuel phase out made it this far into a draft […] todayDecember 12, 2023 6
insert_link World Venezuela makes moves to claim Guyanan territory Venezuela claims it has large public support to take over the territory of Essequibo, which has long been ruled by neighbouring Guyana. This, Al Jazeera reports, follows a referendum which was held in Venezuela over the weekend despite warnings from the International Court of Justice to refrain from “taking any action” that could alter the status quo in the region. Caracas considers Essequibo, which is larger than Greece and rich […] todayDecember 4, 2023 8
insert_link Business / Economics How will Namibia’s oil and green hydrogen discoveries impact Lüderitz and Aus? With the growth of the oil and green hydrogen industries will come massive changes for the, till now, 'sleepy little towns' of Lüderitz and Aus. Here is an outline of where things currently stand and what the plans for the future emtail. Click on each image to see the slide in full size. todayNovember 29, 2023 23
insert_link Local Unlocking Namibia’s Oil and Gas Potential: Insights from African Energy Week 2023 Presentation by Namcor Namibian national oil company Namcor is progressing plans to further develop the country’s oil and gas sector to meet ongoing energy demands and to eradicate energy poverty, with the company settings its sights on drilling two gas and oil wells in collaboration with international oil companies in the fourth quarter of 2023 and into the first quarter of 2024. Namcor holds a unique position as both an upstream and downstream […] todayOctober 19, 2023 5
insert_link Business / Economics Namibian Petroleum Commissioner Shares Updates on Country’s Energy Prospects at #AEW2023 Maggy Shino, the Petroleum Commissioner of Namibia's Ministry of Mines and Energy, provided a comprehensive update on the nation's oil and gas sector during a workshop session at African Energy Week (AEW) 2023 organized by the African Energy Chamber (www.EnergyChamber.org). Shino commenced by highlighting the promising opportunities in Namibia, particularly regarding the arrival of Total's Deepsea Mira rig. She shared, "Total’s Deepsea Mira rig departed from Bergen, Norway, at the […] todayOctober 19, 2023 3
insert_link Namibia President Hage Geingob says Namibia is currently a ‘hotbed’ for hydrocarbon prospecting President Hage Geingob yesterday stated that Namibia is currently a ‘hotbed’ for hydrocarbon prospecting with a share of 13 per cent of all offshore rigs operating in Africa. Geingob said this at the African energy renaissance themed: prioritising energy poverty, people, planet, industrialisation and free markets which ends today in South Africa. A statement issued by the Presidency quoted the president as saying that the country has witnessed more than […] todayOctober 18, 2023
Paying it forward: Kenyan coastal doctor Bashrahil Mohammed Mafudh has made it his life’s work to care for the most vulnerable in his community, at no cost.
