petroleum sector

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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 […]

today27 January, 2025

South Africa

South Africa’s manufacturing production rose by 0.8-percent in October

South Africa's manufacturing production rose by 0.8-percent in October, with the biggest growth in the petroleum, chemicals, and food sectors. However, the motor vehicle sector dropped by 16.6-percent. Statistics South Africa’s Nicolai Claassen says manufacturing sales went up by 2.3-percent from September, but fell by 1.2-percent over the last three months:

today11 December, 2024