insert_link Business / Economics Energy companies bid for stake in Galp’s Namibia oil discovery Exxon Mobil, Shell, TotalEnergies, and Equinor are among the major energy companies considering bids for a 40% stake in Galp Energia's Mopane oil field discovery offshore Namibia. According to Galp Energia's estimates, the Mopane complex contains 10 billion barrels of oil equivalent (boe) and could be valued at around N$362 billion or more, as reported by Bloomberg. Bloomberg reports that Galp Energia, with the help of a financial advisor, is […] todayMay 22, 2024 18
insert_link South Africa S.A union Saftu Urges Government Response as Shell Plans Exit from Liquid Fuels Market S.A union Saftu says Shell's planned departure from South Africa's downstream market for liquid fuels is a wake-up call for the government to begin requiring the production and distribution of electric vehicles finally. However, it depends on the private sector to do so. Saftu’s spokesperson Trevor Shaku says the government's role is currently relegated to creating an enabling environment for capitalism to incentivise multinational-corporate automotive businesses: todayMay 13, 2024 7
insert_link World Future Media News, Top Stories: May 6th – May 10th https://youtu.be/ocuYJYvY62w In case you missed this week's top stories: Namibia prepares for elections with voter registration dates announced, Namibian delegation attends Italy's leading Fruit and Vegetable Expo, and investigations initiated into a death at Katutura Health Centre. AstraZeneca admits a rare side effect from its Covid-19 vaccine, and the government is monitoring developments. A new app launched by NUST UNESCO Research Chair aims to prevent violence. In regional news, […] todayMay 10, 2024 13
insert_link Business / Economics EXCLUSIVE: Independent Business And Economics Researcher, Josef Kefas Sheehama on Shell’s Potential Departure from South Africa: Implications and Opportunities As the global economic landscape continues to shift, recent developments have put South Africa and its neighboring countries on high alert. Josef Kefas Sheehama, an Independent Business and Economics Researcher, sheds light on the imminent withdrawal of Shell from South Africa after a remarkable 122-year presence. In a recent interview, Sheehama outlined the potential repercussions and highlighted opportunities for South Africa and Namibia amidst this transition. Sheehama emphasizes the magnitude […] todayMay 7, 2024 28
insert_link Namibia Shell’s Potential Exit Sends Shockwaves Through South Africa and Neighbors, Expert Warns of Economic Impact As the global economic landscape continues to shift, recent developments have put South Africa and its neighboring countries on high alert. Josef Sheehama, an expert in corporate governance and economic affairs, offers comment on the potential withdrawal of Shell from South Africa after a remarkable 122-year presence. todayMay 7, 2024 22
insert_link Business / Economics Namibia may tap its trillion dollar oil & gas windfall to fuel renewables ambitions. By Bonface Orucho, bird story agency Namibia has been advancing extensive oil and gas exploration, and making substantial discoveries. Portuguese oil and gas company recently announced another discovery of “a significant column” of light oil in high-quality reservoirs. A press statement from Galp on March 15, confirmed the find at the Mopane-2X well in the larger Orange Basin, off the Namibian Coast, adding to its oil discovery […] todayMarch 20, 2024 19
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 […] todayMarch 11, 2024 32
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.
