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Namibia's hopes of becoming an oil producer received a boost this week following the discovery of a hydrocarbon-bearing formation in its Sagittarius-1X. Photo Bloomberg

Rhino Resources’ Sagittarius-1X well hits hydrocarbons

12 Hours Ago

Recon recently discovered traces of oil in the Naingopo well which it intends to further analyse.

ReconAfrica finds oil traces in onshore Naingopo well

2 Week Ago

A map outlining the location of Kudu gas field.

BW Kudu set to submit plan for Kudu gas field by year-end

3 Week Ago

FILE PHOTO: Security officers walk past the Johannesburg Stock Exchange (JSE) in Sandton, South Africa, March 30, 2020. REUTERS/Siphiwe Sibeko/File Photo

Company News in Brief

4 Week Ago

Namibia has been cautioned not to place its bets on green hydrogen and oil and gas yet to propel economic growth.

Government cautioned not to bet on oil, green hydrogen

1 Month Ago

Various airlines as seen at South Africa's OR Tambo International Airport.

Company News in Brief

1 Month Ago

Shell’s PEL0039 license is a joint venture in which it holds a 45% stake as operator and also involves QatarEnergy with a participating interest of 45% and the national oil company Namcor holding 10%.

Shell exploring other opportunities in Namibia despite $400m write-off

1 Month Ago

CONFIDENT: Namcor says it is not financially exposed by the new developments. PHOTO: NAMCOR

Namcor bullish despite Shell’s mixed confidence

1 Month Ago

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2024: The year of expectations

1 Month Ago

Sanlam recently a 12.3% in its asset manager to Ninety One Investment.

COMPANY NEWS IN BRIEF

2 Month Ago

Photo Unsplash/Galen Crout

Bold bet in Namibia’s Orange Basin

3 Month Ago

The central bank building in the capital Luanda, Angola.Photo: Reuters

Prospect of lower oil prices puts pressure on Angola, finance minister says

3 Month Ago

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