Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a ...

Shell has determined that an oil discovery off the coast of Namibia is not commercially viable, leading to a projected ...

Resource-rich Namibia starts the year with the prospect of multibillion-dollar investments in nuclear power, minerals ...

Namibia, one of the world’s largest uranium producers, is seeking investment from China in nuclear power to boost its role in ...

Supermajor says write-off is ‘accounting process’; licence still has oil and gas potential; and looks for other Namibia ...

Energy major Shell has announced that oil discovered offshore Namibia in Petroleum Exploration License (PEL) 39 cannot be currently confirmed for commercial development. As such, the company will ...

Shell and its partners in Namibia were now exploring other opportunities and pathways towards development of oil and gas ...

Activist Jimmy Areseb and others accused officials of accepting bribes from a Chinese mining company in return for access to ...

Shell Plc is still seeking commercial pathways to oil production in Namibia after writing off about $400 million of wells in the southern African country, where multiple energy majors have been ...

The pact between Germany and Namibia on atrocities, including genocide, committed under colonial rule is deeply flawed.

Shell, its partners QatarEnergy and Namco, discovered hydrocarbons in block PEL39 in 2022. This discovery, along with a ...

The Ministry of Mines and Energy emphasizes that Shell's decision to write down the discoveries will not significantly impact ...