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

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

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 plc SHEL, the British oil and gas major, has stated that it will record a financial write-down of nearly $400 million over an offshore oil discovery in Namibia. The company has found the oil ...

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

King Nehale conservancy in the Oshikoto region spent about N$600 00 on consultation rooms at its healthcare centres last year.

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

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

The strategy they have arrived at to protect their wealth is to direct fear and hostility towards 'the Other' - migrants, ...

When it comes to travelling around the world, a strong passport can open doors and facilitate international travel easier.

In a press briefing after meeting with Denis Sassou Nguesso, president of the Republic of the Congo on Tuesday, China's ...