The oil exploration company Gustos Energy has announced the discovery of a "significant" quantity of oil off the coast of ...

Shell has submitted its core environmental report to South Africa’s authorities covering a high-profile exploration campaign ...

Scheduled for March 20th, the event promises to deliver crucial insights into Namibia’s vast subsurface potential, the key ...

Namibia's government plays a pivotal role in regulating its oil industry. In terms of the Constitution, all natural resources, including petroleum, "shall be owned by the state". It exerts this ...

Portugal-based energy firm Galp on Tuesday announced a new light oil and gas-condensate discovery offshore Namibia, which has become one of the world’s latest exploration hotspots. Galp and its ...

African Energy Chamber, Wood Mackenzie, Ministry of Mines & Energy to Host Webinar on Namibia’s Exploration Boom ...

Africa accounted for 35 percent of the newly discovered oil reserves in 2024, however, Nigeria was absent from the findings.

The Mopane-3X well is located in the south-east of the Mopane complex at a water depth of approximately 1,200m.

Namibia is taking a more cautious view on its long-term oil prospects after the latest exploration wells failed to add to a string of discoveries that started about three years ago. Chevron Corp ...

7.2% in European trading Tuesday after saying it made a significant discovery of oil and gas condensate at its Mopane-3X exploration well offshore Namibia, opening up at least two new geological ...

Canada's Africa Oil Corporation will double its Nigerian output and the size of its reserves there once it completes its deal for full ownership of Prime Oil next Tuesday, a senior company executive ...