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 ...

Custos Energy on Tuesday announced another significant oil discovery off the coast of Namibia, further cementing the country's Orange Basin as a promising new frontier for hydrocarbon exploration ...

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 ...

Substantial oil discovery made on the Bourdon prospect BW Energy is pleased to announce a substantial oil discovery with good reservoir quality on the Bourdon prospect in the Dussafu Licence offshore ...

jumped more than 7% Tuesday after the Portuguese energy corporation confirmed a new discovery at its Mopane-3X well offshore Namibia. Preliminary results indicate significant light oil and gas ...

Africa Oil will increase to full ownership its shareholding in Dutch entity Prime Oil & Gas Coöperatief, whose main assets ...

Canada’s Africa Oil Corporation is set to significantly expand its footprint in Nigeria by doubling its production to about 35,000 ...

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 ...

Galp has made what is thought to be a significant oil and gas-condensate discovery with its keenly watched Mopane-3X exploration well offshore Namibia, opening up at least two new geological plays ...

Petrobras produces oil and gas in Colombia through its subsidiary, Petrobras International Braspetro B.V., in partnership ...