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

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

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

Namibia’s government has refuted Shell’s position that its discoveries in the Orange basin are uneconomic to develop and said ...

Political leaders have shunned the Alternative for Germany. But on his social media platform X, Mr. Musk is pitching the party as mainstream. By Jim Tankersley Pierre Poilievre, the Conservative ...

Q: What is the Namibian Dollar worth against the South African Rand? A: One Namibian Dollar is worth 1.0007 South African Rands today Q: Is the Namibian Dollar going up or down against the South ...