Chevron said on Wednesday it did not find commercial hydrocarbon reserves in an exploration well in Namibia's Orange Basin.

This series of setbacks presents a challenge for Namibia's aspirations of becoming a major crude oil producer. ・Chevron's ...

With Shell writing down a $400m investment, and Chevron backing out, questions arise about Namibia’s hopes to become a ...

Chevron Corporation CVX, one of the world’s leading oil companies, recently announced that the company did not discover commercially viable hydrocarbon reserves in its Kapana 1X exploration well in ...

Oil companies have flocked to the country, with recent offshore finds ranking among the largest this century, though ...

Chevron's initial bid for glory in Namibia's Orange basin has failed, with the US operator failing to find commercial hydrocarbons with its debut exploration well.

The well, situated in Block 2813B, governed by PEL 90 block, is operated by Harmattan Energy, an indirect subsidiary of ...

Harmattan Energy, an indirect subsidiary of Chevron, drilled a dry hole in its Kapana 1-X exploration well in Namibia's ...

Noronex Ltd’s drilling in the western lens of its Fiesta copper project in Namibia reports a solid 16m hit going 1.3pc copper ...

Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern African country’s efforts to become a crude producer.

Chevron Corporation ( NYSE: CVX) shares gained for seven straight sessions, as the stock closed 0.7% higher at $159.36 on Thursday. The oilfield services company gained nearly 6% in the preceding six ...