Shell writes down Namibia oil discovery in blow to country
Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a ...
Zawya23h
Namibia: Shell Write Down Merely a Speed Bump, not a Road Block
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 ...
Zawya22h
Ministry of Mines and Energy Responds to Shell's Orange Basin Write-Down
The Ministry of Mines and Energy emphasizes that Shell's decision to write down the discoveries will not significantly impact ...
economist.com.na2h
Shell write down not a setback, we will soldier on – Alweendo
The Minister of Mines and Energy, Hon Tom Alweendo announced that the decision for multi-national oil and gas company Shell to write down N$400 million on the Orange Basin oil discovery, will not ...
Upstream4h
Unhappy Namibia rejects Shell claims that discoveries are not commercial, as it seeks ‘right partner’ to develop them
Namibia’s government has refuted Shell’s position that its discoveries in the Orange basin are uneconomic to develop and said ...
Exchange Rates17h
Latest Namibian Dollar to South African Rand Rate and Live NAD/ZAR Data
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 ...
Greek Reporter17h
Greek News
Greek-American actor John Stamos marked his nameday on January 7, with a post reflecting on his Greek heritage and the influential people in his family bearing the same first name. "Today I celebrate ...