CAPE TOWN, April 29 (Reuters) - Namibia's national oil company (NAMCOR) has signed a development deal with Chevron that will see the U.S. oil major take an 80% operating working interest in an ...

CAPE TOWN, Aug 23 (Reuters) - Namibia holds about 11 billion barrels of oil in recently discovered offshore fields, with TotalEnergies' Venus-1X find making up almost half of the total, state-owned ...

The ACC has confirmed that more arrests are imminent, following the apprehension of eight individuals this week STAFF REPORTER Investigations by the Financial Intelligence Centre (FIC) have allegedly ...

The former National Petroleum Corporation of Namibia's (Namcor) board yesterday fired its managing director Immanuel Mulunga. Namcor confirmed the termination late last night. "The board of directors ...

The National Petroleum Corporation of Namibia (Namcor) and its joint venture partners have made a significant discovery off the southern coast of Namibia by detecting a high-quality light-oil-bearing ...

Government may have forfeited up to N$100 million in potential revenue after a long-term fuel storage agreement at the state-owned Walvis Bay facility reportedly priced storage charges far below ...

WINDHOEK, March 15 (Xinhua) -- The National Petroleum Corporation of Namibia (NAMCOR) announced a major discovery in the Orange Basin offshore Namibia Friday, saying that its drilling operation ...

Rhino Resources' closely-watched exploration well in Namibia's prolific Orange basin is expected to be completed shortly, according to state oil company Namcor. The Sagittarius-1X well spudded on 18 ...

CALGARY, Alberta, May 21, 2025 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces an update to its ...

Namibia's state oil company Namcor is assessing the potential of two blocks adjacent to the Kudu field, which could lead to it taking a stake in the multi-trillion-cubic-foot gas find if it extends to ...