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

Namibia’s Mines and Energy Ministry has downplayed the impact of energy company Shell recent $400-million write-down on its ...

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

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 ...

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

Shell plc SHEL, the British oil and gas major, has stated that it will record a financial write-down of nearly $400 million over an offshore oil discovery in Namibia. The company has found the oil ...

Shell begins commercial production at its Whale oil field in the Gulf of Mexico, while writing down a promising oil discovery ...

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 ...

Pipeline operator Kinder Morgan Inc said that two of its fuel pipelines in Los Angeles have been shut since Jan. 8 due to ...

For instance “Energy major TotalEnergies is expected to make a Final Investment Decision on its Orange Basin projects this ...

Oil prices have started the year rallying aggressively, with Brent breaking $80 on Friday morning for the first time since October 7th.

The 1st Duke of Wellington was a celebrated military hero before entering politics, and his extensive battlefield experience ...