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.

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

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 ...

Although Shell and TotalEnergies had announced discoveries of at least 11 billion barrels of light oil and 8. 7 trillion ...

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 ...

A major setback has struck Namibia’s aspirations to join the ranks of oil-producing nations as energy giant Shell announces ...

MYND Life Sciences (CSE: MYND) (OTC Pink: MYNDF) ("MYND" or the "Company") a clinical-stage life sciences company committed ...

HKU Business School yesterday unveiled the "Hong Kong Economic Policy Green Paper 2025" ("Green Paper"). This comprehensive ...

A nationwide search for a new executive director for The Elizabeth River Project’s Board of Directors has resulted in a ...

A pair of Kohl’s locations in the Cincinnati area will close by April 2025. Kohl’s in Blue Ash and Forest Park are among 27 “underperforming” stores set to be closed, the company announced Thursday.

Thursday January 09, 2025 - Oil market sentiment appears to have improved significantly over the past month, analysts at Standard Chartered Bank said.