FNB Namibia economist Helena Mboti speaks to Observer Money about Shell's recent announcement that it will write down approximately US$400 million...

Despite Shell’s recent announcement to write down US$400 million in PEL 39 from its operation in Namibia, other companies involved in the offshore...

Former petroleum commissioner Imms Mulunga says the chances of the companies prospecting for oil in Namibia finding commercially viable oil is as low...

The National Petroleum Corporation of Namibia (Namcor) says significant progress is being made in the country’s oil and gas exploration activities....

AOIFF completes a transaction with Eco (Atlantic) Oil & Gas to raise its stake in Block 3B/4B in the Orange Basin offshore South Africa to 18%.

CVX's Kapana 1X exploration in Namibia fails to yield commercial reserves but provides valuable geological insights.

BAGHDAD: THE state-owned Iraqi Midland Oil Company said on Monday that it has discovered huge oil reserves in the East Baghdad oil field, reported...

BAGHDAD, Jan. 20 (Xinhua) -- The state-owned Iraqi Midland Oil Company said on Monday that it has discovered huge oil reserves in the East Baghdad oil...

Africa Oil Corp has announced an increase in the group’s direct interest in Block 3B/4B, offshore South Africa, to 18.0%. This block lies to the...

Eco (Atlantic) Oil & Gas, the oil and gas exploration company focused on the offshore Atlantic Margins, has announced completion of its transaction...