Energy

Nandi-Ndaitwah vows to guard citizens’ share of oil wealth

Nandi-Ndaitwah vows to guard citizens’ share of oil wealth

Justicia Shipena  Namibia will not tolerate practices in the oil and gas industry that deny citizens their fair share of benefits, President Netumbo Nandi-Ndaitwah has warned.  She said the government will strictly monitor activities to ensure compliance with laws, regulations, and the local content policy. Nandi-Ndaitwah made the remarks at the Namibia Oil and Gas Conference on Wednesday in a speech delivered on her behalf by Kornelia Shilunga, head of the Upstream Petroleum Unit in the Presidency. The third edition of the conference draws 1,161 delegates and 73 exhibitors and takes place in Windhoek under the theme “From Exploration to…
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Central valley to undergo GH2 impact assessment in September

Central valley to undergo GH2 impact assessment in September

Justicia Shipena The strategic environmental and social assessment (SESA) for green hydrogen production in the country’s central valley is set to begin in September. The contracting for SESA is expected to be finalised this month.  “We are at the end of the procurement process. Hopefully this week we are going to open some financial envelopes and see what that looks like, and we hope to be contracting in August so that it can start in September,” said Eline van der Linden, head of impact and ESG at the Namibia Green Hydrogen Programme (NGH2P), during a press briefing on Friday. The…
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Fuelgate: Wealthy Malakia fears N$18m loss over arrest

Fuelgate: Wealthy Malakia fears N$18m loss over arrest

Hertta-Maria Amutenja Businessman Malakia Elindi, who is worth N$118 million, claims his arrest could cost him to lose N$18 million in a mining deal with a foreign investor. Malakia, one of the accused in the Namcor corruption and bribery case, made this revelation during his ongoing bail application in the Windhoek Magistrates Court this week. He told the court that he was about to finalise an investment agreement for uranium (EPL 8289) through his company, Zoya Minerals CC, when he was arrested. “I was also in pain with the timing of the arrest. I was just on the verge of…
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Energy conference rolls out career platform for youth

Energy conference rolls out career platform for youth

Staff Writer  The third Namibia Oil and Gas Conference (NOGC 2025) will introduce a half-day programme aimed at preparing young Namibians for careers in the country’s energy sector.  The new initiative, Future Generations Masterclass, was  launched in partnership with the Namibia Youth Energy Forum (NYEF). It designed to equip students, graduates, and young professionals with the skills and knowledge needed to navigate the evolving oil and gas industry. The conference, which runs from 12 to 15 August in Windhoek, is themed “From Exploration to Action – Positioning Namibia as the Next Energy Frontier”.  It will feature global energy leaders, investors,…
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Oil, dollar fluctuations affect Namibia

Oil, dollar fluctuations affect Namibia

Chamwe Kaira Namibia takes a direct hit whenever oil prices rise or the US dollar strengthens on global markets.  The country imports all its refined fuel, has no domestic refining capacity, and holds only modest foreign currency reserves. According to a report by Simonis Storm Securities, these external shocks drive up imported inflation and widen trade imbalances.  The firm estimates that a sustained 10% rise in Brent crude prices increases Namibia’s headline inflation by between 0.8 and 1.2 percentage points. The impact depends on how fast the higher costs filter through and how stable the currency remains. “The Namibia dollar…
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Oil and Gas event doubles in size to support SMEs

Oil and Gas event doubles in size to support SMEs

Allexer Namundjebo The Namibia Oil and Gas Conference (NOGC) will double in size this year and add a new exhibition hall to give more access to entrepreneurs and small businesses. On Monday, the Economic Association of Namibia (EAN), the Namibia Investment Promotion and Development Board (NIPDB), and the Hanns Seidel Foundation launched the third edition of the conference in Windhoek. The conference will take place from 12 to 15 August in Windhoek.  It is endorsed by the Ministry of Mines and Energy and supported by the National Petroleum Corporation of Namibia (Namcor) and SNC Incorporated. This year’s theme is “From…
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Consumers are preferring fuel-efficient cars

Consumers are preferring fuel-efficient cars

CHAMWE KAIRA Namibian car buyers are shifting their focus from luxury and performance to affordability, fuel efficiency, and practicality. Simonis Storm Securities says this trend is creating space for new brands, especially Chinese manufacturers, to enter the market as some established European brands lose ground. “This evolution presents new opportunities for local dealerships, financiers, and service providers to adapt their offerings in line with shifting consumer expectations, focusing more on cost-conscious packages, servicing support, and competitive financing models tailored to the growing mid-tier vehicle segment,” Simonis Storm Securities said. Vehicle sales data for April 2025 show a strong preference for…
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Farmers embrace solar-powered agriculture

Farmers embrace solar-powered agriculture

Staff Writer  Local farmers recently participated in a workshop focused on Agri-PV technology, a project supported by the GIZ INSPIRED Agri-PV initiative at the University of Namibia’s Ogongo Campus. The goal was to explore how Agri-PV systems can help achieve sustainable vegetable and fruit production while also providing climate-adapted energy solutions in Namibia. The workshop attracted 95 participants, including representatives from the Ministry of Agriculture, Fisheries, Water and Land Reform (MAFWLR), UNAM, regional councils, and local farmers.  It aimed to show how farmers can use their land for both crop production and solar energy generation.  Agri-PV systems provide multiple benefits,…
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Venus Oil Project enters environment study phase

Venus Oil Project enters environment study phase

Ester Mbathera  The Venus Oil Project, located offshore in Block 2913B, has entered its environmental and social impact assessment (ESIA) phase as TotalEnergies EP Namibia B.V. and its joint venture partners NAMCOR and QatarEnergy move ahead with plans to start oil production. The Venus Field lies approximately 290 kilometres southwest of Lüderitz, in waters around 3 000 metres deep. The proposed development involves drilling up to 40 subsea wells, installing supporting infrastructure, and deploying a floating production storage and offloading vessel (FPSO) to process and store the extracted oil. The FPSO will offload oil to tankers for export, while supply…
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Andrada announces Uis exploration drilling results

Andrada announces Uis exploration drilling results

CHAMWE KAIRA  Andrada Mining Limited has announced initial drill results from 13 proximal pegmatites located within the Uis Tin Mine licence area (ML134) in Namibia’s Erongo Region. The company said the results reaffirm the scale and quality of mineralisation across the site and support its goal of expanding the production of tin, lithium, and tantalum—minerals critical to the global energy transition. These pegmatites are within a 3km radius from the existing processing plant at the Uis Tin Mine and constitute part of a swarm comprising approximately 180 mineralised pegmatites identified to date within the license area. The ongoing programme covering…
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