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Seychelles signs $20 million loan agreement with OPEC Fund for International Development

Reflection on Local Content Policies: A Catalyst for Namibia's Economic Development and Growth - Opinions

The namibia chamber of Commerce and Industry and Antila Consultancy hosted a local content oil and gas conference at Lüderitz from 16 to 18 April, under […]

OPEC Ready to Support Namibia's Oil Production Endeavours

OPEC excited about Namibia partnership, offers support

OPEC keen to cooperate with Namibia

The Organisation of the Petroleum Exporting Countries (OPEC) secretary general Haitham Ghais says they are keen to intensify cooperation with Namibia. This is considering Namibia's oil […]

How oil shocks can be less shocking

It has been over seven months since the Israel-Hamas War erupted on Oct 7, 2023. Prices of Brent crude, the international benchmark, have broadly stayed range-bound though it has hit a high of US$92.16 for a barrel of crude oil (bbl) on Oct 16, 2023 and US$90.48 per bbl on April 5, 2024.

Alweendo pauses OPEC talks

Mines minister Tom Alweendo says it is still too early for Namibia to start entertaining talks around joining oil cartel, the Organisation of the Petroleum Exporting Countries...

Oil stabilises amid easing Iran-Israel tensions

Iran’s downplaying of Israeli attack brings relief to market

Oil Prices Jump, Stocks Slump After Israeli Attack On Iran Amid Concerns Of Wider Middle East Conflict

Asian shares and bond yields sank on Friday while safe-haven currencies, gold and crude oil jumped after reports Israel attacked Iran in a continuing series of assaults that have increased concerns of a wider conflict in the Middle East, Reuters reports.   However, the scope was mitigated somewhat as details emerged the Israeli attack was limited and Iranian officials denied any missiles were launched against it.  

Global stocks off two-month low as Mideast fears ease