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 ...

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 ...

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

Shell, its partners QatarEnergy and Namco, discovered hydrocarbons in block PEL39 in 2022. This discovery, along with a ...

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

Shell has written down $400 million in oil discoveries offshore Namibia, which it considered commercially unviable. This is a ...

Filipe Silva resigned with immediate effect, with Portuguese major in process of drilling new exploration wells at Mopane ...

CEO Jensen Huang told Yahoo Finance that Nvidia is racing to get its next-gen Blackwell chips 'into every data center in the world.' Shares of the chip giant reversed course, falling as much as 5% ...

Portuguese oil company Galp has informed its Chief Executive Officer (CEO) Filipe Silva resigned from the position, following ...

Galp Energia SGPS SA said Filipe Silva resigned as chief executive officer of the Portuguese oil company for family reasons.