Energy – News Stand

18 Jul

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

info_e12wt4csEnergy, Main

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…

14 Jul

Energy conference rolls out career platform for youth

info_e12wt4csEnergy, National NewsFuture Generations Masterclass, Namibia Oil and Gas Conference, Namibia Youth Energy Forum

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,…

26 Jun

Oil, dollar fluctuations affect Namibia

info_e12wt4csEnergy, Observer Money

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…

02 Jun

Oil and Gas event doubles in size to support SMEs

info_e12wt4csEnergy, Observer Money

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…

22 May

Consumers are preferring fuel-efficient cars

info_e12wt4csEnergy, Observer Money

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…

14 May

Farmers embrace solar-powered agriculture

info_e12wt4csEnergy, National News

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,…

21 Apr

Venus Oil Project enters environment study phase

info_e12wt4csEnergy, Observer Money

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…

16 Apr

Andrada announces Uis exploration drilling results

info_e12wt4csEnergy, Observer Money

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…

14 Apr

Opposition demands answers about N$100 million Angolan petroleum deal

info_e12wt4csEnergy, Main

Allexer Namundjembo Opposition political parties are demanding full public disclosure and accountability over the unexplained disappearance of N$100 million linked to a controversial oil and gas project, known as "the Transaction", in Angola Block 15/06. The project involves the National Petroleum Corporation of Namibia (NAMCOR) and other partners. More than a year after the Anti-Corruption Commission (ACC) launched an investigation, no official report has been made public. The Landless People’s Movement (LPM), through its spokesperson, Lifalaza Simataa, describes the situation as a pattern of state-owned entities mishandling public funds without consequences. “Large sums of money suspiciously not being recovered, going…

27 Mar

Media and civil society to drive green economy oversight

info_e12wt4csEnergy, National News

Herrta-Maria Amutenya Media and civil society will play a key role in monitoring Namibia’s transition to a green economy under a new initiative called the Eco Dialogue Collective. The project, funded by the European Union and German Development Cooperation, will run from 2025 to 2027. It aims to improve transparency and accountability in managing natural resources such as green hydrogen, oil, and gas. Peter Limbourg, Director General of Deutsche Welle (DW), said the project goes beyond sharing facts. “Namibia has an abundance of natural resources and precious ecosystems that need protection. But it also faces the effects of climate change…