BAIL RULING DAY ... Eight of the accused in the National Petroleum Corporation of Namibia (Namcor) fraud and corruption case are appearing in the Windhoek Magistrate's Court on Friday for the delivery of a ruling on the bail application of six of the accused. Former Namcor managing director Imms Mulunga, former Namcor employees Jennifer Hamukwaya and Olivia Dunaiski, businessmen Peter and Malakia Elindi, and Leo Nandago have applied to be granted bail, following their arrests in July. Video: Mit
BAIL RULING DAY ... Eight of the accused in the National Petroleu…
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Namibia not yet ready for oil refinery says NamCor By: Hertha Ekandjo The National Petroleum Corporation of Namibia (Namcor) says Namibia is not yet ready to establish its own oil refinery due to its current low fuel demand. Namcor explained the country’s daily domestic fuel demand stands at approximately 25,000 barrels, which is significantly below the minimum threshold of 100,000 to 300,000 barrels per day typically required to operate a refinery profitably. NamCor public relations officer, Pa
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The National Petroleum Corporation of Namibia (NAMCOR), is confident that oil will be discovered in Namibia soon. NAMCOR Managing Director, Immanuel Mulunga says the future for Namibia looks good in the oil and gas industry. Mulunga is part of a Namibian delegation, attending the Africa Energy Week, happening in Cape Town, South Africa. He addressed a session on Increasing Production and Investment in the Energy Transition World. He also told the gathering that stakeholders in the oil industry s
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The National Petroleum Corporation of Namibia (NAMCOR), is confiden…
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New chapter…Speaking at the Namibia Oil and Gas Conference underway at the Mercure Hotel, Victoria Sibeya, Acting Managing Director of the National Petroleum Corporation of Namibia (NAMCOR), said the country has entered a new chapter, with decades of sustained hydrocarbon promotion now bearing fruit. The Orange Basin is among the world’s most exciting new frontiers, thanks to groundbreaking discoveries in the region. As a result, Namibia has embarked on a new era, with the offshore sector now ra
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New chapter…Speaking at the Namibia Oil and Gas Conference u…
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10% MAINTAINED … National Petroleum Corporation of Namibia executive for upstream exploration Victoria Sibeya on Thursday said given the accompanying risk, the company will settle for its 10% stake in the country’s oil blocks. Namcor owns this stake, with exploration companies owning the majority of shares. Sibeya, along with her fellow executives and board chairperson Jennifer Comalie were addressing the media, following questions raised on the corporation’s sustainability. Video: Shelleygan Pe
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10% MAINTAINED … National Petroleum Corporation of Namibi…
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The National Petroleum Corporation of Namibia (NAMCOR) has started issuing directives to unvaccinated employees to provide weekly negative COVID-19 PCR test results, the cost of which will be carried by such employees or risk being sent home. There are various angles and implications to this discussion and for that, Dr Michael Akuupa, Labour expert discusses more on this matter. https://bit.ly/3KrXazm | NBC Digital News
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The National Petroleum Corporation of Namibia (NAMCOR) has started …
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BREAKING NEWS ... Former National Petroleum Corporation of Namibia managing director Immanuel Mulunga was arrested at his residence in Klein Windhoek on Tuesday. Details are not yet clear. However, Anti-Corruption Commission director general Paulus Noa has told The Namibian they are investigating Mulunga. Video: Veripuami Kangumine | The Namibian
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