The Minister of Industries, Mines, and Energy, Frans Kapofi, has proposed tabling the Petroleum Amendment Bill, aimed at establishing an upstream petroleum unit as well as introducing measures to strengthen fiscal transparency and accountability.
After its monthly review, the Ministry of Industries, Mines and Energy has decided to keep the fuel price for November unchanged.
President Netumbo Nandi-Ndaitwah says her decision to assume responsibility for the Ministry of Industries, Mines and Energy is aimed at ensuring stability, a renewed focus, and a stronger sense of purpose.
However, she emphasised that the success of the Ministry does not depend on a single individual.
The Minister of Industries, Mines and Energy, Natangue Ithete, has urged stakeholders in the green energy sector to move beyond speeches and take concrete action.
Mines and Energy Minister Tom Alweendo stated that Shell's announcement regarding the unviability of discoveries in PEL39 is unfortunate but will not hinder Namibia's oil and gas development.
Mines and Energy Minister Tom Alweendo underscored the importance of not identifying the oil and gas industry as the sole driver of economic transformation or job creation.
Minister of Mines and Energy, Tom Alweendo, emphasizes that the oil, gas, and green hydrogen industries in Namibia require skilled labour, technological advancements, and robust infrastructure.
The challenge by a Chinese lithium miner against the cancellation of its mining licence by the Minister of Mines and Energy started in the High Court this morning.
With the recent discoveries of oil and gas in the country, the Ministry of Mines and Energy is working hard to ensure that the resources are safeguarded and that policies are put in place so that all Namibians can benefit from them.
Namibia could capitalize on its existing bilateral agreements with Angola to acquire the skills and lessons it needs to fast-track the development of its oil industry.
Mines and Energy Minister Tom Alweendo says such a move would boost the economies of both nations.
