The 4th edition of the Oil and Gas conference and exhibition prioritises the beneficiation of ordinary Namibians.
The conference, which will take place from the 18th to the 20th of August, aims to address the economic and social impact of the industry.
Namibia's ties with the international community continue to receive boosts, as newly accredited diplomats outlined plans to deepen cooperation in energy, tourism and education sectors.
Six Heads of Mission presented their letters of credence to President Netumbo Nandi-Ndaitwah at State House.
Government has outlined reforms aimed at removing the fuel premium currently paid by consumers and improving the structure of fuel imports in Namibia.
Mines and Energy Minister Modestus Amutse has stated that the global oil company Vitol is not required to obtain a local operating licence, as it already has agreements in place with various Namibian entities and was legally appointed.
The Minister of Industries, Mines and Energy, Modestus Amutse, denied claims that NAMCOR received bail-outs from foreign entities.
This clarification follows concerns raised by IPC MP Ferdinand Hengombe seeking clarity on the matter.
Leaders from the business sector, faith community, and government gathered in Windhoek over the weekend for the inaugural Deeper Leaders and Business summit.
Namibia is at a critical stage in its emerging oil and gas sector, with billions of dollars in potential investment and job creation opportunities at stake.
This was the view of officials at the inaugural National Upstream Oil and Gas Local Suppliers Workshop hosted by Petrofund.
The Upstream Petroleum Unit has clarified that positioning the Unit under the Presidency is a deliberate and strategic decision aimed at enhancing governance within Namibia's emerging oil and gas sector.
Special advisor and Head of the Upstream Petroleum Unit in the Office of the President, Kornelia Shilunga, acknowledged the media's role in spotlighting Namibia's emerging oil and gas sector.
TotalEnergies has indicated that the Venus oil project is expected to commence by mid-year, and is currently in the technical development phase.
The Vice President of TotalEnergies, Mike Sangster, made the announcement when he paid a courtesy visit to President Netumbo Nandi-Ndaitwah at state house.
