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Mulunga sued over unpaid N$50 000 loan

Immanuel Mulunga, the suspended managing director of the National Petroleum Corporation (Namcor), is facing legal action over an alleged unpaid loan of N$50 000. The lawsuit […] ....

Immanuel Mulunga , Sandra Joachim , Jermaine Muchali , National Petroleum Corporation Namcor , National Petroleum Corporation ,

Galp makes huge investments in Namibia's oil sector

Portugal’s Galp Energia, the company that reported positive indications of hydrocarbons from an exploration well in Namibia’s Orange Basin, says it has invested more than N$7,2 billion towards upstream projects, including an exploration campaign in Namibia during 2023. ....

Shakwa Nyambe , Filipe Silva , Galp Energia , Petroleum Exploration Licence , National Petroleum Corporation Namcor , Fund For Innovation , Custos Energy , Orange Basin , Total Energies , Drill Stem Test , National Petroleum Corporation ,

Namcor's management woes threaten emerging oil industry – economist

The management and financial issues currently facing the National Petroleum Corporation (Namcor) pose a significant risk to Namibia’s new-found oil resources, economist Robin Sherbourne says. ....

Paulo Coelho , Shiwana Ndeunyema , Immanuel Mulunga , Robin Sherbourne , Corruption Commission , Ministry Of Mines , National Petroleum Corporation Namcor , Institute Of Public Policy Research , National Petroleum Corporation , Public Policy Research , Anti Corruption Commission , Saharan Africa , Enterprise Governance Act ,

No formal bailout submission made to Cabinet – Namcor

The National Petroleum Corporation (Namcor) says while it has engaged the government about the financial situation facing the company, it has not yet made a formal submission for a bailout. ....

Shiwana Ndeunyema , Ministry Of Mines , Public Enterprises , Gunvor Group , National Petroleum Corporation Namcor , National Petroleum Corporation , Unleaded Petrol ,

Cabinet rejects Namcor bailout proposal

The Cabinet turned down a proposal to bail out the National Petroleum Corporation (Namcor), which is in debt of over N$2 billion and faces potential liquidation. ....

Arno Diberti , Shiwana Ndeunyema , Seth Pietras , Immanuel Mulunga , Ministry Of Mines , National Petroleum Corporation Namcor , Gunvor Group , National Petroleum Corporation , Jennifer Comalie Led Namcor , Hanover Service ,