By Rendy Petrus Amwaalwa & Karischa Schmidt Namibia recently marked its 34th Independence Anniversary, a testament to its journey of growth and transformation. Central to this evolution is the country’s burgeoning mining and energy sector, poised to drive significant economic expansion. With promising prospects in oil, renewable energy, and mineral resources, Namibia stands on the...
By Angelique Peake and Olavi Hangula. “Implementing a robust local content policy in the oil and gas industry isn’t just about extracting resources; it’s about empowering local economies and fostering sustainable growth. By prioritising local manufacturing and supporting sectors, we not only fuel industrial development but also cultivate a thriving ecosystem of opportunity and prosperity...
“Implementing a robust local content policy in the oil and gas industry isn’t just about extracting resources; it’s about empowering local economies and fostering sustainable growth. By prioritising local manufacturing and supporting sectors, we not only fuel industrial development but also cultivate a thriving ecosystem of opportunity and prosperity for generations to come.” – Angelique...
The Just Energy Transition (JET), a concept that has been buzzing in the world’s corridors, is nothing new and was initially coined in the 1980s. With that, one must ask – why are we hearing more about it now? What does it mean? RMB Namibia unpacked some of these questions at COP28 with senior government...
Namibia, the world’s third largest uranium producer, has been challenged to utilise its resources locally to deal with rising energy prices, a top official has said. Tjekero Tweya, head of the Parliamentary Standing Committee on natural resources, contends that despite Namibia’s wealth in resources like uranium, the country’s focus on exporting rather than harnessing them...
Zero Terrain Estonia’s First Pumped-Hydro Energy Storage Project Zero Terrain TALLINN, Estonia, April 04, 2024 (GLOBE NEWSWIRE) — The Estonian Ministry of Climate signs the Memorandum of Understanding (MoU) with energy company Zero Terrain to help Estonia achieve its 100% renewable energy goal by 2030. With this cooperation, Zero Terrain is collaborating closely with the...
Mr Joshua Yari, Component Lead, Enabling Environment Nigerian Energy Support Programme (NESP), says Nigeria has invested 48 million Euros in the second phase of its Energy Support Programme. Yari said this on Wednesday at a one-day Energy Summit, organised by Energy Commission of Nigeria (ECN) in collaboration with Abloom Trust Nigeria Ltd in Abuja. The...
Namibia’s oil and gas sector is still looking forward to reaching the production phase – S&P Global analysts don’t anticipate Namibia’s first oil to come until 2029, and the country’s first gas-to-power project is scheduled to begin in 2027. Before Namibia achieves these hotly anticipated milestones, Namibian lawmakers have the opportunity to implement thoughtful, effective...
The Ministry of Mines and Energy has announced an increment of N$1.52 on the petrol price and an increase of 72 cents on both diesel prices per litre. The adjustments, which come into effect on Wednesday, April 3, 2024, will consequently see Walvis Bay prices adjusting to N$22.30 per litre for petrol, N$21.77 per litre...