The National Petroleum Corporation of Namibia (Namcor) has refuted reports of supplying substandard fuel to Botswana and local markets.
The company stated that claims published in a local newspaper are incorrect and malicious.
Motorists can expect some relief at fuel pumps this week, as petrol prices will drop by one dollar per liter, while both diesel grades will decrease by 50 cents per liter, effective Wednesday.
The Minister of Industries, Mines and Energy says the International Renewable Energy Agency (IRENA) provides evidence-based analysis, technical assistance, policy guidance, and platforms for cooperation that are critical to Namibia's energy transition.
The Ministry of Industries, Mines and Energy has maintained fuel prices for this month, a move aimed at supporting price stability amid ongoing global market volatility.
Fuel prices for domestic consumption for unleaded petrol 95 will remain unchanged at N$20.58 per litre.
Namibia produces only about 40 percent of its own electricity, while the remaining percentage is being imported.
This was announced by the Minister of Industries, Mines and Energy, Modestus Amutse, at the official launch of the Namibia Impact Mission 300.
Mali's Minister of Energy and Water Resources, Boubacar Diane, declared the development of the Sahel region in line with the dynamics of the global energy industry as one of the main objectives of the Sahel States Alliance at the meeting of the AES Ministers of Mines, Petroleum, and Energy in Niamey on Wednesday.
ReconAfrica says it has made an early hydrocarbon discovery at its recently drilled well in the Kavango Regions.
The Deputy Minister of Industries, Mines, and Energy, Gaudentia Kröhne, has said Namibia's long-term strategy for oil production is anchored in a balanced approach, recognising national development priorities and the global momentum towards energy transition.
Algeria has pledged to share its vast experience and technical expertise in the energy sector with Namibia, particularly in the emerging field of green hydrogen development.
The Electricity Control Board (ECB) is reviewing its electricity tariff model to introduce a new incentive-based regulatory framework aimed at improving efficiency and affordability for consumers.
