/PRNewswire/ -- McDermott and Namibia's Petroleum Training and Education Fund (PETROFUND) jointly announce the signing of a Memorandum of Understanding (MOU)
German utility RWE said it pulled out of Namibia's $10 billion Hyphen green hydrogen project, citing slower than expected demand in Europe for hydrogen and derivatives such as ammonia.
Oil explorer ReconAfrica completes C$20.4M offering at C$0.60 per unit with C$0.72 warrants. Proceeds target Gabon offshore exploration, Namibia operations, and Angola commitments.
Namibia has sent more than 500 soldiers to help battle a huge wildfire that has burned across 30 per cent of the country's best-known national park, home to hundreds of species including the critically endangered black rhino.