Business

Namibia probes TotalEnergies, Petrobras offshore acquisition without approval

Namibia has raised concerns that TotalEnergies and Petrobras acquired new offshore interests in the Lüderitz Basin without notifying the energy ministry or securing the required approvals. This was disclosed in a statement by Namibia’s Ministry of Industries, Mines and Energy on Sunday, according to Reuters. On Friday, French oil major TotalEnergies and Brazil’s Petrobras announced […]