January 2025

Namibia’s Orange Basin still oil-rich but Shell’s discovery deemed ‘commercially unfeasible’

Shell has decided to write down $400 million, citing technical and geological difficulties encountered at the petroleum exploration license (PEL) 39, as its oil discovery in the Orange Basin off the coast of Namibia cannot be confirmed for commercial d…

Namibia’s Orange Basin still oil-rich but Shell’s discovery deemed ‘commercially unfeasible’ Read More »

Swift action needed to bring autonomous inland shipping closer to reality, German insurers say

From a purely technical perspective, it would be already possible today to allow inland waterway vessels to travel across rivers unmanned and remotely controlled. However, as there are still many legal hurdles standing in the way of the everyday use of…

Swift action needed to bring autonomous inland shipping closer to reality, German insurers say Read More »