Eco Atlantic Secures Operatorship of 20,000 km² Block in South Africa’s Orange Basin
Regulatory approval grants Eco Atlantic 75% stake in Block 1, expanding its Orange Basin portfolio and positioning it near major oil discoveries by Shell, TotalEnergies, and Galp.
Namibia’s Refinery Plans Face Headwinds Amid Low Demand and High Costs
Energy experts say infrastructure gaps and limited fuel consumption hinder prospects for domestic oil refining, despite major offshore discoveries in the Orange Basin.