Also known as: National Petroleum Corporation (Namcor) · National Petroleum Corporation · The National Petroleum Corporation of Namibia · the corporation · the Namcor terminal · National Petroleum Corporation of Namibia (Namcor) · Namcor matter · Namcor corruption case · Namibia Petroleum Corporation of Namibia · National Oil Company
Namibia's state-owned petroleum corporation, central to fuel supply and oil and gas sector development, currently led by interim managing director Mtundeni Ndafyaalako.
Namcor and Puma Energy have denied allegations that they supplied substandard fuel to Botswana and the Namibian market, with Namcor saying its fuel meets prescribed specifications and releasing South African laboratory test results showing compliance with regulations.
3 February 2026 · The Namibian →
Namcor and Puma Energy have denied allegations that they supplied substandard fuel to Botswana and the Namibian market, with Namcor saying its fuel meets prescribed specifications and releasing South African laboratory test results showing compliance with regulations.
3 February 2026 · The Namibian →
Botswana Oil flagged that fuel trucks loaded from Namcor's Walvis Bay terminal in early January failed quality tests for octane rating, raising concerns that substandard fuel may have entered Namibia's retail network and could damage engines. Namcor disputes the allegations, saying the product met specifications at discharge and underwent standard testing procedures.
1 February 2026 · The Namibian →
The president of the Association of International Energy Negotiators has encouraged Namibians and African energy professionals to attend a five-day international oil and gas contracts and negotiations course in Cairo from 9 to 13 February 2026, emphasizing that local expertise is essential as Namibia and other African countries position themselves as emerging energy producers moving from discovery to execution.
16 January 2026 · New Era →
Interim managing director Maureen Hinda-Mbuende says Namcor is recovering from reputational damage caused by alleged embezzlement of millions, including a N$53 million transaction with military contractor Enercon. She reports progress on governance reforms, employee morale, and financial stabilization through government bailouts and strategic restructuring.
16 January 2026 · New Era →
A bail appeal hearing for six individuals accused of defrauding Namcor of over N$400 million was postponed in the Windhoek High Court after judges found that legal representatives and the State had not filed required documents procedurally or on time. The matter was rescheduled to 12 and 13 February 2026 to allow parties five days to file proper legal documents.
15 January 2026 · New Era →
Jennifer Hamukwaya, arrested in a fraud and money laundering case linked to state-owned Namcor, is appealing her bail denial in the High Court, with her lawyer arguing that the magistrate relied on hearsay and speculation despite no funds being deposited into her personal bank account from the alleged N$1.4 million in question.
15 January 2026 · Informanté →