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JAKARTA: Indonesia is seeking at least 27.4 trillion rupiah (US$1.7 billion) in damages from PTT Exploration & Production Plc (PTTEP) in a planned lawsuit next year over the Montara oil spill, even after the Thai company reached an initial settlement with farmers in the area.
Conventional wisdom holds that offshore oil and gas production harms the surrounding environment. This blanket "wisdom" ignores the fact that the largest source of marine hydrocarbon pollution is offshore natural oil seepage. It also ignores the fact that offshore oil production has lowered the amount of oil released into the ocean by reducing natural oil seepage, especially in areas with active offshore oil seeps, such as California's Santa Barbara coast.
As the environmental harm brought on by Russia's invasion of Ukraine mounts, experts are warning of long-term health consequences for the population.
Leaks, fires at Russian-targeted fuel depots are polluting air, water
The EU is leading the global pathway towards sustainable clothing… but a course correction is needed.