Environment activists protest Shell's divestment plan
Environmental activists have rejected Shell's divestment plans and potential exit from the country without following the due process of
Source: tribuneonlineng.com
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Exxon, Shell Are Said to Weigh Bids for Galp Namibia Stake
Galp shares jumped 21 percent after the company said in April that a well test 'potentially' indicated Mopane could be an important commercial find in Nami...
Source: rigzone.com
Fortescue excluded from world's biggest hydropower plant development
A company owned by Australian mining billionaire Andrew Forrest will no longer develop the world’s biggest hydropower project in Democratic Republic of Congo, according to President Felix Tshisekedi’s office, which has replaced the firm with a Nigerian oil producer. Natural Oilfield Services signed a preliminary deal with Congo on May 9 to build a smaller version of Fortescue's proposed Grand Inga project, which would have generated around 40 GW of hydropower.
Source: miningweekly.com
CSOs to Shell: Take accountability, address environmental degradation in Niger Delta
Civil society organisations have asked Shell to address the environmental impacts of its operation in the Niger Delta region.
Source: thecable.ng
Shell's updated energy transition strategy receives shareholder approval on reduced emissions targets
The London-based major now aims to reduce its net carbon intensity by 15% to 20% by 2030, compared with a previous target of 20%.
Source: worldoil.com