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Daily Monitor Tuesday March 09 2021 Summary As such, any concerns relating to environment and social aspects, if not addressed, are likely to jolt investors. Advertisement The French oil giant Total SA chief executive, Mr Patrick Pouyanne, has acknowledged that the company’s oil projects in Uganda “represent significant social and environmental stakes” but said they are mindful of the fears and are “taking them into consideration.” Mr Pouyanne said they are mobilising substantial resources to ensure the oil projects are carried out in an exemplary manner and to create value for the ...

Daily Post Nigeria Published One general characteristic that marks out Nigeria’s current government is the inability of all the relevant arms of government to be up and doing in the critical area of maintaining global best practices in terms of accountability, probity and transparency in public finance. These qualities are the democratic benchmarks that marks a Country out as a responsible constitutional democracy. Closely following the above, is the illogicality and fallacies being bandied about, and promoted in the media by propagandists allied with Federal government as means of confusin...

Acquisition by Total SA of 50% equity stake in a joint venture into Adani Green Energy Twenty Three Ltd, which will own the targets, according to reports. AZB & Partners advised the targets, including 11 subsidiaries of Adani Green Energy Ltd (namely 1. Adani Green Energy (UP) Limited (AGEUPL) 2. Adani Green Energy (Tamil Nadu) Limited (AGETNL) 3. Adani Renewable Energy (RJ) Limited (ARERJL) 4. Kamuthi Renewable Energy Limited (KREL) 5. Kamuthi Solar Power Limited (KSPL) 6. Kodangal Solar Parks Private Limited (KSPPL) 7. Prayatna Developers Private Limited (PDPL) 8. Parampujya Solar Energy ...

LONDON/HOUSTON (Feb 22): Exxon Mobil Corp has already upped its climate plans, only three months into an activist investor’s campaign to force change inside the company. Now the group, Engine No. 1, is pushing the oil giant to set a new goal: net-zero greenhouse gas emissions by 2050. Engine No. 1 released a letter on Monday reiterating its call for Exxon to overhaul its board of directors by adding four new members who have the expertise to steer the company towards climate neutrality. That’s a goal already adopted by European oil producers such as BP Plc, Royal Dutch Shell Plc and Total...

By Khalid Al-Ansary