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Top News In மொசாம்பிக் திரவமாக்கப்பட்டது இயற்கை வாயு Today - Breaking & Trending Today

ESG front and centre at Standard Bank AGM


MONEYWEB
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No room for denial – but welcome room for shareholders from other countries.
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The board’s claims regarding adherence to global environmental impact and human rights standards were challenged for almost an hour. Image: Moneyweb
An unprecedented 32% of shareholders attending Standard Bank’s AGM on Thursday voted against the reappointment of chair Thulani Gcabashe.
While some shareholders expressed concerns about Gcabshe’s 18 years on the board, others said the vote might also reflect concerns about the board’s initial refusal to engage with a group of fund managers and shareholder activist organisations that had wanted to submit a non-binding advisory resolution to the AGM. ....

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Troops May Head to Mozambique LNG Site as Total's Force Majeure Underscores Terrorist Threat


Troops Head to Mozambique LNG Site as Total’s Force Majeure Underscores Terrorist Threat
The South African Development Community has agreed to send up to 3,000 troops to contain Mozambique’s terrorist insurgency after Total declared force majeure and evacuated all personnel from its Mozambique LNG worksite.
April 29, 2021
Credit: Total.
The South African Development Community (SADC) will deploy military special forces to quell terrorist incursions that caused Total to declare force majeure on 26 April and remove all personnel from its $20-billion Mozambique Liquefied Natural Gas (LNG) project site on East Africa’s Afungi peninsula.
The SADC made the decision at a meeting held 28 and 29 April in Mozambique’s capital of Maputo after representatives of Angola, Botswana, South Africa, Malawi, Tanzania, and Zimbabwe recommended deploying a regional African force of up to 3,000 elite troops to control the insurgents who, since March, have mov ....

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Force Majeure declared on Total's Mozambique LNG project


The firm said it reached that decision for security reasons.
In a statement, the company added: “Considering the evolution of the security situation in the north of the Cabo Delgado province in Mozambique, Total confirms the withdrawal of all Mozambique LNG project personnel from the Afungi site.”
It also said it wishes the actions carried out by the government of Mozambique will enable the restoration of security and stability in the region.
The UN’s World Food Programme recently said nearly 27,000 people have been displaced by the violence in Palma, Cabo Delgado, and almost 50,000 people need emergency food assistance.
Last August, Total signed an agreement with the government to ensure the security of the project’s operations. ....

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Total : French energy group Total declares force majeure on Mozambique LNG Project

Total : French energy group Total declares force majeure on Mozambique LNG Project
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