On Tuesday 1st February, after years of delay, France’s Total and China’s CNOOC Ltd signed the Final Investment Decision (FID) to proceed with the East African Crude Oil Pipeline (EACOP) project. While heralded by the project proponents as a major breakthrough, the project is yet to secure all of the required financing. Now, four out of five of South Africa’s largest lenders … [Read more...]
Recent energy sector developments welcomed by local NPO
The Green Connection’s Liziwe McDaid welcomes two recent developments in the energy sector that are seen as a massive boost to pro-climate activists. On 26 May 2021, it was reported that a Dutch court had ordered Royal Dutch Shell to dramatically slash its CO2 emissions in a landmark climate ruling, which stipulates that the oil company must slash its emissions by 45% by 2030 … [Read more...]
Polluters are slowing down Africa’s progress
The world has no business investing in new fossil fuel developments in our race to the 1.5°C pathway. The International Energy Agency’s (IEA) newly released Net Zero by 2050 roadmap has closed the door on new fossil fuel extraction, and fossil fuel giants have lost their claim to fame of new oil and gas reserves being aligned with the Paris Agreement. It’s a small victory … [Read more...]
Clarity needed on safety of ‘plugged’ deep sea oil well
Following the announcement, last week, by oil and gas giant Total that it has “demobilised its Deepsea Stavanger drill rig along with all support vessels, after concluding its drilling activities on the exploration well Luiperd-1X in Block 11B/12B on 23 November 2020”, the Green Connection’s Neville Van Rooy says he is concerned about who will be held responsible for any … [Read more...]
Help stop the controversial African crude oil pipeline
Oil giant Total is about to build the biggest heated oil pipeline in the world - right through the heart of Africa! It will rip through some of the most important elephant, lion and chimpanzee reserves on Earth, displace tens of thousands of families, and tip the whole planet closer to full-blown climate catastrophe. Local communities are doing all they can to fight the … [Read more...]
Brazil rejects oil company’s ‘Amazon Reef’ drilling bid
Brazil’s environmental regulator Ibama said on Tuesday it has rejected Total SA’s environmental study on drilling in the Foz do Amazonas basin, warning it needs more information or it will suspend the French oil firm’s license application. Ibama’s repeated refusals to accept Total’s environmental impact study has held up the company’s four-year quest to explore the offshore … [Read more...]
