A Total distraction – Total Energies exit from Block 567 and Block 11B/ 12B

Background TotalEnergies announced its exit from Block 11B/12B off the Southern coast of South Africa following the decision of its joint venture partner CNRI to withdraw from the same Block where the South African affiliate, TotalEnergies EP South Africa held 45% interest. Two discoveries were made, Brulpadda and Luiperd, by TotalEnergies in Block 11B/12B. However, [...]

By |2024-11-12T11:47:46+02:00November 11th, 2024|

What is the Friends of Fossil Fuel Subsidy Reform?

Removing fossil fuel subsidies is an important part of emission-reduction strategies, as many fossil fuel enterprises will cease to be profitable without subsidy, and could then give way to lower carbon alternatives being taken up.   Governments around the world spend US$400-600 billion a year to keep domestic prices for coal, oil and as products [...]

By |2018-12-12T14:55:44+02:00December 14th, 2018|
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