TotalEnergies, Shell's Oil Exploration Permit Reportedly Rescinded by South African Court

MT Newswires Live
08/14

TotalEnergies (TTE) and its joint venture partner Shell's (SHEL) environmental authorization to explore for oil in a block off South Africa was rescinded by a local court, media outlets reported Thursday, citing court documents.

The court said, however, that TotalEnergies should be given an opportunity to rectify the shortcomings identified, which included an inadequate assessment of the potential socio-economic consequences of oil spills.

In a statement to MT Newswires, TotalEnergies E&P South Africa said it had ceased operations at the block in July 2024.

"From the outset of the exploration project, Block 5/6/7 joint venture complied with all required local regulations, in particular environmental and social," the company said.

TotalEnergies E&P South Africa and Shell both told MT Newswires in separate statements that they were reviewing the judgment and will decide on the next course of action.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10