R/€ = 17.83 Change: 0.03
R/$ = 15.80 Change: 0.05
Au 1788.87 $/oz Change: 7.44
Pt 957.00 $/oz Change: 0.50


Specify energy transition action now, the money’s there for it, UN climate envoy urges  

By: Martin Creamer     7th December 2021 The energy transition is woefully under specified, the United Nations special envoy on climate change action and finance Mark Carney told a global webinar, in which he described the specifying of energy transition action as being “a matter of urgency”. Such specification, the webinar heard,... 

Shell faces fresh South African court test over seismic programme

By: Bloomberg     7th December 2021 Royal Dutch Shell faces a fresh legal challenge to its planed seismic survey off South Africa’s eastern coastline with local communities seeking to halt the program. The case, filed last week, comes after a South African High Court on Friday dismissed a request for an interdict from a group... 

Shell can proceed with seismic survey after environmental groups lose urgent court bid

By: News24Wire      3rd December 2021 The high court has dismissed an urgent application to block Shell from proceeding with a seismic survey off the Eastern Cape coast. The ruling was delivered by Judge Avinash Govindjee at the Eastern Cape Division of the Makhanda High Court on Wednesday. Earlier this week, four environmental and... 

Use renewables to cut carbon and create hydrogen, use hydrogen to cut diesel – Cutifani  

By: Martin Creamer     2nd December 2021 Use renewables to cut carbon and create hydrogen, and then use the hydrogen that has been created to replace diesel. Anglo American CE Mark Cutifani proposed this climate blueprint while also outlining his London- and Johannesburg-listed mining company’s entry into crop nutrients that can free up... 

Urgent interdict filed against Shell’s Wild Coast seismic survey

By: Simone Liedtke     30th November 2021 Four environmental and human rights organisations have filed an urgent interim-interim interdict against Shell in the Eastern Cape Division of the Grahamstown High Court to prevent the fossil fuel company from starting seismic testing along the ecologically diverse and sensitive marine... 

Activist Bluebell asks Glencore to separate its coal business

By: Bloomberg     30th November 2021 Activist hedge fund Bluebell Capital Partners has asked Glencore to separate its thermal coal business because it has become a barrier to investment. The hedge fund firm said that the commodities giant could realise more value for shareholders if it separates that business, simplifies its asset... 

Vitol agrees to buy rest of Vivo Energy in $2.3bn deal

By: Bloomberg     25th November 2021 Trading giant Vitol Group agreed to buy Vivo Energy in a deal valuing the fuel retailer at about $2.3-billion. The deal will bring Vivo assets back in house for the oil trader, which sold shares in the retailer in 2018 in what was one of the biggest initial public offerings on the London Stock... 

LHWP II archaeological study discovers rare artefacts in the Polihali Dam basin

By: Creamer Media Reporter      25th November 2021 Rare artefacts have been discovered in the Polihali Dam basin during the archaeological excavations underway as part of implementing the Cultural Heritage Management Plan under the Lesotho Highlands Water Project Phase II. On 17 November 2021, an intact pot (moritšoana) dating back to the... 

Green Connection speaks out against Wild Coast seismic survey by oil and gas multinational

By: Schalk Burger     22nd November 2021 The Department of Forestry, Fisheries and the Environment (DFFE) on November 22 said Mineral Resources and Energy Minister Gwede Mantashe was responsible for the administration of the Mineral and Petroleum Resources Development Act (MPRDA) and that Forestry, Fisheries and the Environment Minister... 

As dual listings fall out of favour, Rio Tinto set to hold the line

By: Reuters     19th November 2021 Global miner Rio Tinto Ltd has no plans to follow in the footsteps of peers BHP and Shell to collapse its dual listing, people familiar with its thinking say, seeing it as a needless expense that would erode advantages for shareholders in London and Sydney. Executives at Rio routinely review the... 

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