Tanzania approves EACOP construction as protests target financiers
"We urge Standard Bank and SMBC to reconsider their involvement in the East African Crude Oil Pipeline,โ said Baraka Lenga, climate change activist based in Tanzania.
"We urge Standard Bank and SMBC to reconsider their involvement in the East African Crude Oil Pipeline,โ said Baraka Lenga, climate change activist based in Tanzania.
The complaint alleges Marsh failed to carry out adequate due diligence on the controversial pipeline, which will run from Uganda's west to the port of Tanga, in Tanzania.
โI told [the European Parliament] to go to hell!โ Museveni said. โBut I didnโt hear the French government making any trouble.โ
Kingfisher will have around 20 production wells and 11 water injection wells, from four pads.
โThere have not been any compulsory purchases of land so far,โ EACOP managing director Martin Tiffen said, speaking earlier this week.
East Africa-focused financial services provider Britam Holdings has opted out of insuring a controversial pipeline project โ in a move that has been hailed by opponents.
Extinction Rebellion has targeted a number of companies it sees as implicated in fossil fuel production, including service companies, financiers and a PR company.
CNOOC Uganda has erected the Kingfisher rig on location, in Ugandaโs western Lake Albert, as drilling plans move ahead.
African states must defend the use of fossil fuels at the soon starting COP27, in Egypt, African Energy Chamberโs NJ Ayuk has said.
Developing oil and gas projects can be done in an environmentally sound fashion and can play a critical role in changing a countryโs finances, according to Uganda National Oil Co. (UNOC) CEO Proscovia Nabbanja.
Ugandaโs oil production plans were redesigned to reduce emissions and the environmental impact, an official from the state-owned oil company has explained.
Insurers should move faster away from hydrocarbon coverage, Insure Our Future has said. The group has suggested insurers may also seek damages from large emitters.
A proposed natural gas pipeline running from Tanzania to Uganda may have a positive environmental impact in a region where the majority of households still cook using charcoal or wood, according to Patrick Mweheire, Standard Bank Groupโs regional chief executive officer for East Africa.
The European Parliament has criticised a proposed East African pipeline, calling for TotalEnergies to consider an alternative route.
The Islamic Development Bank (IsDB) has stepped up to provide $100 million of financing for the East African Crude Oil Pipeline (EACOP).
Oil companies and environmentalist activists see the same world in wholly differing ways. Rarely is this divide as stark as in discussions around the East African Crude Oil Pipeline (EACOP).
The East African Crude Oil Pipeline (EACOP) company has applied to the Ugandan government for a licence to begin construction.
Marsh McLennan has been identified as the insurance broker for the East African Crude Oil Pipeline (EACOP).
Projects backed by Standard Chartered in 2021 will emit 2.3 billion tonnes of CO2 over their lifespan, with Mozambique LNG to play a major part in this.
Munich Re will not insure the East African Crude Oil Pipeline (EACOP), throwing up another challenge for the TotalEnergies-driven project in Uganda and Tanzania.
Investments in Africaโs oil and gas risk undermining a move to lower carbon energy sources and are at risk of becoming stranded assets, according to a new report.
Four of South Africaโs five major banks have said they will not support the East African Crude Oil Pipeline (EACOP), in Uganda and Tanzania.
TotalEnergies and CNOOC Ltd have taken the final investment decision (FID) on Ugandaโs Lake Albert development, finally triggering the start of work on the 240,000 barrel per day project.
TotalEnergies has signed a memorandum of understanding (MoU) in Rwanda ahead of a final investment decision (FID) in Uganda tomorrow.
A French court has found against TotalEnergies in a case on the โduty of vigilanceโ law, with environmental NGOs claiming this as a victory.