Horizonte Minerals plc has further de-risked its 100% Araguaia ferronickel project to ensure compliance with Equator Principles (IV) and International Fianance Corporation Performance Standards. Examples of work started include the resettlement action plan, social communication programme, safety improvements for school communities along the PA-449 highway and the Local Development Agenda programme. Horizonte’s environmental and social […]
ESG
Block accepted by UN Global Compact network
Block Energy plc has been accepted into a United Nations international platform for businesses and organisations to network and engage in human rights, labour, environment, and anti-corruption. The Global Compact network is a commitment to the implementation, disclosure and promotion of its ten universal principles. ENVIRONMENT, SOCIAL AND GOVERNANCE The 10 principles of the UN […]
OGA interventions avoid 970,000t of future CO2
The Oil and Gas Authority (OGA)’s interventions during 2021 have helped the industry avoid producing 970,000 tonnes of future carbon dioxide equivalent – the same as taking 500,000 cars off the road for a year. The figures were published today in the authority’s annual report and accounts which also include: – a decrease of 10% in CO2 emissions from offshore installations and […]
Cornish Lithium sponsors school transport scheme
Cornish Lithium Ltd is sponsoring a transport scheme for the next year to allow children to visit historic places in the county. The Cornwall Heritage Trust’s School Transport Grants funds primary school trips but the rising cost of transport is prohibitive for some schools. Between 2015 and 2020, the scheme allowed some 14,000 children to experienced make […]
Serica nears restart of Rhum R3 gas production
Serica Energy plc said the new completion equipment had been installed and a flow test performed at Rhum R3 well in the North Sea. CONSTRAINT The company added that a stabilised flow rate of 58.4mmscf/d of gas and 135bbls/d of condensate had been achieved. The rate was constrained by the surface well test equipment on […]
Angus sets up study fund in memory of first employee
Angus Energy plc has established an annual £10,000 fund in memory of its first employee to support students from Bognor Regis and surrounding communities in West Sussex. The Bruce Watt Memorial Scholarship is named after the company’s first employee who died aged 46, leaving a family and two young children. Angus said that the award […]