Neptune Energy said it has been awarded gold medal status from environment, social and governance (ESG) ratings organisation, EcoVadis. RANKING The oil and gas exploration and development company added it had been placed in the top 5% of all 95,000 global companies assessed by the organisation. Areas assessed include companies’ policies, environment, labour and human […]
ESG
Hurricane appoints Robin Allan as independent NED
Hurricane Energy plc has appointed Robin Andrew Allan as an independent non-executive director, effective from 1 July 2022. Mr Allan will chair the environmental, social and governance (ESG) committee, and become a member of the technical committee. His experience includes executive roles with Premier Oil, including director North Sea and exploration, and chairman of BRINDEX, […]
i3 Energy publishes first annual ESG report
i3 Energy plc has published its first annual environment, social and governance (ESG) report for its oil and gas operations in the UK North Sea and Alberta, Canada. EMISSIONS A total of 82% of i3’s production is gas and natural gas liquids. i3 said it was committed to being net zero for Scope 1 and Scope […]
Horizonte publishes 2021 sustainability report
Horizonte Minerals plc has published its 2021 sustainability report prepared in accordance with the Global Reporting Initiative Standards ‘Core’ option for its nickel operations in Brazil. SAFETY The report is the company’s third and covers issues such as environment, safety, health and communities. Horizonte recorded no lives lost to Covid-19 or from injuries due to […]
Neptune to invest $1bn to secure UK energy
Neptune Energy today said it would spend more than $1 billion (£800m) over the next five years to secure energy supplies for the UK and speed the transition to net zero. CARBON INTENSITY The company operates around 11% of the country’s gas supply from fields in the UK’s Southern North Sea and the Norwegian North […]
Caerus notes ‘ready-made’ drill targets
Caerus Mineral Resources plc reported high grade gold assays made for a target ready to drill at its Kambia – Kapedes copper-gold project in Cyprus. KAMBIA The Kambia mine operated between 1952 and 1960 primarily as a pyrite mine and the Kokkinovounaros (Red Hill) auriferous gossan was discovered and mined for a short time during the 1930s. […]