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Oil majors offered faster Nigerian exit if they pay for cleanup

by AIP Online Bureau | May 6, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Policy, Risk Management

Exxon, Shell, TotalEnergies, and Eni have all sought to leave Nigeria’s oil-rich Niger delta in recent years citing security concerns, including theft and sabotage, to focus on deepwater drilling. However, their exits have been delayed by regulatory hurdles. Major oil...

TotalEnergies to take legal action after Greenpeace says it under-reports emissions

by AIP Online Bureau | Nov 6, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life

Greenpeace France earlier accused the oil giant of under-reporting emissions, sparking a debate about its seriousness in the fight against climate change days ahead of the next round of global climate talks. France’s TotalEnergies said on Thursday it would take legal...

Paris and New York join climate litigation against TotalEnergies

by AIP Online Bureau | Sep 23, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

The coalition wants a judge to order TotalEnergies to “take the necessary measures to drastically reduce its greenhouse gas emissions and align itself with the objectives of the Paris Agreement,” in a move that it said would be “similar to the Shell decision in the...

Environmental groups sue TotalEnergies over climate marketing claims

by AIP Online Bureau | Mar 8, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

The claim, which has been served on TotalEnergies and was to be filed before the Paris Judicial Court, concerns the company’s “reinvention” marketing campaign. Claimants say the campaign broke European consumer law by suggesting TotalEnergies can reach net-zero carbon...

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