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Soco agrees to suspend oil exploration in Congo's protected park

2014-06-11 23:35:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: British oil company Soco International has agreed not to explore in Democratic Republic of Congos Virunga National Park unless its government and UNESCO agree it would not threaten the areas world heritage status. Soco has been at loggerheads with conservation campaigner WWF for months over its activities in Virunga, Africas oldest and most bio-diverse national park. WWF filed a complaint about Socos activities in October to the British National Contact Point for the Organisation for Economic...

Tags: park oil protected exploration

 

Soco halts oil exploration in Africa's Virunga national park

2014-06-11 23:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Conservationists have claimed one of their greatest successes in recent years following the unexpected decision by British oil company Soco to stop exploring in the Virunga world heritage site in the Democratic Republic of the Congo (DRC). The company, which operates in Angola and Vietnam, caused international outrage when it was given permission to conduct seismic testing in Africa's oldest and most diverse national park, which is home to around half the world's 950 mountain gorillas, as well as...

Tags: national park oil exploration

 
 

Soco agrees suspend oil exploration in Congo protected park

2014-06-11 02:08:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: British oil company Soco International has agreed not to explore in Democratic Republic of Congos Virunga National Park unless its government and UNESCO agree it would not threaten the areas world heritage status. Soco has been at loggerheads with conservation campaigner WWF for months over its activities in Virunga, Africas oldest and most bio-diverse national park. WWF filed a complaint about Socos activities in October to the British National Contact Point for the Organisation for Economic...

Tags: park oil protected exploration

 

Eni to acquire stake in South African offshore exploration permit

2014-06-11 01:00:00| Offshore Technology

Italian energy firm Eni has agreed to acquire a 40% stake and operatorship in exploration right permit 236 (ER236) in South Africa from Sasol Petroleum International.

Tags: south african permit acquire

 

Gastar Exploration Price Target Raised to $11.00 at Wunderlich

2014-06-10 18:01:01| Logistics - Topix.net

The firm currently has a "buy" rating on the stock. Wunderlich's price target would indicate a potential upside of 43.60% from the stock's previous close.

Tags: price target raised exploration

 

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