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Oil Company, WWF Agreement Could Prevent Drilling In Virunga National Park

2014-06-11 23:14:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: An agreement announced Wednesday between a London-based oil company and a wildlife protection group could prevent oil drilling in a national park in Africa where 200 endangered mountain gorillas live. A joint statement by SOCO International PLC and Switzerland-based WWF said there will be no exploratory drilling in Congo's Virunga National Park, which is Africa's oldest, unless the government and the U.N. cultural agency UNESCO agree it would not threaten the park's world heritage status. As...

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Oil overthrow: Soco to suspend operations in Virunga National Park

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

Mongabay: In a surprise announcement, British oil company Soco International has said it will suspend exploratory operations in Virunga National Park, home to half the world's Critically Endangered mountain gorillas (Gorilla beringei beringei) as well as thousands of other species. The announcement follows several years of campaigning from conservation groups led by WWF, which argued that drilling could lead to severe environmental destruction in the UNESCO World Heritage site located in the eastern Democratic...

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British oil company SOCO agrees cease operations in Congos Virunga National Park

2014-06-11 23:09:00| Climate Ark Climate Change & Global Warming Newsfeed

Independent: A British oil company has agreed to end its controversial operations in Africas oldest national park following a campaign by environmentalists who warned of devastating consequences if drilling in the area proceeded. SOCO International Plc, which is listed on the London Stock Exchange and last year had revenues of 360m, said it had reached an agreement with the conservation group WWF to end exploratory work in the Democratic Republic of Congos Virunga National Park, classified a World Heritage...

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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...

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New Stock Coverage: Beware National Bank of Greece -- a Bull Bearing Gifts?

2014-06-11 18:21:24| Food - Topix.net

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