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19879 articles published since 08 Mar 2022

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US firm bids to stop contested DR Congo oil auction
US firm bids to stop contested DR Congo oil auction
Business and Economy

A US investment firm has proposed to stop a controversial oil auction in DR Congo's rainforests, bidding to exploit carbon credits instead of drilling in the environmentally sensitive areas. In the DRC's Cuvette Centrale region -- one of the most sensitive areas comprising forests and peatlands -- bidding ends in July and August.

Former Shell CEO gets big payday on soaring oil prices
Former Shell CEO gets big payday on soaring oil prices
Business and Economy

Shell's recently retired CEO earned close to £10 million ($12 million) last year after the energy giant scored record profits on soaring energy prices, the British company said Thursday, sparking outrage amid a cost-of-living crisis. "Shell's CEO earned in one year what a typical UK worker would earn in six lifetimes," group spokeswoman Alice Harrison said in a statement.

Rise in ocean plastic pollution 'unprecedented' since 2005
Rise in ocean plastic pollution 'unprecedented' since 2005
Business and Economy

Plastic pollution in the world's oceans has reached "unprecedented levels" over the past 15 years, a new study has found, calling for a legally binding international treaty to stop the harmful waste. "Plastic pollution in the world's oceans during the past 15 years has reached unprecedented levels," said the study, published in open-access journal PLOS One.

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