Paris, France (AFP) – French energy giant TotalEnergies said on Monday it was withdrawing from two offshore gas fields in South Africa.

The company said the two blocks off the country’s southern coast could “not be turned into a commercial development as it appeared to be too challenging to economically develop and monetise these gas discoveries for the South African market”.

cdu/asl/lth/gil

© Agence France-Presse

Featured image credit: wirestock | Freepik.com

Sattelite Image of the Pyrenees
Image of the day: Snow blankets the Pyrenees after intense stormNews

Image of the day: Snow blankets the Pyrenees after intense storm

On December 15, 2024, the Pyrenees mountains experienced an intense snowstorm that transformed the landscape, affecting both sides of the mountain range. In Spain, the…
Muser NewsDeskMuser NewsDeskDecember 17, 2024 Full article
Image
OECD calls for raising property, environment taxesNews

OECD calls for raising property, environment taxes

Paris, France (AFP) - The OECD said Wednesday that many governments need to raise property and environmental taxes alongside efforts to contain spending as countries…
SourceSourceSeptember 25, 2024 Full article
Carbon Emissions -different sources
US emissions stagnated in 2024, challenging climate goals: studyNews

US emissions stagnated in 2024, challenging climate goals: study

Washington, United States | AFP US greenhouse gas emissions barely decreased in 2024, leaving the world's largest economy off track to achieve its climate goals,…
SourceSourceJanuary 9, 2025 Full article