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3 Oct 2020 EDINBURGH, United Kingdom

Valuing Water From Source To Sea: aquaNOW Audience Panelist Insights

Water is essential for human life. For health, food, our environment and ecosystems. It is also plays a central role in our economies, from agriculture to energy production, and manufacturing to tourism.Do we value water enough? OOSKAnews asked panelists in a 30 September aquaNOW Audience for their views on how we should value water from source to sea...

25 Sep 2020 ABUJA

Re-packaging Nigeria Water Resources Strategy

The Federal Government on Tuesday puts up a strong defence in favour of National Water Resources Bill 2020 as it emphasized that the proposed law is in best interests of Nigerians. Lai Mohammed and Suleiman Adamu, the Minister of Information and Culture and the Minister of Water Resources, indicated that that the laws are being re-packaged as the National Water Resources Bill with necessary modifications to bring them in line with current global trends and as best practices in Integrated Water Resources Management (IWRM).

25 Sep 2020 TRIPOLI

Libya's Man-made River Has Remained Out Of Politics, Says Chairman

The Man-Made River Authority (MMRA) has managed to remain out of Libya’s politics since the 2011 February revolution and has in fact acted as a unifier rather than a polarizer, Abdulnaser Bubteina, chairman of the MMRA said during a members-only Libyan British Business Council (LBBC) webinar today...

25 Sep 2020 N'DJAMENA

Chad Favours Oil Money Over Water?

Chad has asked to suspend an application for world heritage site status for Lake Chad to explore oil and mining opportunities in the region. Chad’s tourism and culture minister wrote to Unesco, the body which awards the world heritage designation, asking to “postpone the process of registering Lake Chad on the world heritage list”...

24 Sep 2020 REDMOND WA, United States

Microsoft Announces Ambitious Water Stewardship, Advocacy Plans

Microsoft has announced a commitment to be water positive in its operations by 2030. The corporation described its intension to reduce its water intensity, or water used per megawatt of energy consumed, and to replenish water used in water-stressed regions of operations in a 21 September blog by its President Brad Smith...

24 Sep 2020 SAPELE

Nigeria: Oil Company's Broken Pipeline Causes Environmental Problems

A spillage suspected to be as a result of a broken pipeline allegedly belonging to an oil company, Seplat Petroleum Development Company, have sparked environmental problems for residents of Maka street opposite Mechanic village, along Shell road in Sapele, Delta State. [Al]though Seplat has refused to own up to the damages, they have called for two meetings...

24 Sep 2020 BRASILIA

Bolsonaro Blames Indigenous People For Catastrophic Amazon Fires

Brazil’s President Jair Bolsonaro told the United Nations on Tuesday that Indigenous people in the Amazon were to blame for fires in the rainforest this year and attacked the media for spreading panic about the coronavirus pandemic. The far right leader rebutted international criticism of his environmental policies and his handling of the world’s second-most deadly coronavirus outbreak after the United States...

23 Sep 2020 MOSCOW

Tesla Should Stop Buying Nickel From Controversial Russian Producer

Last month, Aborigen Forum, a group of Russian indigenous activists and leaders, launched a campaign to raise awareness of Norilsk Nickel’s impacts on their communities and to demand restitution. Rather than focus on an obscure Arctic mining company, Aborigen Forum is appealing to someone more likely to grab international headlines: Elon Musk, the CEO of Tesla...

23 Sep 2020 YAOUNDE

Massive New Hydro Plant Planned For Cameroon

Cameroon will build a $3bn hydro-power plant as part of an ambitious plan to make the central African nation an exporter of electricity by 2035. The 810MW Grand Eweng project on the Sanaga River, a joint venture between the government and the US-based energy company Hydromine, is the fifth hydro-project on the river...

23 Sep 2020 SINGAPORE, Singapore

"Very Encouraging" Response To Hyflux Suitor's Debt Offering

Pison Investments has announced that 158 tender applications from senior unsecured creditors have been submitted in its pursuit to acquire the debt of financially stressed Singapore environmental services company Hyflux.The tenders from note holders and other eligible creditors continue to accumulate even past the set deadline of September 4...

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23 Sep 2020 PARIS

Drama Over Veolia's Bid To Takeover Rival Suez

Tensions are continuing to grow following Veolia’s attempted hostile takeover of rival Suez, despite French Finance Minister Bruno Le Maire’s calls for calm and hopes that a “useless war” can be avoided between the two giants of French industry. Suez’s parent company Engie, rejected the initial offer on September 17th, with chairman Jean-Pierre Clamadieu explaining that the energy firm is not opposed in principle to selling the company with which it merged in 2008— but considers Veolia’s opening bid too low and is ready to consider other options...

23 Sep 2020 CHICAGO IL, United States

New Futures Contract For California Water

Nasdaq and derivatives marketplace CME Group have announced plans for a new futures contract on the Nasdaq Veles California Water Index. Futures markets help create forward curves so water users can hedge future price risk. The new water future will function the same way as future contracts in other commodities, and is designed to help California water market users hedge price risk and provide a regulated, market-based solution for managing risk...