Wintershall Dea Faces German Probe over Climate Report - Rigzone News
Wintershall Dea Faces German Probe over Climate Report | Rigzone
Wintershall Dea Faces German Probe over Climate Report
German prosecutors are investigating allegations that oil and gas company Wintershall Dea misled the public about its sustainability efforts.
The Frankfurt prosecutors’ office confirmed to Bloomberg News that it has opened a proceeding on the matter. Wintershall Dea is currently reviewing the allegations, which it believes are unfounded, spokesman Stefan Leunig said by email.
The group Environmental Action Germany (DUH) said earlier Monday that prosecutors opened an investigation after it had filed a criminal complaint in February claiming that Wintershall Dea violated its reporting duties regarding its environmental and climate impact. Wintershall Dea either misrepresented or omitted legally required elements in its annual report, the DUH alleged.
Prosecutors have begun initial proceedings against members of Wintershall Dea’s management and supervisory boards, the DUH said in its statement.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- Standard Chartered Looks at Geopolitical Risk in Oil
- Pemex Ekes Out Profit as Production Falls
- TotalEnergies Increases Profit to $5.7B despite Lower Gas Prices
- European Commission Warns Five States over RE, Electricity Rules Compliance
- Eni Sees Profit Nearly Halved YoY, Bumps Up Repurchase Plan
- Next USA LNG Export Plant Aims to Begin Production in Mid-2024
- Beach Energy On Track to Deliver 30 Pct Headcount Reduction
- North America Posts Fresh Rig Losses
- Chevron Unit Starts Wellhead Pressure Project in Kazakhstan
- US DOE Narrows Scope of Environmental Reviews for Clean Energy Projects
- Dryad Says Reports Indicate Iran Intends to Disrupt Strait of Hormuz
- Galp Announces 10B Barrel Hydrocarbon in Place Estimate at Namibia Prospect
- Eni UK, Ithaca Energy Agree to Merge
- USA Upstream Merger Activity Gets Off to Record Start
- Xeneta Flags Climate Effect of Red Sea Conflict
- Canada Gas Firm Bags Venezuela Contracts but Stumbles on US Sanctions
- Europa Oil Releases Updated Irish License Emissions Report
- USA Crude Oil Stocks Drop More Than 6MM Barrels WoW
- Equinor Completes Drilling of Appraisal Well in Wisting Discovery
- Texas Oil and Gas Production Hit Record Highs
- An Already Bad Situation in the Red Sea Just Got Worse
- Oil and Gas Execs Reveal Where They See Henry Hub Price Heading
- Macquarie Strategists Warn of Large Oil Price Correction
- Dryad Says Reports Indicate Iran Intends to Disrupt Strait of Hormuz
- Chevron, Hess Confident Embattled Merger Will Close Mid-2024
- Analysts Flag 'Remarkable Feature' of 2024 Oil Price Rally
- One Dead in PEMEX Platform Fire
- Galp Announces 10B Barrel Hydrocarbon in Place Estimate at Namibia Prospect
- US to Shell Out $4B in First Round of Advanced Energy Tax Credit
- Petrobras Discovers Oil in Potiguar Basin
Related Knowledge Center: Climate diplomacy
Talks are well underway in preparation for the next major international meeting on climate change, 28th Conference of the Parties (COP28), scheduled to begin Nov. 30 in the United Arab Emirates.
Much like last year’s COP27, finances — specifically, aid to developing nations — will be at the center of conference deliberations.
The conference faces an even greater sense of urgency brought on by the Sept. 8, 2023, release of the first global stocktake, which calls for accelerated action to meet the goals set in the 2015 Paris Climate Agreement (COP21).
Climate diplomacy: COP 27 | Climate diplomacy: COP 28 | Climate diplomacy: COP 29