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CorpWatch Exclusives

“Operation Car Wash” Uncovers Alleged Politicial Bribery by Petrobras
by Richard SmallteacherCorpWatch Blog
September 9th, 2014
Paulo Roberto Costa, former head of Petrobras' refining and supply unit, has named dozens of politicians who allegedly took bribes from the Brazilian company. Costa claims that Petrobras paid out three percent of the value of new contracts to the politicians in return for favorable votes for the government.

Chevron Cancels Bulgaria Fracking, Shell Postpones Ukraine Plans
by Richard SmallteacherCorpWatch Blog
June 12th, 2014
Fracking for oil and gas across Europe has suffered a series of setbacks with Chevron closing its offices in Sofia, Bulgaria, and Shell postponing fracking plans in the Ukraine by at least two years. Meanwhile the French government is standing firm in its opposition to fracking.

Sinopec Fracking In China Turns Deadly
by Fatima HansiaCorpWatch Blog
April 24th, 2014
A deadly explosion in Jiaoshizhen, Sichuan province, has raised concerns about the risks involved in hydraulic fracking in China. The explosion occurred at a facility operated by Sinopec – one of China’s biggest oil and gas companies – that is being advised by Breitling Energy, a Dallas-based company.

Fracking Siberia: Gazprom Teams Up With Shell
by Richard SmallteacherCorpWatch Blog
February 25th, 2014
Gazprom of Russia has begun fracking in western Siberia with the help of Anglo-Dutch giant Shell. The joint venture is introducing new technology developed in the U.S. to tap a vast reserve of oil known as the Bazhenov shale that lies under a 2.3 million square kilometer expanse.

Keystone XL Review Biased and Deeply Flawed, Say Activists
by Richard SmallteacherCorpWatch Blog
February 14th, 2014
A major U.S. government report on the Keystone XL pipeline was written by oil industry consultants, say activist groups. The report, which was commissioned by the State Department and published two weeks ago, downplays the environmental impact of the pipeline and has been seen as key to potential approval.

Rurelec Wins Compensation for Bolivia Nationalization, But Little Profit
by Richard SmallteacherCorpWatch Blog
February 10th, 2014
Bolivia has been ordered to pay $41 million to Rurelec, a UK energy company, in compensation for nationalizing the Guaracachi power plant in May 2010. The order represents a small profit for Rurelec which bought a 50.1 percent stake in 2006 but substantially less than what the company demanded.

Shell Arctic Drilling Plans Blocked By Courts
by Richard SmallteacherCorpWatch Blog
January 23rd, 2014
Shell’s plans to drill for oil in the Arctic’s Chukchi Sea have been handed a major setback by a U.S appeals court which ruled that the Department of the Interior had underestimated the potential environment impact. The courts ordered the federal government to do a new assessment.

Climate Activists Slapped With Terrorism Charges for Devon Energy Protest
by Richard SmallteacherCorpWatch Blog
January 10th, 2014
Two climate activists who staged a protest at the headquarters of Devon Energy, a Fortune 500 company based in Oklahoma city, have been charged with a “terrorism hoax” after black powder drifted down from a banner that they unfurled.

Tokyo Electric Power Company Admits Fukushima Failures
by Richard SmallteacherCorpWatch Blog
August 28th, 2013
Tokyo Electric Power Company (Tepco) is facing calls to be shut down for failing to properly manage the environmental catastrophe caused by the meltdown of three of the company’s nuclear reactors in Fukushima, Japan. The disaster was the result of a tsunami triggered by a March 2011 earthquake.

Tabasará River Communities Struggle to Halt Panamanian Dam Project
by Jennifer KennedySpecial to CorpWatch
August 10th, 2013
Honduran owned Generadora del Istmo S.A. (GENISA) is almost done with building Barro Blanco- a 28.84 megawatt hydroelectric project - on the Tabasará river in Chiriqui province in western Panama. The indigenous Ngäbe-Buglé community says that the impact of this project on their livelihoods will be devastating.

Commodity Scams: Barclays, Goldman & JP Morgan Under Fire
by Pratap ChatterjeeCorpWatch Blog
July 23rd, 2013
JP Morgan Chase is expected to announce over $600 million in penalties and repayments for allegedly cheating customers in energy markets in California and Michigan. This just after Barclays bank paid out $470 million for manipulating electricity rates. Now Goldman Sachs is under scrutiny for possibly manipulating aluminum prices.

BP Goes on Trial for Deepwater Horizon Explosion
by Pratap ChatterjeeCorpWatch Blog
March 2nd, 2013
BP, the UK oil company, went on trial this week for the 2010 Deepwater Horizon drilling rig explosion in the Gulf of Mexico. The company could be fined up to $30 billion over the $25 billion it has promised if the court finds that it was "grossly negligent.”

Tar Sands Activist Interrupts Texas Oil & Gas Conference
by Puck LoCorpWatch Blog
January 31st, 2013
A climate change activist locked himself to a projector screen at an oil and gas conference in Texas today interrupting a TransCanada executive who was making a presentation on a pipeline from Alberta to the U.S. Instead 300 astonished attendees heard an impassioned presentation about TransCanada’s poor safety record.

Chevron Sues Its Own Shareholders In Ecuador Compensation Battle
by Puck LoCorpWatch Blog
January 24th, 2013
U.S. oil giant Chevron’s latest move in an epic legal battle waged against indigenous Ecuadorian villagers involves serving legal papers on journalists, a New York state government official, Google, Yahoo!, Microsoft, a host of environmental groups, and even its own shareholders.

Frackademia: How the Fracking Industry Tries To Bully Or Buy Scientists
by Puck LoCorpWatch Blog
January 18th, 2013
Range Resources, a Texas company, bullied the federal government into dropping a scientific report on environmental contamination caused by fracking, a new investigation has just revealed. This comes on the heels of two major pro-fracking academic reports that had to be withdrawn in 2012.

Deadly Conflict Over Honduran Palm Oil Plantations Spotlights CEO
by Jennifer KennedyCorpWatch Blog
December 31st, 2012
Miguel Facussé, the owner of Dinant Corporation in the Honduras, has come under scrutiny for the human rights abuses against farmers in the Bajo Aguán valley, where his company is cashing in on a boom in palm oil demand, fueled by loans from major donors like the World Bank.

Indigenous Protestors Against Guatemala Energy Company Targeted
by Jennifer KennedyCorpWatch Blog
November 10th, 2012
Six demonstrators were killed and dozens injured when the Guatemalan military fired into a group of indigenous Maya-K'iche' gathered on the Inter-American highway to protest rising electricity charges from Energuate, a major national power company owned by a private equity firm created by the UK government.

Renewable Energy Projects Generate Opposition in Puerto Rico
by Carmelo Ruiz-MarreroCorpWatch Blog
April 8th, 2012
Puerto Rican citizen groups are protesting two renewable energy projects: a 30 megawatt solar energy project in Yabucoa by Western Wind Energy corporation from Vancouver and a 75 megawatt windmill array in Santa Isabel by Pattern Energy of San Francisco. The reason: these projects will threaten scarce farm land on the food dependent island.

Emerald Energy Exploits Colombian Andes
by Elias CabreraSpecial to CorpWatch
March 18th, 2012
Emerald Energy, a UK company owned by Sinochem of China, is exploring for oil in the eastern Colombian Andes in the high altitude tropical mountain tundra ecosystem known as páramo. Local communities say that the company's underground explosions have caused landslides and ground collapses that have destroyed homes, crops and contaminated the local water supply.

The True Cost of Chevron: An Alternative Annual Report
by Antonia JuhaszTrue Cost of Chevron
May 25th, 2010
Chevron's 2009 Annual Report celebrates 130 years of Chevron operations. We, the communities and our allies who bear the consequences of Chevron's offshore drilling rigs, oil and natural gas production, coal fields, refineries, depots, pipelines, exploration, chemical plants, political control, consumer abuse, false promises, and much more, have a very different account to offer.

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