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Energy

Those who own, extract, process, and sell the fossil fuels on which modern culture is (often regrettably) based make up perhaps the single most powerful industry in the world. While energy policy in the United States is made behind closed doors with oil barons, wars are fought in the Middle East over oil & gas, and geopolitics in South America is revolutionized on the power of vast oil reserves.


Australian Uranium Mining Company Accused of Contaminating Lake Malawi
by Mayu ChangCorpWatch Blog
January 28th, 2015
Paladin Energy, an Australian mining company, has been accused of discharging uranium-contaminated sludge into Lake Malawi, which supports 1.7 million people in three countries – Malawi, Mozambique and Tanzania. The company began uranium mining operations in Malawi in 2009 although it suspended operations last year after ore prices fell.

U.S. Attorneys General Form Secret Alliance To Help Energy Companies
by Pratap ChatterjeeCorpWatch Blog
December 8th, 2014
Major energy companies have effectively created a secret law firm of conservative attorneys general to persuade Washington lawmakers to gut environmental regulations, according to an investigation by the New York Times. In return, these senior government officials have received millions of dollars to help them win political campaigns.

Adani Gets Billion Dollar Loan for Australian Mega Coal Project
by Richard SmallteacherCorpWatch Blog
November 26th, 2014
Adani Enterprises has been offered a $1 billion loan by the State Bank of India to support a mega coal mining project in the Galilee basin in central Queensland, Australia. Environmentalists say that the accompanying industrialization is likely to severely impact the Great Barrier Reef, 400 kilometres away.

Tanzanian Officials Arrested For Failure to Publish Natural Gas Contract Details
by Pratap ChatterjeeCorpWatch Blog
November 7th, 2014
Two senior Tanzanian officials were arrested after they failed to produce details of 26 multi-billion dollar agreements signed with Statoil of Norway; the BG Group and Ophir from the UK; and ExxonMobil from the U.S. Opposition politicians want assurances that the money will be spent in a transparent manner.

Chevron Wins Ecuador Arbitration But Money May Go To Amazon Communities
by Mayu ChangCorpWatch Blog
October 13th, 2014
The Dutch Supreme Court recently upheld an arbitration tribunal judgment requiring the Ecuadorean government to pay Chevron $106 million for breach of contract. Ironically, activists say Ecuador is now free to hand this money to indigenous communities who have sued the oil giant for pollution in an unrelated case.

Pipeline Leaks in Caspian Sea Oil Project To Cost $4 Billion
by Pratap ChatterjeeCorpWatch Blog
October 9th, 2014
Kashagan, Kazakhstan's flagship offshore oil project in the Caspian Sea, will need to spend some $4 billion to repair 200 kilometres of pipelines that are leaking corrosive sulphur-containing gas, according to new estimates. The reports confirm long standing fears of environmental organizations and the local community.

Kosmos Energy Prepares to Drill for Oil in Disputed Western Sahara
by Pratap ChatterjeeCorpWatch Blog
September 19th, 2014
Kosmos Energy, a Texas oil company, is preparing to drill for oil in Western Sahara, a disputed territory currently controlled by Morocco. The company has dispatched a state of the art oil rig to begin operations later this year, according to Western Sahara Resource Watch (WSRW), an activist group.

“Operation Car Wash” Uncovers Alleged Political 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.

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