Energy, Mining & Utilities

Published by
Wall Street Journal
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Employees of the federal agency that last year collected more than $11 billion in royalties from oil and gas companies broke government rules and created a "culture of ethical failure" by allegedly accepting gifts from and having sex with industry representatives, the Interior Department's top watchdog said Wednesday. Read More
Published by
Special to CorpWatch
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Entergy Nuclear (part of the broader Entergy energy family) is spinning off its northeastern U.S.-based nuclear power plants into a related limited liability corporation, Enexus. Stakeholders in Vermont, home of the Yankee Nuclear power plant, are less than happy, with Entergy also reneging on prior commitments to cover eventual plant decommissioning costs, potentially stranding taxpayers with much of the bill. Read More
Published by
Reuters
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France's nuclear safety authority (ASN) said on Friday that Areva-subsidiary Socatri had poorly managed a leak of liquid containing uranium that occurred in southeastern France this week. Read More
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Big business is talking more these days about the need to reduce greenhouse gas (GHG) emissions. Even long-time global warming denier Exxon Mobil feels the need to publicize what it is doing in this regard. Claims of reductions in GHG are not, however, meaningful unless those emissions are being estimated consistently to begin with. Read More
Published by
New York Times
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The Bush administration has disclosed that U.S. advisors in Iraq played a key role in drawing up contracts between the Iraqi government and five major Western oil companies. The no-bid contracts are expected to be awarded Monday to Exxon Mobil, Shell, BP, Total and Chevron, as well as to several smaller oil companies. Read More
Published by
Associated Press
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The Supreme Court on Wednesday slashed the $2.5 billion punitive damages award in the Exxon Valdez disaster to $500 million, a decision that could have broader implications for limiting how much courts can order businesses to pay. Read More
Published by
Guardian (UK)
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On June 23, James Hansen, a leading world climate scientist, called for the executives of major fossil fuel companies, including ExxonMobil and Peabody Energy, to be put on trial for crimes against humanity and nature through actions like funding climate skeptics to undermine global consensus around combating climate change. Read More
Published by
Special to CorpWatch
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Touted as the first step in a major regional integration project, the 225-kilometer TransCaribe pipeline travels underground across Colombia's Guajira Peninsula to the gas refineries of Maracaibo, Venezuela. Protesting the mega project's impacts on the peninsula's indigenous communities, the Wayúu community of Mashiis-Manaa is leading the struggle against oil giant Petróleos de Venezuela. Read More
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