Construction & Megaprojects
High-ranking officials from the United States as well as Iraq accuse the Danish shipping company Maersk of having taken advantage of the chaos of war in order to grab control of Iraq's oil port.
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.
A leading opponent of a Chinese-financed dam in Sudan accused Beijing on Friday of fueling widespread human rights abuses, as Khartoum moved to relocate 70,000 villagers to make way for the project.
Papua New Guinea, one of the world's largest islands, has fortunes in gold under its lush green mountains and a diversity of indigenous culture. The arrival of a Canadian mining company has brought violent clashes and transformed the indigenous lands forever. Listen to an interview with the author, David Martinez.
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.
Two controversial multinational projects in Orissa, an eastern Indian state, face high level decisions in the next few weeks: a bauxite mine in the Niyamgiri hills planned by Vedanta of the UK and an iron and steel refinery in Jagatsinghpur being developed by POSCO of South Korea.
Disaster profiteers make millions while local companies and laborers in New Orleans and the rest of the Katrina-devastated Gulf Coast region are systematically getting the short end of the stick, according to a major new report from the nonprofit CorpWatch.Click here for the press release, to read the text version or to download the report.
A $50 billion plan by a Hong Kong based developer to cut a canal through Nicaragua to allow ocean going cargo ships cross back and forth from the Atlantic to the Pacific ocean has suffered major setbacks after fierce opposition by environmentalists and local communities.
TransCanada and the provincial government of Alberta are paying former advisors to the Obama administration - as well as former staff of the Hillary Clinton and John Kerry presidential campaigns - to help them lobby for the proposed Keystone XL pipeline to transport tar sands fuel to the U.S.
Halliburton, the oil field contractor, said second-quarter net income more than doubled on a gain from selling its government services and construction subsidiary, KBR.