Energy, Mining & Utilities
WASHINGTON -- A U.S.-led ouster of President Saddam Hussein could open a bonanza for American oil companies long banished from Iraq, scuttling oil deals between Baghdad and Russia, France and other countries and reshuffling world petroleum markets, according to industry officials and Iraqi opposition leaders.
U.S. Secretary of State Condoleezza Rice's visit to Jakarta follows the Bush Administration's controversial decision to reestablish full relations with the Indonesian Military (TNI). That move opens the door to renewed U.S. assistance, but pumping aid to an unreformed Indonesian military would serve only to encourage further rights abuses and undermine civilian governance.
California Superior Court Judge Victoria Chaney has rejected an attempt by Unocal Corp. and two of its former officials, Roger Beach and John Imle, to dismiss claims that they facilitated and abetted human rights abuses on Unocal's Yadana Pipeline project in Burma.
CorpWatch and its partners today released an alternative annual report on Halliburton titled: "Goodbye Houston" The new report was prepared in association with Halliburton Watch and the Oil & Gas Accountability Project.