Energy, Mining & Utilities
The mining industry has a worldwide image problem. In developing and developed countries alike, the public tends to regard mines as dirty, dangerous and disruptive - and those who stand to profit from them as greedy despoilers.
On Monday Chevron said it gave Ecuadorean authorities evidence of a bribery scheme linked to a $27 billion environmental damages lawsuit against the oil company. Last week, the judge hearing the case, Juan NÃºÃ±ez, recused himself. The Amazon Defense Coalition said the recusal did not "change the overwhelming evidence against Chevron."
In its rush to re-create the industrial revolution that made the West rich, China has absorbed most of the major industries that once made the West dirty.
The federal Environmental Protection Agency is investigating the source of arsenic found at a cleanup site in Upper Ringwood where a Ford Motor Co. contractor recently removed tons of paint sludge.
HOUSTON -- Enron Corp., plagued by investor doubts and under the gun to shore up its crumbling finances, said on Thursday it was talking with power trading rival Dynegy Inc. about a possible merger.
The oily links of the Bush presidency and the GOP do not end with energy and telecom giants like Williams Companies and Enron. On January 18, Williams named to its Board of Directors W. W. "Bill" Hanna, the former vice chairman of Koch Industries, an oil, gas and petrochemical company that was a major contributor to the Bush campaign.
Grupo Bozovich - Peru's biggest hardwood exporter - has been accused of harvesting illegal timber, in a new report by the Environmental Investigation Agency. The Laundering Machine report claims that many of the timber certificates do not represent the actual source of the wood.
Some 500 Angolan fisherfolk have demanded compensation from Chevron after an oil spill polluted the Mandarin and Mpuela shoreline in Cabinda last month, close to the California company's drilling operations. Under government orders, all fishing activity was banned for almost two weeks.
Phase II of Peru's controversial Camisea gas project has once again run up against opposition from the U.S. government and Senate, which may vote against approving additional Inter-American Development Bank (IDB) funding.