Energy, Mining & Utilities

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Which are the world's worst multinationals? Which are the best? These are questions CorpWatch gets asked practically everyday. Just to clarify, we do not rank good corporations or endorse any of them, for several reasons: today's idols sometimes turn out to have feet of clay. And we see our job as investigators of malfeasance. For those who want to do the opposite, there are plenty of groups out there who promote "socially responsible" businesses, and we encourage you to look them up. Read More
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Financial Times
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An oil and gas services company owned by a US buy-out firm on Monday admitted it sought to bribe officials connected to several nationally owned oil companies to improve sales of its software, including Kazakhstan's KazMunaiGas and subsidiaries of China's CNOOC. Read More
Published by
Financial Times
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Oil companies face a dilemma in Iraq over whether to wait for a new oil law which will give them a legal framework in which to operate or to sign agreements now with the Kurdistan Regional Government at the risk of sullying relations with Baghdad and the rest of the country. Read More
Published by
Financial Times
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In the wake of the multiple scandals over tainted Chinese food and drug exports in recent months, Chinese goods now have an indelible image of being not just cheap, but life-threatening as well. But the fact that wrongly labelled foods, liquor and pharmaceuticals have routinely sickened and even killed people en masse in China has been largely overlooked. Read More
Published by
New York Times
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Mattel, the maker of Barbie dolls and Hot Wheels cars, is recalling nearly one million toys in the United States today because the products' surfaces are covered in lead paint. According to Mattel, all the toys were made by a contract manufacturer in China. Read More
Published by
TIME Magazine
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Organized labor often complains of its treatment at the hands of corporate America, but its accusations pale in comparison to those made recently by the widows of Colombian mine workers in an Alabama courtroom. During a two-week trial, a Birmingham jury weighed charges that the local Drummond Coal Company bore responsibility for the murders of three union leaders who represented workers at its Colombian mine - the world's largest open pit mine. Read More
Published by
The New York Times
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Follow-up studies on a cleanup effort at the site of a former Ford car factory have shown that there is still a great deal of toxins left in the soil. Read More
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