Energy, Mining & Utilities
Newmont Mining agreed Thursday to pay $30 million to Indonesia in a settlement of a civil lawsuit in which the government argued that the company had polluted a bay with arsenic and mercury.
A surprise encounter in the Congressional office of Georgia Representative Cynthia McKinney today brought the vice president of Occidental Petroleum face to face with the president of the U'wa indigenous people who are fighting the company's oil drilling on their traditional land in Colombia.
Greenpeace activists waded into the middle of the national energy policy debate with a peaceful protest in front of the Capitol today. The group erected three mock Exxon oil rigs in the Capitol Reflecting Pool with banners reading, 'Don't RIG Our Energy Future' and 'Stop Global Warming: Clean Energy Now!'
Three British bankers may be extradited to the United States to face Enron-related fraud charges, the High Court ruled on Tuesday in a ruling that was the first test case of laws introduced to speed the transfer of suspected terrorists.
While the Bush Administration relentlessly pushes for war in Iraq, they continue to fan the flames of oil wars and corporate terror around the world, and Colombia is proving to be ground zero in the other front of the War on Terrorism.
Protestors targeted annual general meetings of Enbridge and Bank of America this week for the devastating environmental consequences of extracting energy from two new and unconventional sources: tar sands and mountain top coal.
IOI, the second largest producer of palm oil in Malaysia, has been kicked out of an industry group that certifies sustainability practices, for environmental and labor violations. As a result, dozens of companies, including the makers of Dove soap, M&M's and Kellogg's Corn Flakes, have stopped buying from IOI.
This great, largely untapped treasure is pitting a leftist government aiming to use oil revenue for social programs against multinational corporations like Chevron, which were invited here a decade ago to develop the Orinoco Belt, a 54-square-mile area some 120 miles south of here.