Energy, Mining & Utilities
Huge mines here turning tarry sand into cash for Canada and oil for the United States are taking an unexpectedly high environmental toll, sucking water from rivers and natural gas from wells and producing large amounts of gases linked to global warming.
In the history of the Iraq War, one name is perhaps synonymous with the collapse of the Bush administration's hopes for a post-Saddam world: Retired Lt. General Jay M. Garner, who served as the first post-war administrator. This year, he and a small group of former US military leaders, officials, and lobbyists have quietly used their Kurdistan connections to help Canadian companies access some of the region's richest oil fields.
The World Bank president's June meeting could do worse than to consider Uganda's Bujagali Dam project and Tanzania's Bulyanhulu Gold Mine. The two large-scale projects are being supported by the World Bank's International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (Miga), as part of a broad strategy to increase economic growth and alleviate poverty.
Shell refinery on the island of CURACAO (Netherlands Antilles), near the coast of Venezuela, is casuing great concern and health threats to nearby poor neighborhoods and the entire island.
Halliburton, the oil services giant Dick Cheney headed until his selection as vice presidential candidate, has provided services to two controversial pipelines in Burma known for the violent human rights abuses associated with their construction.
A $6.3 billion coal mine project in the Galilee Basin in Queensland that could impact the Great Barrier Reef, has been halted by Tony Burke, Australian environment minister. The Alpha project is the first of several major coal projects being pushed by Campbell Newman, the premiere of Queensland.
Villagers in Tororo district, Uganda, not far from the Kenyan border, say that Guangzhou Dongsong Energy, a company from China, has conspired with the government to cheat them out of their land titles in order to build a $600 million phosphate mine and industrial complex.
Transnational aluminium smelters, some teaming up with Malaysian partners, are beating a path to eastern Sarawak state with an eye to surplus power from the problem-ridden Bakun Dam.
US and Ghanaian authorities are investigating corruption allegations involving a Texas oil company and the local partner that helped it secure control of the Ghanaian oil block that yielded one of Africa's biggest recent discoveries. The case risks complicating efforts by Texas company Kosmos to sell its stake in the Jubilee oil field to ExxonMobil in a deal valued at $4bn.