Energy, Mining & Utilities
European Union governments delivered a blow Monday to the biotechnology industry, allowing Austria and Hungary to maintain national bans on growing genetically modified crops from Monsanto. The market for genetically engineered crops is worth several billion dollars worldwide.
Tata, India's largest conglomerate, wants to take 10,000 acres of land to mine ilmenite in the southern Indian state of Tamil Nadu. The plan has sparked protests by local villagers who say the project will destroy their traditional way of life and the environment.
Vivendi Environnement will today launch last-ditch negotiations to recover control of a Brazilian water company after a state government said it would take over management from the French utility.
PORT HARCOURT, Nigeria -- A Rivers State High Court in Port Harcourt has ordered Royal Dutch/Shell to pay US$40 million in compensation for an oil spill which happened in 1970 in Ogoniland.
More than 500 people packed the Pompano Beach Civic Center on Monday night in a formidable display of opposition to Enron Corp.'s plans for a power plant next to Florida's Turnpike.
Three years after Chad began exporting its oil with assistance from the World Bank, few people outside the capital have access to electricity, running water, paved roads, and health clinics. Public schools are nonexistent. Life expectancy is 46 years for men, and only slightly longer for women.
More companies are beginning to see the benefits of having energy-efficient buildings and physical plants. Cleaner, more efficient office buildings and work spaces not only help the environment but can save a company money, improving that company's -- as well as all of society's -- bottom line.
A report submitted this week to a court in Ecuador finding dangerous levels of contamination at oil wells Chevron says it cleaned up in the 1990s is expected to reinforce a fraud indictment against two Chevron lawyers in a $27.3 billion environmental lawsuit against the oil company.