Energy, Mining & Utilities
The Bush administration said Tuesday it had broken off negotiations on a free trade agreement with Ecuador following the South American government's decision to annul an operating contract with Occidental Petroleum Corp.
With companies eager to tout their "green" credentials to consumers, advertising watchdogs in a number of countries are stepping up efforts to rein in marketers that make false or exaggerated claims.
The economic crisis that emerged out the collapse of securities based on shaky U.S. mortgages poses challenges for the Davos World Economic Forum, an arena that has championed market-driven approaches.
The South Korean Coast Guard said Monday that it had arrested the captains of a barge owned by Samsung Heavy Industry and a tugboat that caused an oil spill this month, the nation's worst.
Shell Petroleum Development Company (SPDC) of Nigeria finally managed to cap the oil gushing from one of its wells in Ogoniland at the weekend, but the well's blow-out and the resulting flood of oil and gas into the immediate environment has once more intensified tensions between the giant oil company and the half-million strong Ogoni Kingdom.
Seven corporations, including several of the world's largest multinational companies, have joined with an environmental group in seeking ways to trade emission permits to reduce their production of heat-trapping greenhouse gas emissions. But critics say the partnership is just more of the same hot air from the world's fossil fuel industry.
As many as 10 people have been killed by police this year at African Barrick Gold's operations in Tanzania, according to a new report from two NGOs - MiningWatch Canada and Rights and Accountability in Development (RAID) in the UK.
Former South African president Nelson Mandela has criticised US President George W Bush over Iraq, saying the sole reason for a possible US-led attack would be to gain control of Iraqi oil.
In the rural, tribal lands of Eastern India, protesters are going head-to-head with world steel giant Arcelor Mittal. "We may give away our lives, but we will not part with an inch of our ancestral land," the villagers cry. "The forest, rivers and land are ours. We don't want factories, steel or iron. Arcelor Mittal Go Back."