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In the next few days Pope Benedict plans to issue his second encyclical - the most authoritative statement a pope can issue - which apparently will focus on social and economic inequity in a globalized economy. In the statement, he is expected to denounce the use of tax havens as socially-unjust and immoral in cheating the greater well-being of society.
Proposed sanctions introduced in the US House of Representatives would pressure US energy giant Chevron to pull its investment from Myanmar, which rights activists say is helping prop up the ruling military junta.
The British energy company BP, tarnished by a string of costly legal problems, is preparing to settle accusations that it was criminally indifferent to worker safety and that it manipulated energy prices.
Total SA, reacting Thursday to comments by French President Sarkozy urging the oil and gas giant to refrain from new investment in Myanmar, said it had not made any capital expenditure there since 1998. The military junta that rules Myanmar this week escalated its efforts to repress pro-democracy demonstrations led by thousands of Buddhist monks.
The union activists suing U.S. coal company Drummond Co. Inc. in Alabama in the 2001 murders of three labor leaders say deliberate foot-dragging by Colombian authorities is preventing the jury from hearing their star witness. Concerned by the delay, 12 Democrats in the U.S. Congress wrote Colombia's vice president last week asking him to intercede.
Italian oil giant Eni has a long history of cutting deals with anyone, and of accusations of corruption and bribery. Now that its future hangs on Russia and its notorious reputation in the energy market, has Eni finally met its match?
Nigerian consortium Bluestar, led by tycoon Aliko Dangote, has pulled out of a deal to take stakes in oil refineries after protests by trade unionists.
A leading opponent of a Chinese-financed dam in Sudan accused Beijing on Friday of fueling widespread human rights abuses, as Khartoum moved to relocate 70,000 villagers to make way for the project.
For many other poor countries, like Nigeria and Chad, oil has been a poisoned bonanza, paradoxically dragging them into deeper poverty and corruption in what some call the oil curse.
There is no real dissent here in Rangoon. People are too scared to be members of any democratic movement. We are all just victims, people like me who are trying to get their lives back.' Ko Min, 47, his wife and two sons were swept up with hundreds of others in a military raid on their village close to the city of Bagan in 2005. The family were put to work, clearing jungle, digging latrines and an irrigation system for a military camp outside Mandalay. (mentions Zarubezhneft oil company)
A small, but growing, group of Diné indigenous peoples in New Mexico are protesting against a planned new huge coal-fired power plant. This is one of 150 similar plants scheduled to supply an anticipated boom in energy demand in the U.S.
The U.S.-backed Iraqi cabinet approved a new oil law Monday that is set to give foreign companies the long-term contracts and safe legal framework they have been waiting for, but which has rattled labour unions and international campaigners who say oil production should remain in the hands of Iraqis.