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A US court has almost halved the damages oil giant Exxon Mobil must pay for a 1989 oil spill off Alaska.

The world's largest energy company is still spending hundreds of thousands of dollars to fund European organisations that seek to cast doubt on the scientific consensus on global warming and undermine support for legislation to curb emission of greenhouse gases.

Conservation groups based in Washington warned today that the Peruvian government is signing so many contracts with multinational oil companies that half the rainforest of the Peruvian Amazon is now covered with oil leases.

In February, the United States attorney's office in Manhattan is scheduled to go to trial in the largest foreign bribery case brought against an American citizen. It involves a labyrinthine trail of international financial transfers, suspected money laundering and a dizzying array of domestic and overseas shell corporations. The criminal case names Mr. Nazarbayev as an unindicted co-conspirator.

BP Plc's global management team knew of safety concerns at the company's Texas City, Texas, oil refinery before a deadly explosion last year, U.S. safety investigators said.

Up to 1.5 million tons of oil, 50 times the pollution unleashed in the Exxon Valdez tanker disaster, has been spilt in the ecologically precious Niger Delta over the past 50 years, it was revealed yesterday.

A group of protesters have invaded three Shell oil stations in the Niger Delta, forcing the facilities to be shut down, the company said.

After two years of public hearings, litigation, testimony and negotiations and more than 11,500 letters, phone calls and emails to state decision makers, New Jersey consumers avoided higher electricity rates when Exelon walked away from its takeover bid to buy-out Public Service Enterprise Group, PSEG, a publicly traded energy and energy services company headquartered in New Jersey.

For years, most industry groups have fought any effort to limit carbon dioxide and other gases linked to global warming, warning of dire consequences for the U.S. economy. But with growing public anxiety about climate change, major corporations are increasingly preparing for -- and, in some cases, lobbying for -- Congress to regulate emissions of heat-trapping gases.

Techint, the Argentine company that built the Camisea pipeline which carries natural gas from Peru's Amazon jungle region to a port on the country's Pacific coast, used unqualified welders, in a clear violation of international norms, according to a new report by E-Tech, a California-based non-profit engineering and environmental consultancy firm.

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