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Four executives of energy company Scottish Power cost the company ã11m in severance pay when they left their jobs over the past year, the group's annual report revealed yesterday. The payouts were immediately condemned as "obscene" by the Scottish National party's energy spokesman, Richard Lochhead.
Indigenous leaders of the island of Sakhalin in the far east of Russia have joined forces as a new wave of oil and gas development on the island is encroaching on their traditional lands.
Shell is facing yet more environmental protests over its controversial $12 billion oil and gas pipeline off the east coast of Russia.
Benzene vapors concern officials a week after the Texas City disaster
BP is facing renewed criticism of its involvement in the construction of a Caspian oil and gas pipeline after campaigners made fresh claims of human rights abuses relating to the controversial project.
British Petroleum said yesterday that it did not have external insurance to cover the damage caused to its Texas City refinery in the US, where an explosion killed 15 people.
Some 40 organizations launched an international campaign aimed at pressuring the French oil giant Total to pull out of Myanmar, where they said the company's activities support a military dictatorship, a French activist collective announced.
The $2.9 billion plant that bankrupt U.S. energy giant Enron built was a technological breakthrough and still represents the largest single foreign investment in India. But since shutting down almost four years ago, it has proven more of an embarrassment than a showcase.
The U.S. futures industry regulator said Wednesday that a U.S. unit of BP Plc. tried to manipulate U.S. propane prices by cornering the market in February 2004.