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WASHINGTON, DC -- Environmental groups in Germany and the US released a new report today that provides conclusive evidence that the German Bank Westdeutsche Landesbank (WestLB) violated its own policies in loaning $900 million to the OCP Consortium building Ecuador's new heavy crude pipeline. The independent report written by Robert Goodland, former Chief of the Environmental Department of the World Bank, found, ''substantial non-compliance with all four applicable WBG's [World Bank Group] Social and Environmental Safeguard Policies.'' Specifically, the report found violations of World Bank Operational Policies on Environmental Assessment, Natural Habitats, Involuntary Resettlement, and Indigenous Peoples.
WASHINGTON -- A U.S.-led ouster of President Saddam Hussein could open a bonanza for American oil companies long banished from Iraq, scuttling oil deals between Baghdad and Russia, France and other countries and reshuffling world petroleum markets, according to industry officials and Iraqi opposition leaders.
NEW YORK -- Bankrupt energy trader Enron Corp. started taking bids Tuesday for 12 assets, including electric utilities and natural gas pipelines, that make up a large portion of Enron's total holdings.
What began with Vice President Dick Cheney's refusal 15 months ago to make his energy task force documents public expanded quickly to include policy making at virtually every level of government. And, after September 11, the blanket of secrecy - which had until then only covered the brass breasts of the DOJ's Lady Justice statue - darkened some of America's most valued constitutional protections.
Women recently occupied ChevronTexaco facilities throughout the Niger Delta. Their initial demands have been met, but issues remain.
ESCRAVOS, Nigeria -- Hundreds of women carrying straw mats and thermoses abandoned ChevronTexaco's main oil terminal, ending a peaceful 10-day protest that crippled the oil giant's Nigeria operations and won an unprecedented company pledge to build modern towns out of poor villages.
Women protesters who have besieged an oil terminal in southern Nigeria for more than a week say they will continue their blockade.
Groups hailed Tuesday a sweeping and unprecedented ruling by Africa's premier human rights tribunal that held that the former military regime of Nigeria violated the economic and social rights of the Ogoni people by failing to protect their property, lands, and health from destruction caused by foreign oil companies and the Nigerian security forces.
Is the US War on Terrorism in Afghanistan really a war for a natural gas pipeline? Fossil fuel corporations and the World Bank are expressing cautious interest. Activists are concerned.
Not everybody is convinced that Turkmenistan will be the source of a future pipeline in Central Asia. Joseph Naemi, another Iranian born businessmen who splits his time between Sydney, Australia, and Tashkent, Uzbekistan, is working on the possibility that Afghanistan's other major northern neighbor may be a better business bet
Sixty-four mainly European nongovernmental organizations (NGOs) from some 37 countries are asking international financial institutions (IFIs), like the World Bank, and bilateral export credit agencies (ECAs), including the United States Export-Import Bank, to deny funding for a multi-billion-dollar oil pipeline project to run more than 1,000 miles from the Caspian Sea to Ceyhan, a Turkish port on the Mediterranean.
The Environmental Protection Agency will relax air pollution rules to make it easier for utilities to upgrade and expand their coal-burning power plants, Bush administration sources said yesterday.
A lawsuit claiming US energy giant UNOCAL was complicit in human rights abuses committed by Myanmar's military regime will go ahead in California in September, lawyers said.
San Diego-based Sempra Energy is dodging US environmental laws by building power plants in Mexico -- and shipping the electricity back to California.
Environmentalists are praising Costa Rica's Ministry of the Environment and Energy for turning down a request from a US oil company to drill for oil along the Caribbean coast.
KABUL -- World Bank chief James Wolfensohn said Wednesday he had held talks about financing a fuel pipeline to channel massive gas reserves from Turkmenistan through Afghanistan to India or Pakistan.
Calgary (April 30, 2002) -- Rights and Democracy advised oil corporation Talisman today that future complicity in Sudanese human rights abuses could be liable for prosecution by the impending International Criminal Court.