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The startling concentration of economic power that has resulted from the U.S. merger wave of the last several years is going to require new levels of government intervention in the marketplace.
WASHINGTON -- While locked in a string of disputes with the Clinton administration, the oil industry has pumped more than $1.5 million into George W. Bush's campaign. Oil companies will be seeking Bush's help on a range of issues, should he be elected president.
President Bush has appointed a former aide to the American oil company Unocal, Afghan-born Zalmay Khalilzad, as special envoy to Afghanistan. The nomination was announced December 31, nine days after the US-backed interim government of Hamid Karzai took office in Kabul.
QUITO, Ecuador -- Oil from an abandoned exploratory oil well in the Ecuadorian Amazon is spilling uncontrolled into the environment months after government authorities were first notified, according to an international wildlife conservation group.
BEIJING -- Their battle cry was ''Get to Work'' and they came in three shifts, but the Chinese oil drillers weren't brandishing their crowbars and wooden sticks as tools.
Backers of a multibillion-dollar proposal to ship vast stores of liquid natural gas from Peru's Amazonian rain forest to the United States are seeking Bush administration support for international financing, but environmental questions are complicating the bid.
In October 1998, after years of protest by an unprecedented bi-national coalition, the proposed Sierra Blanca nuclear waste dump was defeated. The proposed site for the commercial nuclear waste dump was just 16 miles from the Texas-Mexico border.
The Reverend Jesse Jackson, the veteran civil rights leader, has called on African Americans to boycott BP over its record on equality.
At Doha, Katar, in the World Trade Organization's 4th Ministerial meeting, issues which jeopardize Peoples' sovereignty, promote the planet's environmental degradation, and threaten the last frontiers not yet inmersed in development are being discussed.
WASHINGTON, DC -- The World Bank has invested over $20 billion in more than 200 projects that extract, transport, or burn fossil fuels since 1992, according to a first-of-its-kind global database launched today by the Institute for Policy Studies.
Seeking to protect San Francisco Bay and people who fish it for food from toxic pollution, Communities for a Better Environment and San Francisco BayKeeper filed suit in federal court in San Francisco today alleging severe, ongoing dioxin pollution violations by the Tosco refinery near Martinez.
According to the report, thousands of villagers in eastern and central India received no compensation after state-owned Coal India used a $530 million loan from the World Bank in 1997 to raze their homes in a coal mine modernization scheme. Although resettling, compensating and retraining farmers as entrepreneurs was part of the loan deal, Coal India had no experience in these activities and was unable to carry them out.
Chevron USA, the second largest U.S. oil company, has agreed to pay a $6 million fine and spend $1 million on environmental improvements to settle a federal lawsuit over Clean Air Act violations at a California offshore oil terminal.
Perhaps it's a sign of politics inching back toward business as usual: Congressional Republicans are exploiting the Sept. 11 terror attacks to push the Bush administration's plan for an all-out increase in energy production.
Lord Browne, chief executive of BP and one of New Labour's favourite industrialists, has warned Washington not to carve up Iraq for its own oil companies in the aftermath of any future war.
French oil giant TotalFina-Elf flatly rejected accusations by a global trade union body Monday that its investments in Myanmar (formerly Burma) were directly linked to forced labor used for road-building and other heavy work around the Yadana oil pipeline off the country's southwest coast.
Gov. Robert L. Ehrlich Jr. announced today that he has vetoed the BGE rate deferral plan the legislature passed last week.
A jury's $5 billion punitive damage award for the 1989 Exxon Valdez oil spill was too high compared to the damage caused and the sums the company already has spent for cleanup and compensation, a federal appeals court ruled today.