Metro[1]: ‘Sustainable’ funds investing millions in oil companies and banks. This article mentions Platform’s work on Shell Nigeria[2] and uses it to question the ethics of investment in oil companies.

Heat or Eat?[3] Fuel Poverty Action occupy British Gas headquarters.

Bloomberg[4]: hypes-up the “pre-salt” oil basin offshore Nigeria, thought to mirror Brazil’s huge oil reserves. Drilling is planned in Angola, Gabon, Republic of Congo and Namibia.

Fuel Fix[5]: Nigeria may ask Shell for an unspecified amount of compensation[6] following a major oil spill from its Bonga offshore facility in December 2011.

Nasdaq[7]: Chevron faces an $11 billion lawsuit and jail time for execs following an oil spill off the coast of Brazil, near Rio.

This Day[8]: update on the Chevron rig offshore Nigeria that exploded 14 days ago: “The fire is still burning at the well, but at a diminished rate”… But never mind – Chevron made the highest annual profits in its 132-year history last Friday, at $26.9 billion[9].

Endnotes:
  1. Metro: http://www.metro.co.uk/news/888800-sustainable-funds-investing-millions-in-oil-companies-and-banks
  2. Platform’s work on Shell Nigeria: http://blog.platformlondon.org/2011/10/03/counting-the-cost-corporations-and-human-rights-abuses-in-the-niger-delta/
  3. Heat or Eat?: https://network23.org/heatoreat/2012/01/30/british-gas-negotiations-statement/#comment-2
  4. Bloomberg: http://www.bloomberg.com/news/2012-01-30/africa-seen-mirroring-brazil-in-atlantic-coast-drilling-energy.html
  5. Fuel Fix: http://fuelfix.com/blog/2012/01/30/nigeria-to-ask-for-compensation-from-shell-on-bonga-spill/
  6. compensation: http://fuelfix.com/blog/2012/01/30/nigeria-to-ask-for-compensation-from-shell-on-bonga-spill/
  7. Nasdaq: http://community.nasdaq.com/News/2012-01/chevron-execs-staring-at-11-billion-lawsuit-and-jail-time-for-brazil-spill-chv-rig-pbr-ugp.aspx?storyid=117148
  8. This Day: http://www.thisdaylive.com/articles/rig-fire-chevron-plans-2-relief-wells/108175/
  9. Chevron made the highest annual profits in its 132-year history last Friday, at $26.9 billion: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2012/01/28/BU0S1MVGSM.DTL