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Tullow Oil’s Sunderland AFC sponsorship ends amid controversy
Last year we raised some concerns about a new sponsorship deal between Tullow Oil and Sunderland football club, aka Sunderland AFC. Only it wasn’t actually Tullow that was doing the sponsoring, it was a strange body called Invest In Africa, that was all about promoting Africa (homogenous and undifferentiated continent that it is) as a…
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Oil company mega-profits and the dwindling public purse
Yesterday, The Observer ran a story about George Osborne promising to crack down on multinationals avoiding tax in some of the world’s poorest countries. Anger over corporate tax avoidance at a time of massive cuts to public spending has placed the issue on the political agenda, especially since widespread popular protest sparked by UK Uncut. The money…
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Making a Killing: Oil Companies, Tax Avoidance and Subsidies
Oil company mega-profits are being made at the expense of the public purse, as youth centres shut, hospitals struggle and the queues at food banks grow. Companies like BP & Shell receive major government support including direct subsidies and military and diplomatic services, but seem to pay very small amounts of UK tax in comparison…
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RBS finances Tullow’s drilling in Ghana
Tullow Oil Plc has secured a finance deal with a number of banks including the publicly owned Royal Bank of Scotland. The company says the $3.5m debt refinancing will in part be used for its operations in Ghana. Platform has watched the developments in Ghana closely. Amongst other concerns, Tullow has continued to flare…
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Tullow Oil’s foul play in Ghana
Sunderland FC’s controversial sponsorship deal with a Tullow Oil front group was featured in today’s Independent: There are growing concerns surrounding the suitability of Sunderland's new sponsor, Invest in Africa, amid claims from the oil watchdog Platform that the initiative's founding partner, Tullow Oil, is responsible for damaging business practices on the continent. Tullow…
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Blowing the whistle on Sunderland AFC’s oil sponsorship deal
At Platform we’ve been very focused on looking at how oil companies use cultural institutions to plaster over their controversial operations, but just yesterday a UK-based oil company moved into the sports sector. The Guardian reported that Premier League Sunderland AFC had secured “pioneering African sponsorship” with Invest in Africa. The article makes Invest In…
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A New Frontier: the rush for oil and gas in East Africa
This article was written by Taimour Lay who investigated the activities of oil companies in East Africa for Platform. It first appeared on the African Arguments website. When you stand on the island of Rukwanzi at the heart of Lake Albert, your first thought, echoing perhaps the casual rhetoric of the region’s oil men, is…
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Uganda demands end to oil clause that freezes weak regulation
The Ugandan government is insisting that British oil company Tullow Oil, France’s Total and Chinese group CNOOC drop the stabilisation clause from their oil contract of Lake Albert before approving the $10 billion oil project. The original contracts were leaked by PLATFORM in 2010. Meanwhile Ugandan opposition MPs are unhappy that Museveni’s government allowed disputes…
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A Lake of Oil: Congo’s contracts escalate conflict, pollution & poverty
A Lake of Oil analyses confidential oil contracts held by UK companies Tullow and Heritage in the Democratic Republic of Congo that were leaked by Platform, revealing the danger of economic rip-off and rights abuses in one of Africa’s most unstable countries.
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Contracts Curse: Uganda’s oil agreements place profit before people
Held secret by the Ugandan government and oil companies Tullow and Heritage, Platform has revealed the terms of the contracts for oil operations by Lake Albert on the Uganda-Congo border, and their economic implications. For the first time, Uganda’s Production Sharing Agreements are available to the public to read, after a leaked copy was placed…
