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Nigeria: Shell Spent 40 Percent of Global Security Budget On Nigeria
All Africa – August 21, 2012
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Controversial Cairo PPP refinery receives $3.7 billion from World Bank, EIB, EFG Hermes
A refinery expansion inside urban Cairo is receiving hundreds of dollars in "development" lending, despite a popular campaign against construction. The Mostorod Refinery Project – part-owned by private equity firm Citadel Capital – is situated in Northern Cairo, between Shobra El-Kheima and Mostorod. Opposition to the public-private partnership has focused on forced evictions, pollution and…
18 Jun 2012 admin -
Is BP trying to pull a “climategate” with Gulf research emails?
Two oceanographers are accusing BP of attacking academic freedom after a subpoena from the company forced them to hand over more than 3,000 confidential emails relating to the Deepwater Horizon disaster. After BP and the Coast Guards asked Woods Hole Oceanographic Institution for help in order to assess the magnitude of the damage caused by…
6 Jun 2012 admin -
Out in the Cold – new report on Shell’s plans in the Arctic
Shell’s Annual General Meeting tomorrow is unlikely to go calmly. The company’s problems range from anger over excessive executive pay to spills in the Niger delta. At this time, Platform, Greenpeace and FairPensions are putting to scrutiny offshore Arctic exploration as a key direction in the company’s strategy. The new report ‘Out in the Cold…
21 May 2012 anna -
Risking ruin: Shell’s investments in Tar Sands, the Arctic and Nigeria
This article first appeared as an introduction to a report, Risking Ruin: Shell’s dangerous developments in the Tar Sands, Arctic and Nigeria, published on 18 May 2012 by Indigenous Environmental Network and Athabasca Chipewyan First Nation. As economic austerity bites, major oil companies are making staggering profits. A high oil price in 2011 made Shell $30.92 billion in annual…
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RBS outed for pro-tar sands lobbying
Despite vehemently protesting our calculations of £2.5 billion in Canadian tar sands finance 2008-2010, the Royal Bank of Scotland is today reported by Reuters to be closely involved in the pro-Canadian tar sands lobby in Europe.
10 May 2012 admin -
Oil projects too far – banks & investors refuse finance for Arctic oil
West LB have decided not to finance oil & gas development projects in the arctic and F & C have dropped Arctic oil explorers Cairn from their ethical portfolio. The German corporate finance & investment bank, West LB, launched a new environmental policy in February and its guidelines are important in relation to the push…
24 Apr 2012 james -
Care about the climate? Move Your Money out of RBS/Natwest
Pinch and a punch, first day of the Move Your Money month! All over the country, people are cutting up their cash cards from the main big banks and shifting their cash to ethical banks, credit unions and building societies, as part of Move Your Money’s sustained campaign to get people to stop providing banks…
1 Mar 2012 admin
