Tullow & British Embassy push disputed deal that could cut Congo’s revenues by $10 billion Confidential oil contracts held by UK companies Tullow and Heritage in the Democratic Republic of Congo were leaked today, revealing the danger of economic rip-off and rights abuses in one of Africa’s most unstable countries. The Production Sharing Agreements (PSAs) are…

On the 28th of April, RBS held its Annual General Meeting in Edinburgh. Amidst the various motions relating to executive bonuses and a report back on the rocky road to recovery, two people raised concerns over the impact that RBS’ investments were having on indigenous communities in very different parts of the world. Eriel Tchekwie…

The Financial Times pulled an Amnesty advert challenging Shell’s pollution in the Niger Delta today. The full page ad was due to appear the morning of Shell’s AGM, to contrast the company’s $9.8 billion profit with its role in causing Nigerian communities to drink polluted water, eat contaminated fish, farm on spoiled land, and breathe in air…

Taimour Lay envisions the potential for a new government in 2011 to renegotiate and restructure Uganda’s oil contracts with Tullow, Total and CNOOC: “Faced with the mess Museveni has bequeathed, the new president will find that the most important thing he ever does in power is to mobilise support for renegotiation of the oil agreements.…

Cross posted from the PLATFORM blog, here is a new report exposing how British oil companies are making huge profits from oil in the Congo. PLATFORM reveals Congo oil contracts that threaten resource wars and $10 billion rip-off Tullow & British Embassy push disputed deal that could cut Congo’s revenues by $10 billion Confidential oil…

Tiny Skytruth have been challenging BP’s estimates on how much crude is spilling out of the Macondo well into the warm waters of the Gulf of Mexico. The organisation began analysing satellite & radar data soon after the Deepwater Horizon rig sank on April 22nd. BP initially claimed 1,000 barrels were spilling daily – after Skytruth pointed…

As the leaking crude in the Gulf of Mexico chokes sperm whales, wipes out local fishing incomes and ruins tourist destinations, we’ll see continued debates over who is to blame. Obama is pointing at BP, insisting the company won’t be let off the hook. BP’s claiming that they weren’t really on the scene – Transocean…

الآثار الكارثية التي قد تخلفها بقعة نفط الشركة بريتش بتروليوم  

As crude continues to pour into the Gulf of Mexico and Tony Hayward can’t work out what he did “to deserve this”, it turns out the company is having problems with offshore operations in the North Sea as well. The British Health & Safety Executive has warned both both BP & Shell that they are failing to…