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Groups oppose European Bank's plan to fund oil drilling in Egypt

Groups oppose European Bank’s plan to fund oil drilling in Egypt

Cairo/ Brussels May 27, 2013 On Wednesday 29 May, the European Bank for Reconstruction & Development (EBRD) will vote on whether to make a $40 million loan to Kuwait Energy to drill and extract oil in Egypt. Egyptian and international organisations are pushing the board of the public multilateral bank to reject the loan –...
The price of gas: imports, repression and fuel poverty

The price of gas: imports, repression and fuel poverty

In a deplorable attack on the right to protest energy giant EDF is attempting to sue 21 activists for £5mn in a civil action. The No Dash for Gas campaigners occupied West Burton gas power station for 7 days by scaling two of the three 91m high cooling towers, brave people. They are going to...
EU enabling violent repression in Egypt - NGOs call for moratorium on lending

EU enabling violent repression in Egypt – NGOs call for moratorium on lending

As the new Egyptian regime run by the Muslim Brotherhood is attempting an aggressive power grab and launching street violence on revolutionaries and opposition groups across the country, a coalition of Egyptian and European organisations are questioning European public banks’ political and financial backing of a constitutional coup and crackdown. In an open letter to...
'No more money for arms deals' - but what about fossil fuels?

‘No more money for arms deals’ – but what about fossil fuels?

Last week, a cross-party inquiry called for Parliament to review the use of public money to support arms exports. The all-party parliamentary group (APPG) on international corporate responsibility said Parliament should debate introducing a ‘prohibition list’ of projects that the Government refuses to underwrite. They suggested arms sales should be at the top of it....
Contradictory docs for Cairo refinery reveal disdain for transparency by European Bank officials in first major IFI-financed project since revolution started

Contradictory docs for Cairo refinery reveal disdain for transparency by European Bank officials in first major IFI-financed project since revolution started

A $3.7 billion PPP oil refinery expansion in Cairo is accompanied by contradictory project documents, making a mockery of claims by the public banks involved to be committed to “good governance” or democracy. Despite being presented as merely translations of one document, the Arabic and English “versions” are entirely different – with the Arabic markedly...
A secret military subsidy - pirates and oil corps

A secret military subsidy – pirates and oil corps

New Internationalist featured a blog from Platform on our new briefing A Secret Subsidy: Oil companies, the Navy and the response to piracy. Here’s what we wrote: This week the Combating Piracy Conference has been taking place in London, behind closed doors. This industry-organised event brings together representatives from European Union, NATO and oil and...
MPs find government support for Arctic drilling 'reckless'

MPs find government support for Arctic drilling ‘reckless’

The UK government’s support for Arctic Oil drilling was labelled ‘reckless’ today by the Environmental Audit Committee (EAC). The Foreign and Commonwealth Office (FCO) has been quietly supporting oil companies’ Arctic ambitions but this is the first time there has been public scrutiny of the department’s actions in relation to Arctic drilling. The Committee published...
Strong Laws Needed To Curb Corporate Abuse

Strong Laws Needed To Curb Corporate Abuse

This is a guest post by Katie Redford, Director of EarthRights International.  For many in the international human rights community, the new data about Shell’s security spending in Nigeria – including outlays of over $380,000,000 for just the period from 2007 to 2009 – released last week by Platform, is not surprising. The multinational oil giant has had...
Show us the money - will Dodd Frank force oil companies to reveal payments

Show us the money – will Dodd Frank force oil companies to reveal payments

Last Wednesday oil and gas lobbyists had a very bad day in the office when new US laws were introduced requiring the extractives sector to publish the payments they make to host governments. Industry groups had been aggressively lobbying to water down the regulations and succeeded in delaying their introduction by 16 months. But last...
Shell Security Spending Data Mapped on Guardian Data Blog

Shell Security Spending Data Mapped on Guardian Data Blog

Platform and the Guardian Data Blog have mapped Shell’s global security spending for 2008. The graphic is based on leaked internal financial data. You can find Platform’s full briefing on this issue here.  
The Oil Road - Journeys from the Caspian Sea to the City of London

The Oil Road – Journeys from the Caspian Sea to the City of London

The new Paperback edition has a brand new Afterword… “★★★★★…The Oil Road opens the lid on the often-shady energy economy, weaving absorbing travel reportage into powerful investigative journalism…. If you want to know why oil matters, read this book.” – Time Out (book of the week) “An elegantly written travel book…will make you think the next...
EU announces Arctic policy, but what does it mean?

EU announces Arctic policy, but what does it mean?

Yesterday (3rd July) the European Commission published a document outlining its policy position on the Arctic region. Alarmingly, one of the action priorities listed in the press release is "Promotion and development of environmentally friendly technologies that could be used by extractive industries in the Arctic". In the Communication full text (p9) they add: In...