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A change of culture at BP

As Tony Hayward stepped up to become Chief Executive of BP, media attention focused on Browne’s dramatic departure. But what does the Hayward era promise? – This article was first published in platform’s Carbon Web Newsletter, Issue 7. Hayward, like Browne, is a driller. With a PhD in geology, he spent 22 years in BP...

Sakhalin II Impacts

Shell's Sakhalin II gas & oil project in far eastern Russia has disrupted the social and economic fabric of local communities, including indigenous communities and local fishermen. Rare and endangered species are being threatened with extinction, including the Western Pacific Gray Whale and Stellar's Sea Eagle. Shell's pipeline stretches from the northern tip of Sakhalin...

Shell’s greed punished in Sakhalin

This analysis report was first published in Platform’s Carbon Web Newsletter, Issue 6. After months of haggling over the Sakhalin II gas project, differences between Shell and the Russian government have been resolved through a change in project ownership. The Russian state gas company Gazprom will become the majority shareholder, while Shell, Mitsubishi and Mitsui...

Oil-rich South America forces US free trade agenda on the back foot

In a sign of increasing resistance to US hegemony in South America, both Bolivia and Ecuador have moved towards nationalisation of their oil industries – This article was first published in Platform’s Carbon Web Newsletter, Issue 5. Bolivian President Evo Morales in May issued an ultimatum to foreign oil companies to negotiate new contracts or leave...

Energy Security – for whom?

Some commentators saw this summer’s G8 meeting in St. Petersburg as a clash of empires, with Vladimir Putin using the theme of “energy security” to reassert Russia’s global power. What has received less attention is how the concept is intended to bring ever-increasing supplies of energy to all of the G8 countries, potentially at the...

New company, same old Shell

This report was first published in Platform’s carbon web newsletter, issue 1.   Forty-two years since the official opening of the Shell Centre, Tuesday 28th June was perhaps the most significant day yet in the life of that prominent building on the South Bank. Those who photograph it from the London Eye will not notice...

Development aid or oil industry subsidy?

This report was first published in Platform’s Carbon web newletter, issue 1.   As the G8 meeting has brought Africa and climate change to the fore, a report by Platform Research reveals that British development aid is being spent on oil projects that exacerbate both climate change and poverty. ‘Pumping Poverty’ details how the government’s...
Sakhalin II gas and oil project: Further Breaches of Equator Principles May 2004 – March 2005

Sakhalin II gas and oil project: Further Breaches of Equator Principles May 2004 – March 2005

In May 2004, 39 civil society groups, from 15 countries, warned commercial banks of extensive violations of the Equator Principles by the Shell-led Sakhalin II project. This update from 2005 finds that events over the past ten months show a deteriorating situation, constituting further violations.
The Sakhalin II PSA – a Production ‘Non-Sharing’ Agreement

The Sakhalin II PSA – a Production ‘Non-Sharing’ Agreement

Platform's report reveals that revenue distribution for Sakhalin II between the Russian government and Shell's consortium (SEIC) is set at a grossly unfair level. The contract terms, defined in a 1994 Production Sharing Agreement (PSA), place the Russian state at a significant disadvantage.
Principal Objections: Analysis of Sakhalin II gas & oil project’s compliance with the Equator Principles

Principal Objections: Analysis of Sakhalin II gas & oil project’s compliance with the Equator Principles

Shell's Sakhalin II integrated oil and gas project fails to comply with the Equator Principles on responsible lending. The project on Sakhalin Island in Russia’s Far East will have severe environmental impacts, including threatening the critically endangered Western Gray Whale with extinction, damaging habitats of endangered bird and fish species, and polluting important fisheries.