BP and Shell: Rising Risks in Tar Sands Investment
Sep 24, 2008
This report details the range of existing and emerging risks that BP and Shell face from their expansion of production in the Canadian Tar Sands. We believe these risks are significant for BP and Shell shareholders and that investors should question the companies more deeply on their tar sands strategies, and call for greater transparency...
Cashing in on Coal – RBS, UK Banks and the Global Coal Industry
Aug 11, 2008
From concerns over air pollution and acid rain, to the recent rising awareness of carbon emissions and climate change, coal has been recognised as the dirtiest and most inefficient fossil fuel option. Despite this, coal is experiencing a global boom, with corporations opening new mines and commissioning new power stations. High street banks are making...
The Oil & Gas Bank: RBS & the financing of climate change
Jun 5, 2007
The Royal Bank of Scotland is covering up involvement in carbon emissions greater than those of the whole country of Scotland. PLATFORM's report “The Oil & Gas Bank”reveals the extent to which RBS-NatWest is providing the financial fuel driving climate change. RBS is more "oil" than "royal", as the bank financing oil & gas extraction....
Crude Designs: The rip-off of Iraq’s oil wealth
Nov 22, 2005
Also available in Arabic and Italian. Control of Iraq's future oil wealth is being handed to multinational oil companies through long-term contracts that will cost Iraq hundreds of billions of dollars. 'Crude Designs: The Rip-Off of Iraq's Oil Wealth' reveals that current Iraqi oil policy will allocate the development of at least 64% of Iraq’s reserves...
Sakhalin II gas and oil project: Further Breaches of Equator Principles May 2004 – March 2005
Apr 7, 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
Nov 6, 2004
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
May 7, 2004
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.
Degrees of Capture – Universities, the Oil Industry and Climate Change
Feb 18, 2003
This report examines the relationship between the oil and gas industry and the UK higher education sector, and assesses this in the context of climate change. It asks if some parts of the higher education sector have been ‘captured’by the industry. The report looks in detail at how much influence oil and gas companies have...
