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This great, largely untapped treasure is pitting a leftist government aiming to use oil revenue for social programs against multinational corporations like Chevron, which were invited here a decade ago to develop the Orinoco Belt, a 54-square-mile area some 120 miles south of here.
Read MoreEthanol made from corn has been touted as the "green fuel" of the future. Archer Daniels Midland, the largest U.S. producer of ethanol, stands to make a fortune from environmentally conscious car drivers. But is ethanol really as environmentally clean as it is hyped to be?
Listen to an interview with Sasha Lilley on CorpWatch Radio.
Across the country, corporations are privatizing the commons -- water -- so they can sell it. Now one town is fighting back in a powerful new way: Barnstead, New Hampshire, has become the first municipality in the U.S. to adopt a binding local law that bans certain corporations from withdrawing water within the town. To protect their local law, Barnstead residents have also voted to strip corporations of their claims to constitutional rights and powers. This is not your father's old "regulatory" approach.
Read MoreIn addition to being the largest natural disaster in U.S. history, Hurricane Katrina was a boon for companies that specialize in recovering from such devastation. It opened the spigot to billions of dollars in federal contracts to haul debris, make emergency repairs to damaged homes and buildings, and provide temporary housing and other structures.
Read MoreHuge mines here turning tarry sand into cash for Canada and oil for the United States are taking an unexpectedly high environmental toll, sucking water from rivers and natural gas from wells and producing large amounts of gases linked to global warming.
Read MoreThis preliminary investigation by ECOS documents the socio-economic and environmental impact of oil exploitation in the Melut Basin in Upper Nile State, Sudan, as told by inhabitants of the area and photo graphed from satellites. It focuses on the Melut and Maban Counties, Renk District, which fall into concession blocks 3 and 7, held by the Petrodar Operating Company Ltd. under a Production Sharing Agreement with the Sudanese Government.
Read MoreFour former employees of Polo Ralph Lauren filed a lawsuit today in San Francisco Superior Court against the Polo Ralph Lauren Corporation, alleging that the company repeatedly violated the rights of its employees, according to Patrick Kitchin, a lawyer for the plaintiffs.
Read MoreThe Bush administration sought agreement from U.S. farm groups for a 70 percent cut in their most trade-distorting subsidies as a way to save world trade talks but was rejected, industry sources said on Tuesday.
Read MoreWhat was once a farming village of indigenous peoples is now a vast coffee plantation that straddles six towns in three provinces. The plantation prevents the T'boli villagers from expanding their own farmland.
Read MoreThe development of a potentially rare and lucrative platinum mine near a reserve in Northern Ontario has prompted a First Nation to sue the provincial government while it faces a $10 billion lawsuit from a Canadian exploration company.
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