Energy, Mining & Utilities

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The Obama administration is backing Shell Oil after abruptly changing sides in a landmark U.S. Supreme Court case that could make it even more difficult for survivors of human rights abuses overseas to sue multinational corporations in federal courts. The case will be heard on October 1. Read More
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Chevron - the Northern California-based oil and gas company - has been quietly acquiring rights to drill for natural gas in Eastern Europe using "fracking" technology - a controversial technique. However, grassroots opposition in Bulgaria and Romania has thwarted the companies plans so far. Read More
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Eurasian Natural Resources Corporation has won a $101.5 million license to dig for copper in the Democratic Republic of Congo. The company has been questioned by Global Witness for possible links to corrupt Congolese officials. Read More
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Syabas, a private water company in Malaysia, has threatened to start water rationing in the state of Selangor after claiming that it had almost no water reserves left. Critics claim that the threat is a ploy to win more lucrative contracts and to favor a rival political party. Read More
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Aubrey McClendon, the founder and CEO of Oklahoma-based Chesapeake Energy, who championed natural gas to the extent of paying environmental groups to oppose coal, is facing angry shareholders for his profligate ways. Chesapeake is one of the leading users of fracking - an environmentally questionable method of extracting natural gas. Read More
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A $6.3 billion coal mine project in the Galilee Basin in Queensland that could impact the Great Barrier Reef, has been halted by Tony Burke, Australian environment minister. The Alpha project is the first of several major coal projects being pushed by Campbell Newman, the premiere of Queensland. Read More
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President Barack Obama personally helped Shell obtain authorization to drill for oil in Alaska, according to a new article in the New York Times. This comes a day afer activists launched two reports on the environemental impact of the drilling plans at the company's annual meeting in the Hague. Read More
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