Energy, Mining & Utilities

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KLM, the Dutch airline, has been forced to backtrack from a plan to use oil from jatropha seeds grown in Indonesia for commercial flights, after Friends of the Earth Netherlands put out a report criticizing the potential impact on local food supplies. Read More
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An oil spill in northern Russia from a joint venture between Lukoil and Bashneft has damaged fragile reindeer pastures in yet another blow to the indigenous Nenets people. Environmental activists have warned about such disasters for decades but few precautions have been taken by the oil companies. Read More
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Grupo Bozovich - Peru's biggest hardwood exporter - has been accused of harvesting illegal timber, in a new report by the Environmental Investigation Agency. The Laundering Machine report claims that many of the timber certificates do not represent the actual source of the wood. Read More
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Puerto Rican citizen groups are protesting two renewable energy projects: a 30 megawatt solar energy project in Yabucoa by Western Wind Energy corporation from Vancouver and a 75 megawatt windmill array in Santa Isabel by Pattern Energy of San Francisco. The reason: these projects will threaten scarce farm land on the food dependent island. Read More
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Ian Hannam, a senior JP Morgan banker and ex-soldier, who helped finance a number of flamboyant and controversial mineral extraction projects from India to Tanzania over the last couple of decade, has resigned, after being fined $720,000 for insider trading by the UK Financial Services Authority. Read More
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The Karoo desert in the Western Cape region of South Africa is threatened by companies like Shell, the Anglo-Dutch oil company, Falcon Oil & Gas and Bundu Oil & Gas that want to frack for natural gas. Read More
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