Energy, Mining & Utilities

Published by
The Boston Globe
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Three years after Chad began exporting its oil with assistance from the World Bank, few people outside the capital have access to electricity, running water, paved roads, and health clinics. Public schools are nonexistent. Life expectancy is 46 years for men, and only slightly longer for women. Read More
Published by
Inter Press News Service (IPS)
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Local communities in Nigeria are taking the World Bank before an internal auditor over claims that the lender neglected its duties and anti-poverty mission when it funded a controversial gas pipeline in the region, whose construction they say will harm the environment and area residents. Read More
Published by
The Washington Post
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Backers of a multibillion-dollar proposal to ship vast stores of liquid natural gas from Peru's Amazonian rain forest to the United States are seeking Bush administration support for international financing, but environmental questions are complicating the bid. Read More
Published by
The New York Times
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A prosecutor tried to poke holes in the testimony of Jeffrey K. Skilling, the former Enron chief executive, today by boring in on stock sales he made in the months after he left the company and before the energy company declared bankruptcy. Read More
Published by
tompaine.com
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In a Houston courtroom this week, former Enron CEO Jeffrey Skilling took the witness stand to plead his innocence, telling jurors that “My life is on the line.” Read More
Published by
Special to CorpWatch
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United Nations sanctions against Saddam Hussein may have failed to end his regime but they succeeded in enriching both the Iraqi dictator and corporations able to manipulate the scandal-ridden world body's Oil-for-Food program. Among the profiteers was the Australian Wheat Board, a former state-owned monopoly, which funneled over $200 million into Saddam's coffers even as the "Coalition of the Willing" was preparing for invasion. Read More
Published by
Vanguard (Lagos)
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THE Ministerial investigation committee into alleged dumping of toxic waste by the Shell Petroleum Development Company (SPDC) at Igbeku and Ejekimoni communities of Sapele local government area of Delta State has come up with recommendations for the company to remove and treat in situ the "alleged buried waste" to acceptable statutory levels. Read More
Published by
The Sacramento Bee
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Grupo Mexico S.A. de C.V. could find itself at the center of the bankruptcy reorganization of Asarco, a century-old American mining and smelting company whose liabilities include the environmental cleanup of 94 Superfund sites in 21 states. Depending on what happens in the bankruptcy reorganization, U.S. taxpayers ultimately could be responsible for the tab. Read More
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