Energy, Mining & Utilities

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Gazprom of Russia has begun fracking in western Siberia with the help of Anglo-Dutch giant Shell. The joint venture is introducing new technology developed in the U.S. to tap a vast reserve of oil known as the Bazhenov shale that lies under a 2.3 million square kilometer expanse. Read More
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A major U.S. government report on the Keystone XL pipeline was written by oil industry consultants, say activist groups. The report, which was commissioned by the State Department and published two weeks ago, downplays the environmental impact of the pipeline and has been seen as key to potential approval. Read More
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Bolivia has been ordered to pay $41 million to Rurelec, a UK energy company, in compensation for nationalizing the Guaracachi power plant in May 2010. The order represents a small profit for Rurelec which bought a 50.1 percent stake in 2006 but substantially less than what the company demanded. Read More
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This past Christmas, while children around the world wrote letters to Santa Claus whom they believed would deliver presents to them in a sleigh drawn by the mythical Rudolph, the actual human companions of the Arctic reindeer spent their holidays worrying about Beowulf, a British mining company. Read More
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Sierra Leone police opened fire on a group of protestors who were demonstrating against a palm oil plantation in the southern province of Pujehun. The project is being developed by Societe Financiere des Caoutchoucs (Socfin), a French agri-business giant. Read More
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YPF, the Argentinian state-owned oil company, has signed an agreement with Chevron in the U.S. to extract shale gas and oil using fracking technology in the southern Andes mountains. Local environmental and indigenous activists are gearing up for a fight to stop the controversial technology. Read More
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