Global Trade

More than a month has passed since the Deepwater Horizon rig blew up, spewing oil into the Gulf of Mexico and frustrating all efforts to contain it. The disaster underscores the enduring laxity of federal regulation of offshore operations and has shown the government to be almost wholly at the mercy of BP and of Transocean, the company leasing the rig. Read More

ADM has moved beyond the days of blatant price-fixing that landed its top execs behind bars. But the company's forays into new global agricultural markets bring charges of complicity in forced child labor and rampant deforestation. Critics assert that the conglomerate's embrace of self- regulation and voluntary guidelines is but a cynical ploy to deter effective reform. Read More

In 2000 British Petroleum launched an expensive ad campaign, re-branding its corporate image into the eco-friendly "BP: Beyond Petroleum." We said it then. When a company spends more on advertising its environmental friendliness than on environmental actions, that's greenwash. Three long weeks into the BP oil disaster roiling the Gulf of Mexico, CorpWatch's December 2000 skewering of its new image sadly, bears repeating. Read More

It's been ten years since British Petroleum launched an expensive ad campaign, re-branding its corporate image into the eco-friendly "BP: Beyond Petroleum." We said it then. When a company spends more on advertising its environmental friendliness than on environmental actions, that's greenwash. Three long weeks into the BP oil disaster roiling the Gulf of Mexico, CorpWatch's December 2000 skewering of its new image sadly, bears repeating. Read More

Originally posted on May 7 at Dirt Digger's Digest. Read More

While City investors have begun to question the role of companies such as BP and Shell in the tar sands business, a new report by Greenpeace claims British motorists are unwitting users of diesel and petrol derived from the tar sands of Alberta, Canada. The carbon-heavy production methods involved make tar sands extraction particularly damaging to the environment. Read More

The Obama administration began Friday to publicly chastise BP America for its handling of the spreading oil gusher in the Gulf of Mexico. Officials initially seemed to underestimate the threat of a leak, just as BP did last year when it told the government such an event was highly unlikely. Read More

BP says that the offshore drilling accident that is spewing thousands of barrels of oil a day into the Gulf of Mexico could cost the company several hundred million dollars. Nobody really knows whether the oil giant is being too conservative about the cost for the April 20 accident, which some experts say could end up as the biggest oil spill in history. Read More

When shareholders of the multinational company Chevron gather for their annual meeting in the U.S. city of Houston in late May, they will come face to face with Naing Htoo, whose community has suffered due to the exploits of the energy giant in military-ruled Burma. Read More

Mark Ekepa journeyed from Papua New Guinea to tell the shareholders of Barrick Gold Corp. how police had burned down his house near the Barrick's Porgera mine. Idolia Bornones travelled from Chile to say that Barrick operations are damaging local glaciers and rivers. But Barrick chairman Peter Munk was unrepentant as he faced the company's annual meeting. Read More