Archive for the 'Corruption' Category



As the 17 year old lawsuit between oil giant Chevron and the Ecuadorian Indians draws to a close, the plaintiffs are arguing that they have uncovered damning new evidence that could seriously undermine the oil company’s legal case.
Texaco drilled for oil in Ecuador from 1964 to 1992, working in partnership with the state-run company [...]

The London-based environmental group Platform was the first group to analyse the oil contracts in Iraq called Production Sharing Agreements (PSAs), which gave lucrative terms to the international oil companies.
Now they have turned their attention to the rapidly expanding oil scene in Central Africa in Uganda.
Uganda is said to be sitting on the largest onshore [...]

One of the issues that Oil Change has tried to highlight is how oil money corrupts and corrodes politics. Big Oil has always had hordes of cash to spend to influence legislation on energy and climate.  Big Oil always expects to get its way as its pockets are deeper than its opponents. For years it [...]

So ends a political era. The Alaskan senator Ted Stevens, the longest-serving Republican senator in history and a force on Capitol Hill for decades, yesterday finally conceded the re-election race to his Democratic rival, Mayor Mark Begich.
This brings us to the end of the “Uncle Ted” era in Alaska, when billions of  Stevens’s “pork-barrel” money [...]

It reads like something from a sordid novel rather than the government’s dealings with the oil industry. But an extensive investigation has found an extraordinary cozy relationship between the government and the industry.
Officials in charge of collecting billions of dollars worth of royalties from oil and gas companies accepted gifts, steered contracts to favored clients [...]