Oil Consortium fined for gas flaring in Kazakhstan

An international consortium of oil companies (ENI, Shell, ExxonMobil, Total, CNPC. Inpex and KazMunaiGas) has been fined by the Kazakh Environment Ministry for flaring 2.8 million cubic metre of gas which is rich in hydrogen sulphide. When brunt, the gas produces sulphur dioxide and thus damages the environment. The consortium operates the Kashagan oil field in the Caspian Sea.   ... →

Police Put Down Protests After Oil Field Auction

October 21, 2013- Hundreds of demonstrators gathered in Rio de Janeiro to protest the auction of Brazil’s largest oil field to a group of five companies; Brazil’s Petroleo Brasileiro Petrobras SA, France’s Total SA, the Netherlands’ Royal Dutch Shell, China’s CNOOC Limited, and China National Petroleum Corporation.  The protestors were concerned with the proceedings of the auction, in which the afore-mentioned group was the only bidder, as well as the relinquished control over Brazil’s resources to foreign companies.    ... →