Eni misled shareholders over gas flaring in Nigeria

A new report by CRBM, Corner House and FoE Nigeria and others condemns oil majors Eni, Total and Shell for their record of environmental and social devastation in Nigeria. It also dissects EU ‘energy security’, arguing that a policy that locks the EU into dependence on fossil fuels leads to increased conflict and climate chaos.

FOR IMMEDIATE RELEASE:

Eni misleads shareholders over end to gas flaring in Nigeria

Italian oil major Eni is misleading shareholders over the company’s commitment to end gas flaring in Nigeria, according to a new report [1] by an international delegation of non-governmental organisations (NGOs), following a recent fact finding mission to the Niger Delta. Gas flaring is illegal in Nigeria. Continue reading

Cleaning up Museveni’s oil mess in Uganda

Taimour Lay envisions the potential for a new government in 2011 to renegotiate and restructure Uganda’s oil contracts with Tullow, Total and CNOOC:

“Faced with the mess Museveni has bequeathed, the new president will find that the most important thing he ever does in power is to mobilise support for renegotiation of the oil agreements. Even if he ensures changes are made and the PSAs are significantly improved, oil extraction will bring upheaval, pain and dislocation to Uganda. So the new president’s role in amending the existing deals is to reduce the impacts of the ‘oil curse’, share what benefits are derived and help Ugandans weather the coming changes. This is an opportunity that could still be lost without sustained democratic engagement with the issues and radical institutional reform.”

See the full article published in Sunday’s Monitor.

Global Witness slams EU for cosying up to Turkmen dictatorship

The European Commission is turning a blind eye to corruption, lack of transparency and poor human rights in the repressive police state of Turkmenistan in a bid to secure future gas supplies, according to a new illustrated briefing paper from the campaign group Global Witness, launched on the eve of the 2009 oil and gas conference in Ashgabat, the Turkmen capital.

Global Witness’ report, ‘All that Gas?’ includes original artwork by satirical cartoonist, David Rees. His seven new cartoons feature EU bureaucrats discussing crude strategies to ‘get the gas’.

Just days after the report was launched, oil industry journals reported that the US has been pushing for access to Turkmen gas for American oil companies during the energy conference in Ashgabat. Chevron is apparently already in talks about taking over part of Turkmenistan’s giant South Iolatan gas field.

This follows previous pressure from the EU for a Turkmen commitment to pump gas through the proposed Nabucco pipeline. Oil companies including BP have already been trying to secure exploration licences in Turkmenistan for several years. BP has consistently been the main sponsor for the (almost) annual Turkmenistan Oil & Gas Conference. Yet again, BP is the “Platinum Sponsor” (Shell only made Silver), which seems to have netted the company two speakers on the programme Chief Economist Christof Ruehl and Exploration Vice President for New Business David Dalton. BP also hosted a cocktail party on Wednesday evening, while Total hosted a “VIP luncheon” Thursday afternoon. Developing fields under the Caspian and exporting the gas would be comparatively easy for BP, as its Shah Deniz field in Azerbaijan lies close to the marine border with Turkmenistan and its South Caucasus Gas Pipeline already pumps gas across the Caucasus and into the Turkish grid.