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Tag: oil companies
Rich countries subsidising oil, gas and coal companies by $88bn a year
2014-11-11 01:17:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Rich countries are subsidising oil, gas and coal companies by about $88bn (55.4bn) a year to explore for new reserves, despite evidence that most fossil fuels must be left in the ground if the world is to avoid dangerous climate change. The most detailed breakdown yet of global fossil fuel subsidies has found that the US government provided companies with $5.2bn for fossil fuel exploration in 2013, Australia spent $3.5bn, Russia $2.4bn and the UK $1.2bn. Most of the support was in the form of tax...
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Houston companies win Oil & Gas Awards
2014-11-07 11:56:23| Oil & Gas - Topix.net
Halliburton Co. , the seventh-largest public company in the Houston area , took home three awards, including Oilfield Service Company of the Year.
Tags: companies
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awards
Report rates palm oil companies on sustainability commitments
2014-10-06 00:37:00| Climate Ark Climate Change & Global Warming Newsfeed
Mongabay: A new report published Forest Heroes, an advocacy campaign pushing for an end to deforestation, ranks global palm oil companies on their sustainability commitments. The Green Tigers, authored by Glen Hurowitz, reviews the recent history of environmental policies in the palm oil sector, beginning with the formation of the Roundtable on Sustainable Palm Oil (RSPO) in 2004 through the wave of comprehensive zero deforestation commitments in 2013-2014. It then looks at individual companies' commitments,...
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companies
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oil
Companies hire local communities to evade palm oil restrictions in Indonesia
2014-10-04 02:43:00| Climate Ark Climate Change & Global Warming Newsfeed
Mongabay: As more palm oil companies are held accountable for deforestation in Indonesia, a growing number are hiring local communities to do their dirty work. According to the Oil Palm Farmers Union (SPKS), companies promise to buy mature fruits at attractive rates from smallholders and local villages who agree to clear and plant in protected forest areas. Through these agreements, companies distance themselves from the process, leaving the locals to bear responsibility for the destruction. Mansuetus Darto,...
Tags: local
companies
oil
communities
For oil and gas companies, rigging involves wages too
2014-09-29 09:51:22| Oil & Gas - Topix.net
A ProPublica review of U.S. Department of Labor investigations shows that oil and gas workers - men and women often performing high-risk jobs - are routinely being underpaid, and the companies hiring them often are using accounting techniques to deny workers benefits such as medical leave or unemployment insurance. The DOL investigations have centered on what is known as worker "misclassification," an accounting gambit whereby companies treat full time employees as independent contractors paid hourly wages, and then fail to make good on their obligations.
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