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Four Norway companies join oil spill management project

2014-09-08 01:00:00| Offshore Technology

Eni Norge, Statoil, Gdf Suez E&P Norge, OMV Norge and the Norwegian Coastal Administration have partnered with Aptomar on a new industry project to improve oil spill management.

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Companies at risk sourcing illegal palm oil despite zero deforestation commitments

2014-09-05 23:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Major palm oil suppliers may be continuing to buy tainted palm oil despite high-profile commitments to eliminate deforestation from their supply chains, reports a new investigation published by Eyes on the Forest. The study tracked fresh fruit bunches illegally produced within the protected Bukit Batabuh tiger corridor in Sumatra's Riau, Jambi, and West Sumatra Provinces, finding that the contraband fruit entered palm oil processing facilities owned by Agro Muko, Asian Agri, Darmex, Incasi Raya,...

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Big palm oil companies move forward on carbon study

2014-08-14 06:41:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Seven palm oil giants have agreed to fund a study that will define what constitutes "High Carbon Stock" (HCS) forest, a move that will potentially determine the fate of ecosystems around the world as more companies commit to "zero-deforestation" policies based on the amount of carbon stored in vegetation. The companies - IOI Corporation Berhad, Kuala Lumpur Kepong Berhad, Sime Darby, Asian Agri, Musim Mas Group, Cargill and Wilmar International - are jointly funding the year-long study, which...

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Retail Bonds: How Oil Companies Tap Households For Investment

2014-08-06 01:00:00| Offshore Technology

Several offshore companies have made the leap into issuing retail bonds targeting ordinary investors as a means to get up and running. Despite success by some companies such as EnQuest, experts are warning of a weak financial safety net liable to sha

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As Russia's Isolation Grows, Oil Companies Caught in Middle

2014-07-22 22:51:13| Chemicals - Topix.net

The confrontation between Russia and the West took a turn for the worse with the downing of a Malaysian airliner on July 17, and that could spell trouble for several major oil companies operating in Russia.

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