Petrochemical industry leaders and financial investors need to update their strategic agendas and focus on recovery scenarios, regionalized supply chains, and capital productivity. That is, if they want to minimize the negative impact of the coronavirus pandemic on the industry, according to McKinsey & Company. In a recent analysis, the global consulting firm wrote that slowing…
MUNICH, Germany (ViaNews) – “Lundin Petroleum’s chief executive and chairman are set to be charged with aggravated crimes against human rights over the Swedish oil company’s role in causing thousands of deaths in South Sudan,” states the report published in the October 18th edition of the Financial Times. These crimes were allegedly committed in the…
JUBA, South Sudan (ViaNews) – Oil pollution now affects millions of people in South Sudan. Many villages have been completely destroyed by it. This has been going on for at least two decades. People in South Sudan have been waiting just as long for the world’s media to take notice of this, so as to…
JUBA, South Sudan (ViaNews) – For failure to report on oil pollution’s devastation of the country, the South Sudanese Parliament issues summons to country’s Minister of Petroleum and Mining and acknowledged that oil pollution has caused flight of more than 500,000 people in Upper Nile region alone. The Petroleum Committee of South Sudan’s National Legislative…
MUNICH, Germany (ViaNews) – In May 2018, the United Nation‘s Environment Programme published the South Sudan‘s First State of Environment Report and Outlook. From literally its first page on, the report details what such environmental and human rights organizations as Germany‘s Sign of Hope have been saying for many years. The ruthless and reckless practices…
JUBA, South Sudan (ViaNews) – Officials are now joining residents in protesting the environmental crisis in South Sudan. The newest cause for concern is the cancer-causing radioactive waste. Plug County is located in the Melut Basin, home to South Sudan’s most productive – and hence polluting – oil fields. In view of this proximity, it…
MUNICH, Germany (ViaNews) – Professor Fritz Pragst of Berlin’s Institute for Forensic Medicine is one of the leading forensic toxicologists in the world. Read: Briefing on Big Oil’s Contamination of South Sudan Professor Pragst headed a team of scientists that produced in 2017 the definitive study on the levels of lead, barium and other health-endangering…
MUNICH, Germany (ViaNews) – The contamination of South Sudan‘s water can potentially condemn an estimated number of more than 600,000 South Sudanese to painful lives and early and horrible deaths, said Klaus Stieglitz, the vice chairman of the German NGO, Sign of Hope, as reported by the German publication, Deutsche Welle. Among them, the alleged…
Trigged by an oil spill and subsequent heavy rainfall, waves of oil and contaminants-soaked mud are rolling over South Sudanese villages and farmlands, reports the Nile Institute of Environmental Health (NIE-Health), one of the country’s leading environmental monitoring and reporting institutions. The oil spill resulted from a bursting in December 2017 of a pipeline connecting…
CARACAS, Venezuela (ViaNews) – Ending 2017, Venezuelan Government announced its intention to issue a new crypto asset called Petro (derived from petroleum) which would be backed by proven oil reserves. President Nicolás Maduro was thus answering to President Donald Trump’s decision to blockade the financial movements of the South American country which has the biggest…
