Word: exxonmobils
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Dates: during 2000-2009
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...sector like Brazilian mining, in which exploitation of child labor persists. Nor will the environmentally unfriendly origins of the fund's cash prevent it from pressing for better ecological standards. Last year, for instance, the fund voted in favor of a shareholder push for U.S. oil major ExxonMobil to adopt emission-reduction goals. Hardly the actions of a rapacious villain...
...have ExxonMobil to thank (or blame) for it. The U.S. giant got hammered by investors following its first-quarter earnings report. Profits were $13 billion, but production was falling. Yet in Canada, Exxon has muscled aside some of its Syncrude partners and parachuted in a new management team to meet aggressive expansion targets. "Everything up here is American, pretty much," says an oil worker earning $130,000 a year, a fairly typical salary in Fort McMurray, which has earned the nickname Fort McMoney because it has the nation's highest average income. The timing seems right for Canada too. Carpenters...
...jitters over the world's oil supplies was an explosion on Monday at a refinery in Big Spring, Texas, which halted its 67,000-barrel-a-day output, and could shut the facilty for two months. And even before then a bitter wrangle between Venezuela's oil officials and ExxonMobil over a rich oil field, as well as rebel action in the Niger Delta, had raised fears that oil supplies could be seriously interrupted...
...hung on to power for 16 years by mastering Bedouin politics. Along with physical courage - he commands from the front line - he has a gift for intrigue. Sometimes he buys off his enemies with cash, which is more plentiful since ExxonMobil started pumping oil in 2003. He has also been accused by Amnesty International and the Chadian opposition of murdering his enemies. But key to his survival is France's calculation, backed by military support, that his adversaries are worse...
...sponsors, as EMI plans to do. That might have some artists turning in their grave - just imagine that, John Lennon - but with music arenas often branded these days, EMI is confident it can sell the idea to some of its talent. Coldplay's next CD, brought to you by ExxonMobil, anyone...