Published under
Africa,
Nigeria,
oil,
political risk,
resource nationalism on Wednesday, January 4th, 2012
After a number of accidents, attacks by militants, and political scandals, is Shell’s honeymoon with Nigeria coming to an end? Some recent events and transactions indicate a shift in the Dutch company’s strategy in the country, opening a window of opportunity for new operators.
Published under
foreign policy,
free speech,
Georgia,
political risk on Monday, December 19th, 2011
It is said in Tbilisi that if many share the same dream, it has the potential to become a reality. Today, Georgia stands at the doorway of that achievable ‘dream’ in that it seems clear tangible change is on the way. Such change is brought to us by Bidzina Ivanishvili and his newfound ‘Georgian Dream [...]
Published under
Africa,
corporate foreign policy,
corruption,
CSR,
human rights,
mining,
natural gas,
oil,
political risk,
resource nationalism on Thursday, October 20th, 2011
Foreign policy used to be a craft practised by diplomats and statesmen. No longer.
Sir Richard Branson recently denied a report in a leaked US embassy cable that he bankrolled a diplomatic effort to sweeten the exit of Zimbabwean President Robert Mugabe, writes Alex Duval Smith in the Independent. A confidential memo released by Wikileaks says that in July 2007, Branson was due to hold a secret meeting with South [...]
Published under
gas,
political risk on Wednesday, September 28th, 2011
North American natural gas producers are facing tougher scrutiny and regulation from government, with the U.S. industry warning that new rules proposed by the U.S. Environmental Protection Agency could dampen the shale gas boom.
Published under
Africa,
corporate foreign policy,
Nigeria,
oil,
political risk on Friday, February 18th, 2011
Despite a drop-off of instability in the Delta today, oil exploration in Nigeria has slumped to the lowest in a decade after producers including Royal Dutch Shell Plc and Total SA backed away from investment until the country’s petroleum law is finally passed. Just one exploration well was drilled in Nigeria over the past two [...]
Published under
Africa,
corruption,
political risk,
War,
Zimbabwe on Wednesday, February 16th, 2011
Amnesty International and a conglomeration of human rights activists have stated that the Southern African Development Community (SADC) and the African Union have betrayed the people of Zimbabwe by ignoring human rights abuses by President Robert Mugabe’s supporters while paying lip service to implementation of political reforms. Amnesty International Africa director Erwin van der Borght [...]
Published under
Africa,
political risk on Friday, February 11th, 2011
Xinhua reports that the United Nations High Commission for Human Rights (UNHCHR) office cautioned the Ugandan media on Wednesday to avoid inciting the public during the general elections slated to begin on February 18th. Birgit Gerstenberg, UNHCHR representative in Uganda, told reporters here that although the media should fully exercise the right of freedom of [...]
Published under
Africa,
political risk,
Zimbabwe on Monday, January 31st, 2011
Reserve Bank of Zimbabwe Governor Gideon Gono has warned multinational banks currently operating there that they would suffer consequences if they refuse to write loans to ZANU-PF officials or others on Western sanctions lists in another fantastic example of civility in the face of foreign fiscal trepidation. In a monetary policy statement posted to the [...]
Published under
Brazil,
BRIC,
china,
corporate foreign policy,
oil,
political risk on Wednesday, November 17th, 2010
This year, China overtook the United States to become Brazil’s largest investor. In the first six months of 2010, FDI flows reached an estimated $10 billion, up from literally $83 million in the same period last year. The surge to many is hardly surprising given that China became Brazil’s largest trade partner in 2008. But [...]