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History of Oil

Reading through a history of Royal Dutch Shell, the UK-Dutch oil super corporation. I use the term super because in terms of global reach and revenue, they’re more than a corporation. They’re more than European.
While the history is interesting and it is certainly a very complex story, I’m not convinced about the corporation’s track record when it comes to oil exploration in the developing world.
Like many of the world’s energy corporations, they work in some of the poorest regions of the world, promising great benefits for the local population. Yet years go by and places like the Niger-Delta region remain poor and plagued with problems.
These days the talk is of alternative energy and being beyond petroleum. But while they talk the talk, are they really going to start walking the walk?

Original post by bicyclemark

Author :
EurActiv Network