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Article

17 Oct 2004

Author:
Ethical Corporation [editorial]

Capital punishment - UN oil sanctions against Sudan seem unlikely. Could a divestment campaign fill the gap?

Oil revenues help the [Sudanese] regime to stay in power...the oil continues to flow through the hands of the state-owned oil companies of China, India and Malaysia. [China National Petroleum Corporation (CNPC), ONGC Videsh, Petronas]... As US companies are forbidden by sanctions from conducting business in Sudan, the companies on which campaigners focus feature big European names including Germany’s Siemens, Switzerland’s ABB and France’s Alcatel. [Also refers to Barclays, Talisman, Lundin, OMV, Total, PetroChina, BP, Liberty Mutual, HSBC, CalPERS]