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en/unctad-2007-world-investment-report-focuses-on-extractive-firms-impacts-on-development#c47808

[PDF] full report: "World Investment Report - Transnational Corporations, Extractive Industries and Development"

Author: UN Conference on Trade & Development (UNCTAD), Published on: 1 August 2007

The World Investment Report 2007 focuses on the role of transnational corporations in extractive industries... Transnational corporations can bring in the finance and management skills [poor] economies need... But as we know, the extraction of natural resources involves considerable economic, environmental and social challenges. The objective is to ensure it is done in the most efficient and environmentally friendly manner possible, while at the same time contributing to poverty alleviation and accelerated development. For that, we need institutional and regulatory frameworks promoted by accountable Governments, as well as responsible investors. [Includes recommendations for host countries, home countries, international community, companies. Refers to Codelco, AngloGold Ashanti, Debswana (joint venture Botswana Govt. & De Beers), ConocoPhillips, ExxonMobil, Shell, Phelps Dodge (now part of Freeport-McMoRan), CNPC, Chiman mine (Zambia), Zambia Consolidated Copper Mines (ZCCM), Occidental, Kelian (joint venture Rio Tinto & PT KEM), Inco (now part of Companhia Vale do Rio Doce), BCL (Bamangwato Concessions Limited), BHP Billiton, Texaco (now part of Chevron), Chevron, Petronas, CNOOC, Sinopec, Barrick Gold, Teck Cominco, Glencore, Xstrata, Anglo American, Antofagasta, Newmont, Grupo Mexico, Alrosa, Norilsk Nickel, Gold Fields, Harmony Gold, Impala Platinum, Total, ENI, Inpex, Nederlandse Aardolie Mij, Norsk Hydro, Statoil, Repsol, BP, Sonatrach, Petrobras, ONGC, Gazprom, Lukoil, Tatneft]

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Related companies: A.P. Moller - Maersk Group Alrosa (Almazy Rossii Sakha) Anglo American AngloGold Ashanti Antofagasta Barrick Gold BCL BHP Billiton BP Chevron China National Petroleum Corporation (CNPC) CNOOC (China National Offshore Oil Corporation) Codelco Companhia Vale do Rio Doce (now Vale) ConocoPhillips De Beers (part of Anglo American) Debswana (joint venture De Beers & Botswana Govt.) Eni Equinor (formerly Statoil) ExxonMobil Freeport-McMoRan Gazprom Glencore Gold Fields Grupo México Harmony Gold Impala Platinum Inco (part of Companhia Vale do Rio Doce) INPEX Kelian Equatorial Mining (part of Rio Tinto) Lukoil Newmont Goldcorp Norilsk Nickel Norsk Hydro ONGC (Oil & Natural Gas Corporation) Petrobras PetroChina (part of China National Petroleum Corporation) Petronas Phelps Dodge (part of Freeport-McMoRan) Repsol YPF Rio Tinto Shell Sinopec Sonatrach Tatneft Teck Resources Texaco (part of Chevron) Total Xstrata (part of Glencore)