The swipe at fiscally agile multinationals which gives this post its title comes from Richard Murphy at a recent event held in Brussels for NGOs, MEPs and other stakeholders to discuss the draft transparency directive issued by the European Commission. The new directive picks up the political momentum created by the US Dodd-Franks legislation passed more »
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The glossy “corporate social responsibility” pages of an oil major’s website are a heroic but stilted effort to resist the barrage of hostile public opinion towards ‘big oil’ (boo ,hiss), an industry which has become a byword for underhand dealings, pilfering and dishonesty. However it has taken the discovery of little-known documentary Cite du Petrole to remind me that this vitriolic reaction to the sector was by no means always the case. This short film by Marc Wolfensberger charts the experiences of the first Western film crew allowed access to Neft Dashlari (or ‘Oil Rocks’), a colossal floating oil platform off the coast of Azerbaijan commissioned by egocentric son of the Caucasus Stalin in 1949 as the largest offshore platform ever built.