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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If you were to believe the CEOs of Big Oil speaking at the World Petroleum Congress in Doha last month, you would think that the oil industry is in great shape. Every one of them emphasised how great the industry was doing; how the industry is in effect doing the world a great service and, most of all, how the industry would be able to face the challenges the future holds thanks to its great innovativeness. The emphasis upon technology throughout the 4 day conference was overwhelming, and it was clear that this is a shared goal amongst the decision makers in the industry.