Tag Archives | Yara

Leaked Gaddafi-era documents expose the need for urgent oil reforms

Global Witness has obtained Gaddafi-era documents that detail the mismanagement of millions of dollars of Libyan oil revenues and highlight murky practices by Libya's state-owned National Oil Company (NOC).   The revelations, contained in a report published in its entirety today by Global Witness titled “An Annual Report by the Control Board for 2010” (the “Report”), […]

SEC Probing Eni, Total Over Libya Operations

The U.S. Securities and Exchange Commission has sent formal requests for information to Italy's Eni SpAand France's Total SA related to the companies' Libyan businesses, the companies disclosed in regulatory filings. The investigation is among the first new probes to be disclosed since the fall of Col. Moammar Gadhafi last year. Eni, the biggest foreign […]

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Yara unveils unacceptable payments in Swiss JV

Yara International, one of the world's largest fertiliser companies, said it had uncovered "unacceptable payments" at its joint venture in Switzerland after an external investigation into possible corruption it initiated last year. Yara said on Friday it had told Norwegian police about the findings, which follow last year's discovery of possible offences in connection with […]

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Norway fertiliser maker Yara mulls Australian deal

Norwegian fertiliser company Yara would like to boost its current 35-percent stake in Australian ammonia maker Burrup and is considering whether to match Apache Corp's bid for 65 percent of the firm. "As we have said several times, we would like to increase our share in Burrup, but it will have to be done only […]

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