According to government sources and former employees in Yemen, Nexen has engaged in “illegal” behavior as its senior management was trying to bribe their way through a production-sharing agreement extension, allowing them to retain Yemen’s most lucrative oil site.Read More on Bikyamasr.
More on the Yemen Post
More on the Calgary Herald
Nexen Inc. is a Global Compact participant since 2001/03/01
This blog provides information on how U.N. Global Compact participants' walk the talk. The GC is a voluntary initiative at the strategic level to engage businesses towards sustainability principles. There is however a risk of 'blue-washing' by covering up corporate misbehaviour and law infringement from large MNEs through poorly enforced 'Integrity Measures' and weak U.N supervision. Let's 'WE', civil society stay tuned!
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Sunday, January 29, 2012
Canada’s Nexen to fight corruption charges in Yemen
Labels:
Alberta,
Canada,
Nexen,
Nexen Inc.,
oil and gas,
Principle 10,
Yemen
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