ConocoPhillips Withdraws From Controversial Amazon Oil Project

9:31 am in amazonia, Business & Politics, energy, oil, peru, pollution by TreeHugger

Peru Amazon photoImage: PearlyV via flickr At the ConocoPhillips annual shareholder meeting last week, CEO James Mulva announced the company's withdrawal from the oil-drilling project in Block 39 of the northern Peruvian Amazon. It was a highly controversial project because indigenous populations live in voluntary isolation in the region, were not consulted about the drilling, and risk forced displacement and deadly epidemics, ...Read the full story on TreeHugger