Australian engineering firm Worley (ASX:WOR) has seen its shares fall at least 2.3% after it denied allegations of bribery and corrupt conduct in Ecuador.
US refiners Valero Energy and Marathon Petroleum, along with Shell's trading unit Shell Western Supply and Trading, are rushing to secure Ecuadorian barrels after America banned imports of Russian crude.
The US’ Foreign Corrupt Practices Act (FCPA) is the benchmark for anti-corruption efforts around the world but the ways in which it is being used are changing, as various countries work on their own efforts.
The marathon legal war over oil pollution in the jungle in Ecuador—now 22 years old—can outrage, but also exhaust, diligent observers. But here's a new twist.
