Petroleum companies must fight corruption, instill responsibility in evolution of social awareness

02/21/2000
The social awareness in which an energy company conducts its business has been transformed dramatically over the last 30 years.It is hard to imagine that, up until 30 years ago, the energy industry worked essentially with carte blanche authority in nearly all areas of the world. The industry was then forced to seriously restrain its practices and clean up its environmental messes. This was the first phase of a type of social "consciousness" that energy companies exhibited, highlighted by fiascos such as Exxon Valdez and Brent spar.The second phase of consciousness was the issue of human rights. Many oil companies have been highly criticized for their dealings in countries that were litera...
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