The Chadian government shut most or all oil operations run by China National Petroleum Corporation (CNPC) over allegations of an oil spill, poor worker safety, and violations of other environmental regulations. CNPC, not surprisingly, denied the allegations and said it was working with the government to solve the problems. The dispute brings in to focus the controversial issue over Chinese companies and their commitment to corporate social responsibility.
Recommendations
- “Chad Annuls CNPC Oil License in Dispute Over $1.2 Billion Fine,” Daniel N’doh Nadjitan and Pauline Bax, Bloomberg, August 8, 2014
- “Chad Suspends China Firm CNPC Over Oil Spill,” BBC, August 14, 2013