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Glencore to pay >$1.1B to resolve government’s investigation into bribery and commodity and price manipulation

Green Car Congress

million in payments to be made to intermediary companies in order to secure improper advantages to obtain and retain business with state-owned and state-controlled entities in West Africa, including Nigeria, Cameroon, Ivory Coast, and Equatorial Guinea. had a contract to buy fuel oil, Glencore Ltd. On these pricing days, Glencore Ltd.

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

Oil is currently one of the most important and valuable commodities and constitutes a major source of income for the governments and corporations that control its production and distribution. For example, BMW now buys cobalt directly from mines to avoid child exploitation by intermediaries. THE BOTTOM LINE.

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

Oil is currently one of the most important and valuable commodities and constitutes a major source of income for the governments and corporations that control its production and distribution. For example, BMW now buys cobalt directly from mines to avoid child exploitation by intermediaries. THE BOTTOM LINE.