BANKS DODGY DEALS CAMPAIGNS
Sections
Banks Dodgy Deals Campaigns
Our campaigns
Banks and Climate
Banks and Human Rights
Banks and Nature
Our projects
Tracking the NZBA
Banks and Russia
Banks and Steel
Tracking the Equator Principles
Tracking the PRBs
Find a Better Bank
Banks and the OECD Guidelines
Media
News Publications
Raiffeisen Out! Bank.Green End Coal Finance Plastic Banks Tracker Defund TotalEnergies Financial Exclusions Tracker Equator-Complaints.Org Don't Buy into Occupation Banks & Biodiversity Forests & Finance Drop JBS StopEACOP Fossil-Free Finance
BankTrack
About BankTrack Organisation Our team Our board Our annual reports Funding and finances Guiding principles Our history BankTrack in the media Team up with us Our privacy policy Donate Visit us
Successes Contact BankTrack
Donate Mailing list Facebook Twitter Linkedin Login
Home › Partner news ›
Partner News

Oil for Germany, at any cost

New report on role of German banks in Russian oil sector
2006-10-04 | Berlin, Germany
By: Urgewald
Contact:

Regine Richter
regine@urgewald.de

2006-10-04 | Berlin, Germany
By: Urgewald
Contact:

Regine Richter
regine@urgewald.de

Urgewald proudly presents a new study "Oel fuer Deutschland - Koste es was es wolle" (Oil for Germany - at any cost) on the Russian oil industry, environmental destruction and human rights violations it causes and how German banks are involved through their financing of Russian oil companies.

The aim of the study is to raise awareness of these problems - especially with parliamentarians, civil servants and the decision makers in public and private banks - in order to hold them to account for their financing and to promote ecological and social standards for financing in the oil sector.

The study explains the Russian political context, how financing in the oil sector takes place and includes case studies, e.g. the vast oil pollution in the West-Sibirian oil fields, the oil and gas project Sakhalin II and the D6 oil platform in front of the Curonian Spit.

The study evaluates 83 syndicated loans granted by international banks to Russian oil and gas companies over the past 10 years with a total credit volume of more than 60 billion US$. The evaluation shows, that German banks have been involved in more than 80% of the loans.

The study is in German, however it contains a comprehensive table of the 83 granted syndicated loans in English. The table does not only include the German banks that are involved but international banks as well.

Read the report: Oel fuer Deutschland - Koste es was es wolle


Dodgy Deals
There are no active project profiles for this item now.

Sakhalin II oil and gas project

Russian Federation
Project
On record
Oil and Gas Extraction

Sakhalin II oil and gas project

Russian Federation
Sections
Banks Dodgy Deals Campaigns
Our campaigns
Banks and Climate Banks and Human Rights Banks and Nature
Our projects
Tracking the NZBA Banks and Russia Banks and Steel Tracking the Equator Principles Tracking the PRBs Find a Better Bank Banks and the OECD Guidelines
Media
News Publications
Raiffeisen Out! Bank.Green End Coal Finance Plastic Banks Tracker Defund TotalEnergies Financial Exclusions Tracker Equator-Complaints.Org Don't Buy into Occupation Banks & Biodiversity Forests & Finance Drop JBS StopEACOP Fossil-Free Finance
BankTrack
About BankTrack Organisation Our team Our board Our annual reports Funding and finances Guiding principles Our history BankTrack in the media Team up with us Our privacy policy Donate Visit us
Successes Contact BankTrack
Vismarkt 15
6511 VJ Nijmegen
The Netherlands
Contact@banktrack.org
Donate Mailing list Facebook Twitter Linkedin
©2023 BankTrack
BankTrack is a registered charity in the Netherlands (ANBI) - RSIN 813874658
Find our privacy policy here

Stay up to date

Sign up now for all BankTrack's news


Make a comment

Your comment will be reviewed, before being posted