Peru: ConocoPhillips Withdraws From Controversial Oil Block 39 In Peru

Peru: ConocoPhillips Withdraws From Controversial Oil Block 39 In Peru   Amazon Watch hails decision for isolated peoples' rights at Annual General Meeting   ConocoPhillips CEO James Mulva announced today at its Annual General Meeting of shareholders that the company has withdrawn from its controversial co-venture with Repsol-YPF in Oil Block 39 of the remote northern Peruvian Amazon. Oil drilling in Block 39 and neighboring Block 67 has come under fire from human rights groups due to the...

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