FEB 2015: Church of Engeland Joins Virunga Communities and asks Independent Inquiry of Soco’s operations

Move follows film backed by Leonardo DiCaprio and pleas by local NGOs, environmentalists, transparency campaigners and members of the UK Parliament to protect Congo’s Virunga park. The church – led by archbishop of Canterbury, Justin Welby, a former oil executive – has said that it may sell its near £3m stake in Soco International unless… Read More

July 8, 2013: Norway’s Pension Fund divests from UK Oil Company SOCO International Plc

Norway’s Pension Fund divests their investments of over $ 33 million from UK oil company SOCO International Plc. The Norwegian oil fund, which has been the fourth largest institutional investor in the company, is sending with this a powerful signal to Soco International and its remaining shareholders. . There are too many concerns with oil… Read More