Global Witness’ Drillers in the Mist: Revelations on EU investors’ role in Virunga

Drillers in the Mist: how secret payments and a climate of violence helped SOCO International open Africa’s oldest national park to oil. This emblematic case highlights how secret payments and a climate of violence in Eastern DRC helped SOCO International open Virunga National park, a UNESCO World heritage site, to oil exploration with financial support… Read More

SOCO’s Interim Results 2014: Virunga Risky Business

On the 28th of August, oil company SOCO International Plc published its interim results for the half-year to 30th of June 2014. From this report it is clear that the focus of the company has been to continue delivering steady progress and growth, keeping revenue and cash flow strong and shareholders happy with a possible 22… Read More

Cautions SOCO investors over Virunga exploration

WWF today has issued a warning to SOCO International investors, many of whom are based in the UK, that the company’s exploration plans in Virunga National Park could have catastrophic impacts on local livelihoods and the environment. The FTSE 250-listed oil exploration giant will hold its Annual General Meeting tomorrow in London. SOCO has recently… Read More