The Human Rights dimensions of International Petroleum Transactions Article

The Human Rights dimensions of International Petroleum Transactions - Article Example t importantly, the other day companies operating in countries with unpleasant governments had to face tough time because of non-governmental organizations that endanger their most inestimable assets, their good reputation1. The ignorance of human rights’ responsibilities by the multinational companies around the globe in general and the multinational companies specifically operating in unattractive areas are vulnerable to the print and electronic media and nongovernmental organizations. If we study the latest Human Rights Report, it is clear that it indicates the positive role of MNCs in reducing the human rights violations to some extent. However, it was felt that more effort needs to be made to satisfy the cited Medias (print and electronic media) and the NGOs2. Now the international companies realized that business and protection of human beings is necessary to create conducive environment to carry on their businesses. The following publications may provide the readers an insight of corporate responsibilities of International Companies towards protection of human rights in their area of operations: a) Corporations and Human Rights, b) Crackdown in the Niger Delta, c) Human Rights Violations In Nigerias Oil Producing Region, d) The Price Of Oil: Corporate Responsibility and Human Rights Violations in Nigerias Oil Producing Communities and e) The Enron Corporation: Corporate Complicity in Human Rights Violations3. The year 1994 is remembered for a longer period in the history of oil and gas in view of the execution of KEN Saro Wiwa and other human rights’ activists by the Nigerian regime. Soon after the said incident, Shell came under immense pressure and scrutiny of international human rights’ groups and the press. Initially the top notch of Shell denied their hands in executing mentioned human rights activists. Later on, it compelled Shell responsible officials to sit with the Human Rights Groups of United Kingdom to revisit their inhuman rights