Marketplace®
Every story is an economic story

Why the oil industry may be the most corrupt in the world

Two cases of illegal payments and bribery came to light recently. One is against the oil services company Halliburton in Angola. The other involves a mining subsidiary of Glencore doing business in the Democratic Republic of Congo. With government heavily involved and centralizing many so-called extractive industries, drilling and mining are more prone to corruption […]

Two cases of illegal payments and bribery came to light recently. One is against the oil services company Halliburton in Angola. The other involves a mining subsidiary of Glencore doing business in the Democratic Republic of Congo. With government heavily involved and centralizing many so-called extractive industries, drilling and mining are more prone to corruption than, say, farming. And the U.S., for one, is not increasing transparency requirements for oil and gas company operations doing business abroad under President Trump.

Click the audio player above to hear the full story.

Related Topics

Latest Episodes

View All Shows
  • Marketplace
    4 hours ago
    25:22
  • Marketplace Morning Report
    12 hours ago
    7:09
  • Million Bazillion
    17 hours ago
    30:57
  • Marketplace Tech
    17 hours ago
    12:45
  • This Is Uncomfortable
    6 days ago
    28:44
  • Make Me Smart
    4 months ago
    24:33