Financial Times: Responsibility for the disadvantaged lies with all of us
“Mr McCredie described the increasing manifestations of insecurity that Shell and other oil companies face around the world. Threats include attacks on oil facilities, corrupt officials, industrial espionage, kidnapping, piracy and the potential for large-scale political instability.”
10 October 2005
By Gordon Thompson
Published: October 10 2005
From Mr Gordon Thompson.
Sir, The FT reports (“Oil groups face rise in threats to security”, October 4) on remarks by Ian McCredie, head of Global Security Services at Shell International, at a conference on political risk.
Mr McCredie described the increasing manifestations of insecurity that Shell and other oil companies face around the world. Threats include attacks on oil facilities, corrupt officials, industrial espionage, kidnapping, piracy and the potential for large-scale political instability. Many of these threats derive from weak governance, but that in turn reflects deeper problems that many societies experience in meeting the demands of the modern era.