Chevron, once part of the Standard Oil empire, has grown over the past quarter century into the world’s fourth largest petroleum company, thanks to a series of ambitious acquisitions: Gulf Oil in 1984, Texaco in 2001 and Unocal in 2005. The purchase of Texaco brought with it a massive environmental lawsuit that has dragged on for more than a decade. This is only one of a host of controversies surrounding Chevron’s environmental and human rights record around the world.
Established in Denmark in 1904, A.P. Moller-Maersk Group, more commonly known as Maersk, is one of the biggest corporate conglomerates in the world with business activities in different sectors. Seaborne transportation and shipping logistics are the main business of the group as the largest ship operator and supply vessel operator in the world. The shipping units maintain a fleet of more than 550 container ships. The company also does offshore drilling and transportationg for gas and oil, primarily in the North Sea.