Well Oiled - Oil and Human Rights in Equatorial Guinea



Author:
Human Rights Watch
Publisher:
Human Rights Watch
Publication Date:
9 July 2009
Tags:
Petroleum, Equatorial Guinea, Economy, Business and Finance, Corruption, Environment

As one of the world’s newest oil hotspots, Equatorial Guinea garners global attention as a valuable source of natural resources. Its government, however, is setting new low standards of political and economic malfeasance: billions of dollars in oil revenue have not translated into widespread economic benefits for the population or dramatic improvements in human rights, making Equatorial Guinea a classic example of an autocratic and opaque oil-rich state.