BP plans to invest $1.5 billion this year to increase its production of natural gas in Egypt, hit by an energy crisis following three years of political turmoil, the state news agency MENA said on Sunday.
As crude poured into the Gulf of Mexico and the world economy struggled to recover from the financial crisis, corporate social responsibility might seem a perverse target.
American exceptionalism, when it runs rampant, is a tsunami to be avoided. The oil company BP is discovering that right now. The environmental disaster destroying seaside communities around the Gulf of Mexico and killing off marine life is a globally important tragedy. BP has to take its sizeable share of the blame. So, presumably, should the American companies like Transocean and Halliburton, which were part of this doomed enterprise. But their nationality seems to have let them off the hook.
While attending a Wilton Park (UK) conference on the future of public diplomacy, I was pleased to see this facet of foreign policy gaining traction. About 50 diplomats and a handful of academics took part in discussions ranging from the military use of soft power to the roles of religion and sports in public diplomacy.