How oil contracts affect human rights
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Abstract
Since the beginning of the 19th century, we have assisted major proliferation of the oil and gas industry. This
phenomenon of exponential growth is due to the fact that oil companies hold the world’s oil monopoly on the
extraction, processing and commercialization. Therefore, as being one of the most influential sectors in the
world, is crucial to strictly regulate how oil and gas contracts concerns the potential environmental and social
impacts arising from the conduct of petroleum operations and how such behavior affects the human rights. As
a matter of fact, the social issues field is an emerging area, and despite such importance, oil contracts do not
often deal with them in great detail, corresponding to an actual emptiness of the human rights provisions. In
terms of responsibly, oil companies, have an inalienable obligation to ensure that their actions do not violate
human rights or contribute for their violation. This study aims to trace a detailed analysis of the impact of the oil
and gas agreements in human rights. In order to fully comprehend the deep effects of this industry, we will
examine, in detail, numerous of published oil and gas agreements, as well as, decode which are the real
standards and practices accepted by this industry. We will use a deductive and speculative reasoning. We will
try to demonstrate how incipient and short protection is given to human rights and what responsible conducts
must urgently be developed.