Case Study: Repsol Shows the Way To Conserve Ecuador's Amazon

摘要

The "social license to operate" (SLO) is a term growing in importance in the upstream industry. It refers to the level of acceptance or approval by local communities and stakeholders of oil and gas companies and their operations. Evolving from the broader and more established notion of corporate social responsibility, the concept is based on the idea that companies need not only government permission (or permits), but also the "social permission" to conduct their business. While public support of exploration and production operations has always been critical to success, the United States shale boom brought the issue to the forefront.