SanCorp

ZanCorp

File:SanCorp Headquarters.jpg SanCorp Headquarters
Type	Public
Industry	Energy: Oil and gas
Founded	1889 (1889)
Headquarters	Emerald, Pahl, Zamastan
Key people	Eston Danton (President & CEO) Darren Hunderson (Executive Chairman)
Operating income	Z$ 59.8 billion (2019)
Net income	+ Z$ 266.76 billion (2019)
Total assets	Z$ 322.529 billion (2019)
Total equity	Z$ 73.5 billion (2019)
Number of employees	78,000 (2019)

Sanoil Corporation, commonly shortened to SanCorp, is a Zamastanian multinational oil and gas corporation headquartered in Emerald, Pahl. SanCorp was formed in 1889 by merging Howard Webb's Plain Oil and retail brand Sana for fueling stations and downstream products today. The company is vertically integrated across the entire oil and gas industry, and within it is also a chemicals division which produces plastic, synthetic rubber, and other chemical products. One of the world's largest companies by revenue, SanCorp has one of the largest market capitalizations out of any company. SanCorp is the largest investor-owned oil company in the world and the largest of the Big Oil companies in both production and market value. With 21 oil refineries constituting a combined daily refining capacity of 4.9 million barrels (780,000 m3), SanCorp is the second largest oil refiner in the world, trailing only Yunopec.

SanCorp has been widely criticized, mostly for environmental incidents and its history of climate change denial against the scientific consensus that fossil fuels significantly contribute to global warming. The company is responsible for many oil spills, and has also been the target of accusations of human rights violations, excessive influence on Zamastan's foreign policy, and its impact on various societies across the world. A major player in the heavily regulated energy sector, the company engages in aggressive and sustained efforts of influencing the legislative process in Congressional Hall by financing various congressmen and Senators.

Controversies

Climate change controversies and denial

SanCorp's environmental record has faced much criticism for its stance and impact on global warming. In 2018, the Global Economy Research Institute ranked SanCorp tenth among Zamastanian corporations emitting airborne pollutants, thirteenth by emitting greenhouse gases, and sixteenth by emitting water pollutants. SanCorp had committed less than 1% of their profits towards researching alternative energy, which is less than other leading oil companies. The company's activities gained international notoriety from many incidents, most notably the 1990 Bannan oil spill in 1990. As of 2020, SanCorp has been responsible for more than 3,000 oil spills and leakages which resulted in a loss of more than one barrel of oil, with the most in a single year being 484 spills in 2011. Additionally, since 1965, SanCorp has released more than 40 billion tons of carbon dioxide pollution.

Between the 1980s and 2014, SanCorp was a notable denier of climate change, though the company officially changed its position in 2014 to acknowledge the existence of climate change. SanCorp's prolonged response incited the creation of the SanCorp Knew movement, which aims to hold the company accountable for various climate-related incidents. SanCorp's actives in central Alenchon, specifically its Carnrath Refinery, have given the area the nickname of Clogged Alley. The company's activities, along with other operations and refineries in the area, have been the source of increased cancer infections, lower air quality, and as seen by some, potential environmental racism committed by the company.