OIL. House GOP votes unanimously to protect big oil subsidies. Koch Industries. BP Oil Disaster. Robert L. Cavnar: BP Wins: EPA Will Agree to Cut Oil Spill Estimate. WikiLeaks Big Oil spills: BP covers up blowout, blackmails Azerbaijan - National Geopolitics. The latest WikiLeaks US embassy cables reveal that BP suffered a little-reported gas leak in Azerbaijan 18 months before a similar mishap led to the Gulf of Mexico disaster.
According to The Guardian other cables allege the president of Azerbaijan accused BP of using "mild blackmail" to secure the rights to develop reserves in the Caspian Sea while accusing BP of stealing $10 billion of oil from his country. Gas Leak Cover-up. Sen. Bernie Sanders Leaks Oil Trading Data: Americans Have A Right To Know Who Drove Up Gas Prices. Nine of the 10 loudest climate-denying scientists tied to Exxon. Shell admits liability for huge Nigeria oil spill - World news - Africa.
LAGOS, Nigeria — Shell and Nigeria's government contributed to 50 years of pollution in a region of the Niger Delta that could need the world's largest ever oil cleanup, the United Nations said in a report Thursday, adding that the work would take up to 30 years and require an initial tab estimated at $1 billion.
The report came after Shell agreed not to oppose a move by one delta community to have their pollution claims heard by a British court, potentially opening itself up to bigger financial damages. Daniel Leader, a lawyer for the Bodo people, told msnbc.com that the case was the first of its kind because it would be heard in Britain, where payouts can be higher and cases tend to get wider media coverage. Oil wealth 'must be shared' with citizens says Soros. 4 March 2011Last updated at 00:02 George Soros: Middle East turmoil caused by 'revulsion against the corruption' Citizens of oil producing nations must see more benefit from their country's national resources, billionaire investor George Soros has told the BBC.
Revolts in Libya were partly the result of "revulsion against a corruption" fed by the misuse of oil money, he added. More "transparency and accountability" was needed from other producers such as Russia and Saudi Arabia he said. Exxon Profit Surges as Consumers and Lawmakers Fume Over Gasoline Prices. Exxon Mobil Corp.
(XOM), the world’s largest company by market value, posted its largest profit in almost three years as soaring gasoline prices fueled discontent among consumers and policymakers. With U.S. motorists paying the most for gasoline since prices reached a record $4.11 a gallon in the summer of 2008, Exxon said today that its first-quarter net income jumped 69 percent to $10.7 billion. The Irving, Texas-based company is sitting on a cash pile of $13.2 billion, even after distributing more than $7 billion to shareholders in buybacks and dividends. President Barack Obama has called for an end to decades-old tax breaks for domestic oil and natural-gas drilling, and urged Saudi Arabia, the world’s largest crude exporter, to help rein in surging world crude prices by boosting output.
Exxon said inflicting higher taxes would drain funds the company needs to find new oil and gas fields. The war in Libya and the new scramble for Africa. 29 March 2011 Today’s international conference on Libya in London will be dutifully reported in the media as a gathering of concerned parties determined to honour their pledge to safeguard civilians from reprisals by Colonel Muammar Gaddafi’s regime.
In reality, state dignitaries from 40 countries—including US Secretary of State Hillary Clinton, NATO Secretary-General Anders Fogh Rasmussen, United Nations Secretary-General Ban Ki-moon and African Union Chairman Jean Ping—have gathered like vultures to either take part in or provide political cover for those picking over the spoils of a post-Gaddafi carve-up of Libya and Libyan oil reserves, the largest in Africa and the ninth largest in the world. Dirty Money. SOURCE: AP/Alex Brandon Oil from the Deepwater Horizon spill makes a pattern in the waters of Chandeleur Sound, LA, on May 6, 2010. BP is spending $5 million a week on advertising to restore its image after its oil disaster. Meanwhile, Big Oil and its allies have spent more than $126 million on television ads this year to promote the expansion of offshore oil drilling and defeat efforts to eliminate their tax loopholes. By Daniel J.
Weiss , Rebecca Lefton , and Susan Lyon | September 27, 2010 See full data on how much energy companies and trade associations spent on oil lobbying for 2009-2010 (.xls) There will be many bad memories from the summer of 2010. But as the case for action grew more urgent Big Oil, Dirty Coal, and other energy companies redoubled their efforts to block congressional adoption of global warming pollution reductions. News and views on emerging markets from the Financial Times. Gas Dirtier Than Coal By Dr Gideon Polya. Gas Dirtier Than Coal By Dr Gideon Polya 20 March, 2011Countercurrents.org The current global Gas Boom, Gas Rush and Gasland perversion is enabled by corporate greed, lobbying and the lie that “gas is clean”.
Methane (CH4) is a major greenhouse gas (GHG) that on a 100 year time scale has a relative global warming potential (GWP) that is 25 times that of carbon dioxide (CO2). GENOCIDE IN LIBYA? NATO INVASION UNDER WAY? ITS THE OIL, STUPID. - Conscious Being Alliance. Libya is a country of approximately six million people, having a huge geographical area but low population density.
Claims that Gaddafi has uplifted his people over the course of his 40- year dictatorship are questionable. Supporters claim that poverty is low and enemies claim that poverty is high throughout the country. However, in Tripoli in September 2009 there were the obvious signs of capitalism: overcrowding, traffic, poverty, pollution and destruction of nature. There was also an element of fear visible in people's faces. It is completely hypocritical of citizens of the United States to speak of the outrage of 'poverty' abroad when that poverty is so often the result of US militarization, unjust trade, and plundering entities like the World Bank and International Monetary Fund.
Maxum. (119) Oil Exploration: What are the top five facts everyone should know about oil exploration. Chevron fined $8.6bn for pollution - Americas. A court in Ecuador has told oil giant Chevron Corp to pay $8.6bn in environmental damages, but the US company has termed the court order as "illegitimate and unenforceable" and said it would appeal.
An Ecuadorean judge ruled on Monday that Chevron was responsible for oil drilling contamination and also asked it to pay a legally mandated 10 per cent reparations fee. The amount - $8.6bn plus the legally mandated 10 per cent reparations fee - is far below the $27.3bn award recommended by a court-appointed expert, but appeared to be the highest damage award ever issued in an environmental lawsuit. "We plan to appeal that and every other aspect of this illegitimate verdict and see to it that the perpetrators of this fraud are brought to justice," James Craig, a Chevron spokesman, told the Reuters news agency.
In case Chevron appeals, the lawsuit, which dates from drilling in the Andean nation during the 1970s and 1980s, could drag on.