Oil and Gas

Multipolar Economic Order

January 22, 2023 Ben Norton, Geopolitical Economy Report. Educate! BRICS, Global Economy, Oil and Gas, Saudi Arabia

The international economic system had been dominated for decades by the United States, but this financial architecture is rapidly fracturing with the creation of new institutions in the Global South. The BRICS bloc of Brazil, Russia, India, China, and South Africa is working “to develop a fairer system of monetary exchange”, to challenge the “dominance of the dollar”, South Africa’s foreign minister has revealed. Saudi Arabia publicly confirmed that it is considering selling its oil in other currencies. China’s President Xi Jinping said Beijing will buy energy from the Persian Gulf states in its own currency, the renminbi. Prominent economist Zoltan Pozsar, of the Swiss investment bank Credit Suisse, has observed that the “unipolar era” of US hegemony is quickly being replaced with a new “multipolar” order of “one world, two systems”.

Hezbollah Claims The US Is Preventing Iranian Oil Supply To Lebanon

January 19, 2023 People's Dispatch. Educate! Hezbollah, Iran, Lebanon, Oil and Gas, US Imperialism, US Sanctions

The US is preventing Iranian energy projects from supplying oil to Lebanon, claimed Sayyed Hassan Nasrallah, chief of Hezbollah, in a televised speech on Tuesday, January 17. This oil, he said, could have provided relief to millions of Lebanese suffering from lack of electricity and fuel. Speaking at the award ceremony of the Soleimani International Prize for Resistance Literature, Nasrallah noted that all of Lebanon is suffering from the energy crisis, “whose repercussions are affecting the economy and the people’s daily lives,” Al-Mayadeen reported. Nasrallah claimed that Hezbollah had initiated talks with Iran to get oil, as per decisions made by the government. Iran had agreed to provide oil to Lebanon, and while the “Iranian offer is still on the table,” the US is “preventing the offer from being carried out,” he said. Lebanon has been unable to import enough oil and gas as it faces an unprecedented economic crisis since 2019.

A Window Into Louisiana’s Continued Embrace Of The Fossil Fuel Industry

December 28, 2022 Julie Dermansky, DeSmog. Strategize! climate crisis, Fossil Fuels, Louisiana, Oil and Gas

Louisiana - I live in South Louisiana on the front lines of the climate crisis and cover the fossil fuel industry and impacts related to the warming planet, so facing gaslighting is a regular occurrence for me. So it resonated with me that Merriam-Webster dictionary chose “gaslighting” as the word of the year. This year saw a 1,740 percent increase in lookups for gaslighting, according to a post by the dictionary company, which defines gaslighting as “the act or practice of grossly misleading someone especially for one’s own advantage.” I would add to that, that gaslighting is a driver of disorientation and mistrust, and a common practice used by the fossil fuel industry — one that DeSmog is committed to countering by drawing connections to those funding misinformation.

House Committee Wraps Up Historic Investigation Into Oil Industry

December 19, 2022 Nick Cunningham, DeSmog. Educate! Big Oil, Congress, Energy, Oil and Gas

Congressional investigators released a new set of documents that underscored the oil and gas industry’s ongoing attempts to block climate policies and confuse the public about their long-term investments in fossil fuels. The latest tranche of documents caps off a nearly two-year investigation that appears set to come to an end with Republicans taking control of the House of Representatives in January. On December 9, the U.S. House Oversight and Reform Committee published its latest set of documents as part of its ongoing investigation into the oil industry’s history of climate denial and obfuscation. The documents offer more evidence showing that the industry’s “greenwashing” continues up to the present day.

Oil Companies Have Plundered Louisiana’s Coast

December 11, 2022 Courtney Naquin, In These Times. Strategize! Environment, Louisiana, Oil and Gas, Reparations

Louisiana - In a rare victory, Louisiana recently reached a $100 million settlement with the mining giant Freeport-McMoRan Inc., for contributing to the erosion rapidly devouring the state’s coast. And this is just the beginning. Recently, a federal court ordered a nine-year-old lawsuit to return to state court. The suit was filed against Chevron USA, Exxon Mobil Corp., ConocoPhillips Co. and BP America. Over 40 similar legal challenges may follow against the oil and gas companies that have caused, and are causing, Louisiana’s wetlands to disappear at an alarming rate. These lawsuits could win billions of dollars in damages. The call for accountability against oil and gas companies is critical, but the dominant narrative misses an essential component: There’s no mention of financial reparations for Indigenous and historically Black communities in southern Louisiana who suffer the most loss and damages due to land loss and climate change and who are being actively displaced.

The Secret Reason The US Is Still In Syria

December 4, 2022 Lee Camp, Mintpress News. Resistance Report Oil and Gas, Syria, US Imperialism, Wars and Militarism

Syria has drifted from the headlines, but the U.S. is still stealing their oil, occupying large swaths of their land, and economically obliterating them. This month, UN special rapporteur Alena Douhan came back from Syria and demanded an end to all sanctions imposed by US and its allies. In her statement, Douhan said, “The economy is hostage to a protracted economic crisis with growing inflation and frequent devaluation of the national currency” – Basically, most Syrians can do nothing but hope to survive. These are not fighters, these are not terrorists hurling grenades at Americans. These are completely regular people who spend every day trying not to die from American sanctions.

How The US And Saudi Crashed Crude Prices To Hurt Russia, Iran, Venezuela

November 27, 2022 Ben Norton, Multipolarista. Resistance Report Iran, Oil and Gas, Russia, Saudi Arabia, US Imperialism, Venezuela

In a 2014 “oil war,” the US pressured Saudi Arabia to overproduce crude and intentionally crash prices on the global market, in order to hurt the export-reliant economies of Russia, Iran, and Venezuela. The United States and Saudi Arabia waged a very important yet little-known “oil war” in 2014, which had huge geopolitical and economic consequences for the world. Washington pressured Riyadh to significantly overproduce crude and intentionally crash prices on the global market, in order to hurt the export-reliant economies of Russia, Iran, and Venezuela. Multipolarista host Ben Norton analyzed this crucial historical episode in the video above.

Professor Resigns Over Partnership With Oil And Gas

November 1, 2022 Stella Levantesi, DeSmog. Resist! Higher Education, Italy, Oil and Gas, Workers Rights and Jobs

An Italian social scientist and professor, Marco Grasso, has resigned from his post as director of a research unit at Università degli Studi Milano-Bicocca (UNIMIB) in Milan, Italy, over the academic institution’s partnership with oil and gas major Eni, DeSmog can exclusively report. In February this year, UNIMIB and Eni signed a five-year “Joint Research Agreement,” (JRA) in which the university and the fossil fuel company pledged to collaborate on “research projects of common interest” related to the energy transition, according to an Eni press release. In a video promoting the partnership, the company’s CEO Claudio DeScalzi said it would be “crucial for the [energy] transition but also the transformation of Eni.”

Day 25: Just Stop Oil Sprays Fossil Fuel Lobby HQ With Orange Paint

October 25, 2022 Just Stop Oil. Resist! climate crisis, Direct Action, Oil and Gas, United Kingdom (UK)

Just Stop Oil supporters have blocked Horseferry Road and sprayed paint on 55 Tufton Street, the headquarters of the Global Warming Policy Foundation and other fossil fuel lobby groups. They are demanding that the government halts all new oil and gas licences and consents. [1] At 11:00am today, 6 Just Stop Oil supporters walked onto Horseferry Road at the junction with Tufton Street and disrupted traffic by sitting in the road with banners. Some supporters glued onto the tarmac, while others locked themselves together. Two supporters have sprayed paint on the outside of 55 Tufton Street. [2] A spokesperson for Just Stop Oil said: “We’re on the streets of London because politics is broken. It was broken here in Tufton Street by shady, opaquely funded lobbyists who now stalk the corridors of power, thanks to Liz Truss.

French Workers Resist Increasing Exploitation

October 22, 2022 G. Dunkel , Workers World. Resist! France, Mass Action, Oil and Gas, Worker Rights and Jobs

The pay of oil company executives has jumped 52%, but the bosses bitterly resist raising production worker salaries by 10%. While many European countries have had strikes and protests, France is where hundreds of thousands of workers have taken to the streets. The oil refinery strikes began Sept. 27 and are now in their third week. The strikes have closed about a third of all French gas stations, when these ran out of fuel, and created hours-long waits at the open ones. Workers in at least one refinery have been “requisitioned” — legally forced by the government to go back to work — but gasoline and diesel are still scarce. Workers at the largest nuclear power plant in France have reduced their output by a third in solidarity with the refinery workers.

New Jersey Sues Oil Companies For Decades Of ‘Public Deception’ On Climate Change

October 20, 2022 Nick Cunningham, DeSmog. Resist! climate crisis, Environment, Legal System, Oil and Gas, Shell Oil

The state of New Jersey filed a lawsuit on Tuesday against five oil companies and the oil industry’s most powerful lobbying group for covering up and misleading the public about climate change, the latest round of state and municipal-led climate litigation seeking accountability from the oil industry. The lawsuit, filed in the New Jersey Superior Court, states that the companies knew about climate change for decades and actively sought to conceal that information from the public. Instead, they funded PR campaigns aimed at confusing and misleading the public. The oil companies “concealed and misrepresented the dangers of fossil fuels; disseminated false and misleading information about the existence, causes, and effects of climate change; and aggressively promoted the ever-increasing use of their products at ever-greater volumes,” the complaint states.

Just Stop Oil Defies Home Secretary, Blocks Lane And Paints Car Showroom

October 16, 2022 Just Stop Oil. Resist! climate crisis, Direct Action, London, Oil and Gas

Everyday outside Downing St at 11am, Just Stop Oil has been welcoming new supporters and communicating the demand to Stop New Oil and Gas Today’s actions follow over two weeks of continuous disruption by supporters of Just Stop Oil in which they have experienced over 440 arrests. On Saturday, there were 27 arrests of Just Stop Oil supporters, who blocked roads at Shoreditch High Street. Since the campaign began on April 1st, Just Stop Oil supporters have been arrested over 1,700 times, with 5 currently in prison. [2] This is not a one day event, expect us every day and anywhere. This is an act of resistance against a criminal government and their genocidal death project. Our supporters will be returning – today, tomorrow and the next day – and the next day after that – and every day until our demand is met: no new oil and gas in the UK.

Climate Protestors Throw Tomato Soup On Iconic Van Gogh Painting

October 15, 2022 Olivia Rosane, EcoWatch. Resist! Art, climate crisis, Oil and Gas, United Kingdom (UK)

In perhaps their most controversial protest yet, two Just Stop Oil activists poured tomato soup on Vincent van Gogh’s famous “Sunflowers” painting in London’s National Gallery. The gallery said the painting itself was not damaged because the canvass was protected by glass. The action comes as Just Stop Oil has been protesting in London for two weeks with a demand that the UK government stop all new oil and gas exploration. “What is worth more, art or life?” 21-year-old demonstrator Phoebe Plummer said as she glued her hand to the wall below the painting. “Is it worth more than food? More than justice? Are you more concerned about the protection of a painting or the protection of our planet and people?”

Just Stop Oil Supporters Block London Roundabout On 13th Day Of Disruption

October 14, 2022 Just Stop Oil. Resist! Blockade, climate crisis, London, Oil and Gas

Supporters of Just Stop Oil have blocked a key south London roundabout today on the thirteenth day of action during October. They are demanding that the government halts all new oil and gas licences and consents. At 9am, 26 Just Stop Oil supporters established a series of roadblock on the roads adjoining St. George’s Circus in Southwark. They are sitting in the road with banners and some have glued themselves to the tarmac. Today’s actions follow twelve days of continuous disruption by supporters of Just Stop Oil in which they have experienced over 337 arrests. On Wednesday, there were 2 arrests of Just Stop Oil supporters, and 25 people from Insulate Britain were arrested. The group, which is part of the Just Stop Oil coalition, returned to the road after an absence of 13 months and established a roadblock on Parliament Square. Since the campaign began on April 1st, Just Stop Oil supporters have been arrested over 1,600 times.

Who Sabotaged Nord Stream Pipelines?

October 7, 2022 Ben Norton, Multipolarista. Resistance Report NATO, Nord Stream Pipelines, Oil and Gas, Russia

A pair of natural gas pipelines, Nord Stream 1 and Nord Stream 2, which were built to transport natural gas underwater through the Baltic Sea from Russia to Germany, were sabotaged in a series of explosions on September 26. These suspicious attacks came mere hours before NATO members Norway, Denmark, and Poland officially opened their own natural gas pipeline, called the Baltic Pipe, which was built with European Union funding in order to compete with Nord Stream. The Nord Stream pipelines are operated by company that is majority owned by Russia’s state gas giant Gazprom. Authorities in Norway and Denmark have blocked that company from inspecting the damage done to its own pipelines. That is to say, NATO member states have prevented the Switzerland-based company Nord Stream AG from conducting an investigation into the attacks on its property.

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