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The slow dismantling the house of oil – The Gulbenkian Foundation divests
Quite unexpected comes remarkable news! Lucy Neal, a long-term part of the Platform family, e-mails out of the blue, forwarding an article from the Algarve Daily News, published on 1st February in southern Portugal. The headline reads: ‘Gulbenkian Foundation gets out of the oil business’ That truly is unexpected. Lucy had not foreseen this coming…
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Drilling the pre-salt – is Brazil still a “land of opportunity” for BP and Shell?
We are just days away from the fourth anniversary of BP’s announcement in 2010 that it was boldly going into the Brazilian offshore oil province, known in the industry as the ‘pre-salt’. Tony Hayward, BP CEO at the time proclaimed: “This strategic opportunity fits well with BP’s operating strengths and key interests around the world,…
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Shell Security Spending Data Mapped on Guardian Data Blog
Platform and the Guardian Data Blog have mapped Shell’s global security spending for 2008. The graphic is based on leaked internal financial data. You can find Platform’s full briefing on this issue here.
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Chevron oil rig explodes off coast of Nigeria; 2 killed
On Monday 16 January at 4.30 to 5am, Chevron's KS Endeavour drilling rig burst into flames, approximately 6 miles off the coast of Nigeria. Two workers are reported missing. The gas rig is still said to be burning for the second day running and is reported to have partially collapsed into the ocean. The cause is…
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Shell’s Big Dirty Secret – insight into the world’s most carbon intensive oil company and the legacy of CEO Jeroen van der Veer
This report rates the carbon intensivity of the top international oil companies, revealing that Shell is the most carbon intensive oil company in the world based on its total resources. Research for the report was conducted by Platform, Greenpeace UK, Oil Change International and Friends of the Earth. Download the report (pdf) or read online below.…
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Oil-rich South America forces US free trade agenda on the back foot
In a sign of increasing resistance to US hegemony in South America, both Bolivia and Ecuador have moved towards nationalisation of their oil industries – This article was first published in Platform’s Carbon Web Newsletter, Issue 5. Bolivian President Evo Morales in May issued an ultimatum to foreign oil companies to negotiate new contracts or leave…