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Hellfire Economics: Multinational companies and the contract dispute over Kashagan, the world’s largest undeveloped oilfield
Kazakhstan is set to lose up to $20 billion in the next 10 years, due to an unfair contract to extract the world’s largest undeveloped oilfield. These are the findings of a report released today by development and environment organisations, as a dispute between the Kazakhstan government and oil companies failed today to reach its…
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The white man’s burden and ‘oil for peace’ in Iraq
Take up the White Man’s burden The savage wars of peace Fill full the mouth of Famine and bid the sickness cease. Rudyard Kipling, 1899. – This report was first published in Platform’s Carbon Web newsletter, issue 8. Pressure for Iraq’s controversial oil law intensified throughout the summer, with increasingly overt threats to topple the…
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Exit Strategy – BP and the Refuelling of Heathrow
This report was first published in Platform’s Carbon Web newsletter, issue 8. A climate change delivery system Imagine a 747 departing from Heathrow. Don’t look at the body of the plane, but at the fuel tanks. In the first 600 seconds after take-off the engines consume 200 gallons of Jet A high-octane fuel. The Jet…
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Yasuni – Our Future in Their Hands?
This report was first published in Platform’s Carbon Web newsletter, issue 8. Ecuador proposes to claim compensation in exchange for leaving crude oil in the ground. Esperanza Martinez examines what this means for resource sovereignty. Oil, for countries that possess it, is often centre stage when it comes to issues of sovereignty. Invasions have been…
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The white man’s burden and ‘oil for peace’ in Iraq
Take up the White Man’s burden The savage wars of peace Fill full the mouth of Famine and bid the sickness cease. Rudyard Kipling, 1899 Pressure for Iraq’s controversial oil law intensified throughout the summer, with increasingly overt threats to topple the Iraqi government if it failed to deliver an oil law and other US…
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A game as old as empire
Economic hit men (EHMs) are highly paid professionals who cheat countries around the globe out of trillions of dollars. They funnel money from the World Bank, the US Agency for International Development (USAID) and other foreign “aid” organizations into the coffers of huge corporations and the pockets of a few wealthy families who control the…
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Iraq oil law in the balance
This article is from the Carbon Web Newsletter Issue 7, 30 May 2007 As Carbon Web goes to press, the Iraqi government’s end-of-May deadline for parliament to pass the controversial oil law is just days away. Like the US government’s 2006 deadline, this one looks set to be missed – again due to arguments over…
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A change of culture at BP
As Tony Hayward stepped up to become Chief Executive of BP, media attention focused on Browne’s dramatic departure. But what does the Hayward era promise? – This article was first published in platform’s Carbon Web Newsletter, Issue 7. Hayward, like Browne, is a driller. With a PhD in geology, he spent 22 years in BP…
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The oil and gas bank
A recent report from PLATFORM uncovers the climate impacts of the Royal Bank of Scotland’s identity as “The Oil & Gas Bank” – This feature article was first published in Platform’s Carbon Web Newsletter, Issue 7. The report ‘The Oil & Gas Bank – RBS & the Financing of Climate Change’ investigates RBS-NatWest’s role in fuelling climate change,…
