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BP and Shell: Rising Risks in Tar Sands Investment

BP and Shell: Rising Risks in Tar Sands Investment

This report details the range of existing and emerging risks that BP and Shell face from their expansion of production in the Canadian Tar Sands. We believe these risks are significant for BP and Shell shareholders and that investors should question the companies more deeply on their tar sands strategies, and call for greater transparency...

Life in the Landscape of Hydrocarbons – Exit Strategy III

By James Marriott – This article was first published in Platform’s Carbon Web newsletter, issue 10. How was it that the marshes of Hoo St Werburgh – so good for grazing cattle and sheep, so rich in birdlife – were turned into a site for Kingsnorth Power Station – with its chimneys and access roads,...

Preventing an industrial tipping point

This article was first published in Platform’s Carbon Web newsletter, issue 10. BP, Shell & the Canadian tar sands Under the pristine boreal forest in Northern Alberta lie the Canadian tar sands, a vast carbon time bomb that if ignited will dramatically increase the chance of passing a climate change tipping point. While a rational...

Iraq oil on the block

The real significance of the Oil Ministry’s bid round July 2008 Published on niqash.org Also available in Arabic Last week saw the biggest step so far towards transferring Iraqi oil into the hands of foreign multinational companies, sparking renewed accusations that the US-UK war on Iraq was really motivated by an oil grab. The Oil Ministry announced on 30...

Oil sell-off by stealth

Iraq’s oil service contracts are more than they seem 26 June 2008 By Greg Muttitt, Co-Director of PLATFORM Published on niqash.org Also available in Arabic and Kurdish Next Monday, the Iraqi federal government is set to sign oil development contracts with BP, Shell, ExxonMobil and Total – their first since their 1925 concession was cancelled in the early 1970s....

Hands Off Iraqi Oil day of action across Britain

Campaigners across Britain took action today against the rip-off of Iraq’s oil wealth by powerful oil corporations. Protests took place at BP and Shell garages in 25 cities, plus a ‘Pirate Tour’ in London, visiting the main players in the Iraq oil privatisation push. There were also 4 protests in the USA, and one in...

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...

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...

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...

George’s oil Dubya-speak

As decision-time approaches, the USA pulls levers on Iraqi oil policy – This report was first published in Platform’s carbon web newsletter, issue 5. “The oil belongs to the Iraqi people. It’s their asset,” declared George W. Bush in a press conference on the White House lawn in June. He had just returned from his...

The Demise of Teflon John

As speculation intensifies about who will lead BP after boss John Browne’s retirement in two years time (see notes from Gog and Magog), with it comes the question of Browne’s legacy in the company – This article was first published in Platform’s Carbon Web Newsletter, Issue 5. Browne’s leadership has been defined by his branding...

Alcatraz on the Gulf

BP exploits migrant workers in the Emirates, by Mafiwasta – This article was first published in Platform’s Carbon Web Newsletter Issue 5. In the United Arab Emirates, unrestrained capitalism operates without the tiresome inconveniences of democratic institutions and media intrusion. Not surprisingly the world’s multinationals have flocked to its shores, lured by low set-up costs, tax-breaks and...