#oiligarchy — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #oiligarchy, aggregated by home.social.
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Boo hiss...
Controversial #JackdawGasField set to be approved in weeks, sources say
Simon Jack, 3 September 2026
"The #UK government is set to give the go-ahead for a controversial new #GasField off the coast of #Aberdeen, the BBC understands.
"Approval for the Jackdaw project could come in mid-September, just before #Parliament breaks for party conference season, according to government and industry sources.
"The gas field was approved by the former #ConservativeGovernment in 2022 but was delayed by a legal ruling from a #ScottishCourt, after #EnvironmentalGroups argued consent was given without fully considering the #ClimateImpact.
"Jackdaw's owner says it will account for 6% of UK gas output when at peak production but environmental groups say it will provide only 2% of UK use when imports are included.
"Campaigners launched legal challenges after Jackdaw was approved in 2022 and when the #RosebankOilField off #Shetland was given the green light in 2023.
"The Court of Session in Edinburgh ruled last year that #Rosebank and Jackdaw had been unlawfully approved because the government had failed to take into account the climate impact of burning extracted #OilAndGas from the sites.
"A judge ruled that more detailed climate assessments had to be published, and further estimates were put out for consultation in July.
"Both Jackdaw and Rosebank are operated by #Adura, a joint venture between energy giants #ShellOil and Norway's #Equinor. Aberdeen-based firm Ithaca also owns 20% of Rosebank.
"Adura has estimated that Jackdaw could produce 35.8m tonnes of carbon over its 11-year lifetime, the equivalent of 90% of Scotland's emissions for 2023. But it said a more likely estimate was about 23.6m tonnes - equivalent to 60% of the 2023 figure.
" #Environmentalists insist that more #drilling would be unconscionable, hampering efforts to cut planet-warming carbon emissions as deadly #heatwaves and #ExtremeWeather affect billions across the globe.
"They also say starting production would not protect energy security and that transitioning sooner to #GreenerTechnologies would be better for supporting jobs."
Read more:
https://www.bbc.com/news/articles/cj9xe09jz4eo#RenewablesNow #NoDrilling #NorthSea #ScottishCoast #UKNews #UKPol #Scotland #BigOilAndGas #ShellLies #Oiligarchy
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@justbob , I came across this and thought of you...
From 2016:#StandingRock Camp Battles Cyber Blockers, Improves Service
By #BrendaNorrell, #CensoredNews
Sat., Dec. 10, 2016UPDATES -- "Composting toilets save the day. Crews finished installing composting toilets, even some in heated tents, after the port-a-potties were yanked from Oceti Sakowin Camp. And work has been underway to fight back at the cyber blockers. Turns out they don't like being pinged to expose who they are, including cops who use stingrays to imitate cell towers to gain access to your cellphone. On Friday, five semi truckloads of supplies arrived, purchased from Amazon -- by good hearts around the world -- in response to the Last Real Indians wish list. Donors are also helping Last Real Indians purchase pickup trucks and vehicles for camp. The Dine' Camp at Oceti Sakowin is standing strong, with a new hogan. Across the river, Rosebud Camp and Sacred Stone Camp are resilient.
Standing Strong for Standing Rock."
https://bsnorrell.blogspot.com/2016/12/standing-rock-camp-battles-cyber.html
#StandWithStandingRock #NoDAPL #NeverForgetStandingRock #USGovt #USPol #ErikPrince #Blackwater #PrivateSecurity #BigOilAndGas #CorporateCriminals #Oiligarchy
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Cool cool cool. Doing a little napkin math here…
$34,000,000,000 /
$450,000,000 =We should break even in about 75.5555555 years!
[Edit: sorry, my bad. The $450M was for the quarter, which brings the break-even point down to just over 25 years]
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Documents shed light on the earliest-known instance of #ClimateScience funded by the #FossilFuel industry, adding to growing understanding of #BigOil ’s knowledge of #ClimateChange . Fossil fuel industry sponsored climate science in 1954.
February 1, 2024, Rebecca John
Excerpt: "Unknown until now, however, is the fact that Keeling’s earliest research into carbon dioxide across the western U.S. was funded in part by the fossil fuel industry via a private foundation — and that in 1954 this foundation was informed of the potential impact of manmade carbon dioxide emissions on both the climate and human civilization.
"Newly discovered documents affirm that the #automobile and #petroleum industries funded early climate science #Keeling conducted at the California Institute of Technology (Caltech) between 1954 and 1956. Records show that 'oil and auto companies' sponsored the scientist’s research via an organization called the Southern California Air Pollution Foundation, formed in 1953 to tackle Los Angeles’s infamous smog. American Motors, #Chrysler, #Ford, and #GeneralMotors were among 18 automotive companies that gave money to the foundation.
"A 1959 internal U.S. Public Health Service memo also identifies the #AmericanPetroleumInstitute ( #API ) and the #WesternOilAndGasAssociation — the oldest petroleum trade association in the U.S., which is now known as the #WesternStatesPetroleumAssociation — as 'major contributors to the funds of the Air Pollution Foundation.' Its Board of Trustees included top-level representatives from the Southern California Gas Company, the Southern California Edison Co., Chrysler, General Motors, and Union Oil (now #Chevron).
"And from mid-1955, these trustees were also appraised of research projects by a seven-man 'technical advisory committee,' which included a senior official from API as well as scientists from the Richfield Oil Corporation (now #BP ) and #Chrysler.
"With the discovery of these Air Pollution Foundation documents, it is now possible to date the earliest sponsorship of climate science by the fossil fuel industry to 1954, approximately a quarter of a century before Exxon’s internal research program of the late 1970s. These new documents provide important evidence that the fossil fuel industry has been intricately connected to climate science from its earliest beginnings — not only as a driver of the greenhouse effect behind climate change, but also as a contributor to the scientific discoveries that would transform our understanding of humanity’s relationship with the Earth and its atmosphere. "
#ExxonKnew #BigOilKnew #FossilFuels #ExxonLied #Oligarchy #Oiligarchy #ClimateDenial #BigOil #BigOilStillLies #ClimateDeception #ClimateCrisis
#Capitalism #Exxon #ClimateCrisis
#MakeCorporatePollutersPay #Glaciers
#GlobalWarming #FossilFools #BigOilAndGas -
From March 2026...
Could #Maine make polluters pay for the cost of #climateChange ? Lawmakers want to study it first.
The Legislature on Tuesday passed a measure to study how much greenhouse gas emissions are costing the state, with Republicans opposed.
by Rachel Ohm, March 31, 2026
"Maine lawmakers Tuesday took a possible step toward establishing a program to recoup money from large, corporate polluters to pay for the impacts of climate change.
"The House of Representatives passed a bill that would study how much greenhouse gas emissions have cost the state in a 75-72 vote that fell largely along party lines. Two Democrats, Tiffany Roberts of South Berwick and Holly Sargent of York, joined with Republicans in opposition.
"The Senate passed the bill 19-13 earlier in the week with Democrats in support and Republicans opposed.
"The bill, LD 1870, sponsored by Sen. Stacy Brenner, D-Scarborough, started out as a proposal for a so-called #ClimateSuperfund that would collect fees from groups that extract #FossilFuels and refine crude oil and whose activities are found to contribute to certain levels of greenhouse gas emissions. The money would be used to fund climate change adaptation projects.
The version that was voted on this week, however, was revised to a proposal for a study of the cost to the state of greenhouse gas emissions from 1995 to 2024. The information is set to be submitted to lawmakers in a report due by Jan. 1, 2028."Archived version:
https://archive.md/aVdC2#MainePol #USPol #ResistanceIsFertile #BigOilKnew #ClimateCrisis #MaineEvents #Oiligarchy #CorporateColonialism #Oligarchy #Polluters #MakePollutersPay #CorporatePolluters #WaterIsLife #MakeCorporatePollutersPay #KeepItInTheGround #FossilFools
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Archived link (does not have all the photos):
#MainePol #USPol #ResistanceIsFertile #BigOilKnew #ClimateCrisis
#MaineEvents #Oiligarchy #CorporateColonialism #Oligarchy #Polluters #MakePollutersPay #CorporatePolluters #WaterIsLife #BigOil -
There was some coverage of the #PortlandME No Immunity for #BigOil rally today. Hubby is sending me a gift article link later tonight, but here's a photo from today's march... You can see my sign in the far left corner.
#MainePol #USPol #ResistanceIsFertile #BigOilKnew #ClimateCrisis
#MaineEvents #Oiligarchy #CorporateColonialism #Oligarchy #Polluters #MakePollutersPay #CorporatePolluters #WaterIsLife -
The #PortlandME No Immunity for #BigOil rally was small, but powerful! We chanted and marched from #UselessSusanCollins office to #AngusKing 's office to #ChelliePingree 's office. Only Chellie committed to making Big Oil pay. I did NOT volunteer to go into Susan Collins' office, as I'm still on her shit-list. Met some good folks from #ThirdAct and #NRCM . It seems I was the only #MaineDSA member there, but that's okay -- a rally should have at least one card-carrying #Socialist! My hand-painted signs were a big hit. Someone asked if I hand painted #NoJobsOnADeadPlanet one. "Yup! No AI involved!" to which everyone laughed. I'm glad I went. I've been burnt out from protesting, so it was good to get my activist batteries recharged hanging out with good people!
#MainePol #USPol #ResistanceIsFertile #BigOilKnew #ClimateCrisis
#MaineEvents #Oiligarchy #CorporateColonialism #Oligarchy #Polluters #MakePollutersPay #CorporatePolluters #WaterIsLife -
"Long ago in the headlines
They noticed it too.
But too late for our loved ones
And nearly for you."#ClimateChange #ClimateCrisis #BigOilKnew #ExxonKnew #ExtremeHeat #Oiligarchy
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They can afford to pay for their own pipelines.
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The world inches toward catastrophic climate events: ‘Bigger shocks are on the way’
The risks have been known, and building, for over 150 years
By PETER PRENGAMAN
Updated 9:55 AM EDT, August 24, 2026NEW YORK (AP) — "In the opening scene of American writer #KimStanleyRobinson ’s 'The Ministry for the Future,' a #HeatWave combined with a breakdown of the electrical grid in India kills 20 million people. The devastation causes the world’s nations to unite to combat #ClimateChange .
"Scientists have long warned that the world will experience more intense #ExtremeWeather events like #heatwaves, #storms, #floods and #droughts. But what once seemed like the realm of fiction is now discussed as a possibility, even an inevitability.
"Warning about an 'extreme of extremes' or the 'Other Big One,' a play off the California reference of a big future earthquake, can be fraught. After all, nobody can say for sure when a weather catastrophe may happen. But in the last few years, the planetary ingredients needed for a massive disturbance have been building. And alarm is growing.
'The risk is that people just think you are exaggerating,' said #DanielSwain, a climate scientist with the California Institute for Water Resources. 'It’s the ‘Boy Who Cried Wolf’ problem. Sometimes wolves are real. If it’s outside the door, wouldn’t you want to know?' "https://apnews.com/article/climate-change-disaster-big-one-threat-5b062254250a759483c94376d32ae478
Archived version:
https://archive.ph/ahELv#Oiligarchy #BigOilAndGas #BigOilKnew #Polycrisis #HungerGames #Wildfires #ClimateCrisis #ClimateChange
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I found about this rally from the #MaineDSA mailing list! #DSA and #EnvironmentalGroups working together!!!
#PortlandME and #LewistonME - August 27, 2026
No Immunity for #BigOil Rallies!
"While making record profits, Big Oil and their allies in Congress are trying to get off the hook from paying for damages caused by their pollution by passing sweeping immunity legislation to protect their #corporate interests. Let's be clear: if you make a mess, you clean it up. #Maine taxpayers have been stuck paying for climate damages with no support from the corporations that caused the problem, and that isn't right.
"Join NRCM and our coalition partners on Thursday, August 27th in Portland and/or Lewiston to tell Maine's Congressional delegation to oppose Immunity for Big Oil and Make Polluters Pay for the damages they've caused in Maine.
Portland
When: 12 PM
Where: Lobsterman Park, 1 Temple Street
What: Rally followed by a march to deliver letters to the offices of Sen. Collins, Sen. King, and Rep. Pingree. Bring your signs, your voice, and your energy!
Lewiston
When: 4 PM
Where: Dufresne Plaza, 72 Lisbon Street, Lewiston
What: Rally followed by a march to deliver letters to Sen. Collins and Rep. Golden. Bring your signs, your voice, and your energy! "Coalition: #MaineDSA #NRCM #ThirdActMaine #MainePeoplesAlliance #MaineConservationVoters #UnionOfConcernedScientists #MCAN #ClimateDefenders #MaineYouthForClimateJustice #SierraClubMaine
#MainePol #USPol #ResistanceIsFertile #BigOilKnew #ClimateCrisis #MaineDSA #MaineEvents #Oiligarchy #CorporateColonialism #Oligarchy #Polluters #CorporatePolluters
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Peer-Reviewed Study Exposes How #BigTech and #BigOil Work ‘Hand-in-Glove’ to Profit Off #AI
“New research confirms: AI, on sum, is a loser for #GlobalClimate.”
by Jessica Corbett
Aug 11, 2026Excerpt: "Welcoming the study, Clara Vondrich, senior policy counsel for the Climate Program at the watchdog group #PubliCitizen, said that 'this research exposes #BigTech as a lead accomplice to the #FossilFuel industry in ways we never imagined. It’s bad enough that communities are being hammered by rising energy bills as data centers gobble up insane amounts of fossil fuel power, but now we see that those emissions are just a fraction of the #ClimateHarms Big Tech is responsible for.'
" 'To be clear, oil companies are not simply using publicly available AI tools: Big Tech is entering into bilateral contracts with oil companies, and selling them proprietary tools specifically designed for the purpose of accelerating oil production,' Vondrich stressed. “You can’t make this up: Big Tech companies, self-avowed climate champs for decades, are working hand-in-glove with Big Oil to find, dig, and burn more fossil fuels to make a buck.”
" 'AI’s promise as a tool for advancing solutions to the #ClimateCrisis is fading as a cruel reality takes shape: Big tech companies are selling AI to the fossil fuel industry to accelerate our demise so they can turn a profit,' she added. 'These are the perverse outcomes resulting from our rigged market economy: access to cutting-edge AI goes to the highest bidder and Big Oil has some of the deepest pockets in the world. Meanwhile the externalities—runaway climate change manifesting this summer as historic #HeatDomes and fires—are never counted, except as body counts. Today, Big Tech is Big Oil’s number one accomplice.' "
Read more:
https://www.commondreams.org/news/ai-and-fossil-fuels#ClimateCrisis #Wildfires #BigOilKnew #WorldPol #DrillBabyDrill #Oiligarchy #Oligarchy #CorporateColonialism
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This burning summer is the proof: the voices of climate denial aren’t just delusional, they’re deadly | Sadiq Khan | The Guardian
> Look at our blazing forests and parched cities. Green policies aren’t a ‘luxury’, and we can’t burn more oil and gas. People need the truth, says London mayor Sadiq Khan
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Thanks #Bibi!
Major #OilCompanies reap massive profits as US and Iran fighting drives energy prices higher
By CATHY BUSSEWITZ
Updated 11:11 AM EDT, July 31, 2026NEW YORK (AP) — "American oil and gas giants raked in massive spring profits while fighting between Iran and the U.S. impeded petroleum shipments and consumers around the world paid more for fuel and confronted shortages.
"The conflict, now in its sixth month, halted most shipping through the Strait of Hormuz, a narrow waterway that previously served as a delivery route for a fifth of the world’s oil and natural gas. With global supplies constrained, prices for Brent crude, the international standard, soared from about $70 to above $100 a barrel for much of March, April and May, and at one point reached $126.
"The money that oil companies accrued between the beginning of April and the end of June could receive extra scrutiny this year. Gasoline, diesel and jet fuel prices climbed sharply during that period, increasing costs for drivers and airline passengers. Supplies ran low in some countries, leading to sporadic fuel rationing in #Australia and government office closures in #Nepal and #SriLanka.
" #ExxonMobil on Friday reported that its second quarter profits doubled to $14.53 billion, boosted by record diesel production. The oil giant, based in Spring, Texas, brought in $116.02 billion in revenue, up 42%.
" #Chevron, based in Houston, nearly quadrupled its profits to $12.07 billion and revenue jumped 56% to $70.06 billion.
"Six of #Europe’s largest oil companies posted combined first-quarter profits of $22 billion, more than 40% higher than last year.
" 'There are constituencies around the world who are having a very good crisis, and the oil producers are one of them,' said Patrick Galey, #FossilFuels lead at #GlobalWitness, a nonprofit organization that investigates environmental issues. 'When you compare that to the hundreds of millions of people who are struggling with #RollingBlackouts, with #ElectricityCurbs, #rationing, waiting in line for #FoodQueues, or the disruption to fertilizers and the potential impact that that has on food prices, we don’t think that it’s a justifiable price for the rest of the world to be paying.' "
Source:
https://apnews.com/article/oil-companies-profits-exxon-chevron-9375fbf8f6f40426f7428e07d54000c7#USPol #WorldPol #USWarOnIran #EndlessWar #TrumpsWar #BibisWar #BibiIsAWarCriminal #TrumpIsAWarCriminal #BigOilAndGas #Oiligarchy #CorporateCriminals #CorporateColonialism
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RE: https://mastodon.social/@greenpeace/117009240339734021
There is absolutely no reason public money should be funding the fossil fuel industry. Zero. Either on ethical or purely financial grounds. The fact that this happens at all is an absolute travesty.
Politicians/governements that support it should pay a heavy price.
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#Trump Admin Has Taken $13 Billion in Oil Wealth From #Venezuela, But Congress Is 'In the Dark' About Where It Went | Common Dreams
https://www.commondreams.org/news/trump-venezuela-oil-wealth
#TrumpSucks #USPol #WorldPol #CorporateColonialism #Oiligarchy #Corruption #TrumpAbusesTheSystem
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The report #OilCompanies are worried about: #ClimateAttribution science
New report says our ability to tie weather damages to #ClimateChange is improving.
John Timmer – Jul 17, 2026
Excerpt: "Climate change is being driven largely by the greenhouse gases we’ve pumped into the atmosphere, which trap more of the Sun’s energy there. That added energy increases the odds of extreme events: longer, more intense heat waves and droughts, interspersed with excessive precipitation. But these sorts of events have happened in the past—how can we tell if any given weather disaster has been made more likely by the climate?
"It’s a question with implications for everything from building codes to disaster preparedness. And there’s some good news: According to a report released by the US National Academies of Science on Thursday, the field of climate attribution is growing increasingly mature and can answer some questions for us with far greater confidence than it could just a decade ago. The report also notes that there are still important limits and suggests steps to address them.
"Overall, this makes it clear that climate attribution is normal, mainstream science. And the #FossilFuel industry views that as a problem, as it could make it easier to hold companies liable for damages. This has triggered a backlash that has Republicans in Congress and state governments threatening the National Academies’ funding."
#BigOil #BigOilAndGas #BigOilKnew #Oiligarchy #FossilFools #CimateCrisis #CorporateColonialism #ScienceDeniers #MakePollutersPay
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RE: https://mstdn.social/@markhburton/116940020417795138
The level of capture of our political class by the fossil fuel industry is truly astonishing. (And deeply concerning)
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Sound advice!
HOW TO SURVIVE THE GLOBAL HEATWAVE
🧃 Stay Hydrated
🍦 Treat yourself to an ice cream
✊🏼 Dismantle the #FossilFuelIndustry which is literally burning the planet for the short term profit of a vanishingly small #capitalist class
👗 Loose fitting clothing
by RussellWarfield
#StayCool #ClimateChange #GlobalHeatwave #FossilFuels #Oiligarchy #Capitalism #ThePlanetIsBurning
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Licensed to drill? How a #Trump-linked Texas #OilCompany is elbowing its way into #Greenland
#GreenlandEnergy says billions of barrels of crude could lie beneath territory and claims it has permission to bring drilling kit ashore – a claim denied by #Nuuk
by Tom Burgis, 9 Jul 2026
"On 10 June, a snowy-haired American in his 60s addressed the residents of a remote Greenland hamlet. He was there to tell them about a business venture supported by figures linked to Donald Trump. 'So,' Robert Price said via an interpreter, 'we have a project to drill for oil here.'
"The Texas oil company that Price represents, Greenland Energy, hopes to prove that billions of barrels of crude lie underground by bringing in 300 shipping containers of drilling kit.
" 'We have the permit to put the equipment on the land,' footage of the gathering in Ittoqqortoormiit shows Price saying. 'And then we’ve filed our permits – pending approval – to drill.'
"But Greenland’s resources ministry said that contrary to Price’s claim, there were
'no actually active permissions for any exploration activity or permissions for preparations for these activities'."The dispute threatens a showdown between the Trump-linked backers of Greenland Energy and the authorities in the vast, sparsely populated territory. Trump’s lieutenants are using the prospect of an American oil find in Greenland to bolster their case for an American takeover."
[...]
"The wells are expected to be drilled in an area protected by the global #RamsarConvention to preserve #wetlands. David Boertmann, an expert on Greenland’s birds, said the #ConservationZone hosts important numbers of barnacle geese and pink-footed geese as well as whimbrel, golden plover, Sabine’s gull and snowy owl, plus #muskoxen. Oil exploration activities could threaten the birds’ habitat, Boertmann said."
#USPol #WorldPol #PhilMcGraw #NoDrilling #ConservationLands #BigOilAndGas #TrumpSucks #Oiligarchy #CorporateColonialism #HandsOffGreenland #HandsOffKalaallitNunaat #KalaallitNunaat
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#ExtremeHeat Isn’t the Only Climate Impact Shocking Scientists
By Eric Roston and Hayley Warren, July 6, 2026
"Much of the US just sweltered through the July 4 holiday weekend as an intense heat dome bore down, straining power grids and prompting the cancellation of many events. Washington, DC, saw a high of 102F (39C) on Saturday, a new local record for the date. In Europe, punishing temperatures are set to return days after a deadly heat wave pushed thermometers as high as 43.8C (111F) in #France. A troubling pattern has emerged in this summer’s heat: Not only has it broken records, it’s done so often by margins far above the previous all-time highs.
"These heat jumps are part of a larger shift of #ClimateChange seeming to accelerate. #OceanTemperatures just reached a new high for the early summer. #SeaLevels are rising faster than before, while new records for daily rainfall are being set at a rapid clip. The pace of #GlobalWarming itself has quickened in recent years.
"While scientists have long braced for climate change, the growing severity of its impacts is shocking them.
"Today’s climate can 'seem like an unexpected step change' from that of a few years ago, said atmospheric scientist Katharine Hayhoe of Texas Tech University.
"Climate models from decades ago have proved prescient, closely aligning with what the mercury later showed: heat increasing around the planet, caused primarily by humans burning #fossilfuels ."
Read more [includes charts and graphics]:
https://www.bloomberg.com/graphics/2026-extreme-heat-climate-change-data/Archived version:
https://archive.ph/2qtS2#CopernicusEarth #ClimateCrisis #ExxonKnew #FossilFools #Oiligarchy #Capitalism #CorporateGreed #ClimateDiary #ExtremeWeather #ExtremeHeat
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RE: https://mastodon.social/@IndyMediaAus/116861924045136248
The ‘threat’ posed by Chinese EV’s is completely manageable.
The real conspiracy is the ghouls who want to keep us addicted to fossil fuels.
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RE: https://mstdn.ca/@thetyee/116800264213086219
#SameAsItEverWas: start with promises they have no intention of ever living up to and then, once the money is spent and everyone is committed, walk back expectations and ask for regulatory carve-outs.
When are we going to stop falling for this grift?
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Maybe, if our civilization wasn’t so dependent on oil, we wouldn’t always have to compromise our principles every time the price of oil jumps because of some crisis or another? 🤔
“UK waters down new Russian oil sanctions as fuel prices rise”
#FossilFools #Oiligarchy
https://www.bbc.com/news/articles/cy42x3g7r89o -
"He got the means, he make the harvest high
But you can count those hungry people die
We're all at the mercy
Of the greedy man within"- From "The Ballad of the Little Man, by #KarlWallinger, #WorldParty, 1986
The families going hungry because of #Trump’s #FoodStamp cutsUnder President Donald Trump’s “#BigBeautifulBill,” food stamp applicants are fighting to prove eligibility and facing questions about birthday gifts sent over Zelle. A crisis in Arizona offers a warning for America.
by Shannon Pettipiece, May 11, 2026
#USPol #TrumpSucks #FascismInTheUSA
#Oligarchy #Oiligarchy #Fascism #Authoritarianism
#Autocracy #Greed #BigUglyBill #BigUglyPresident -
So glad we dropped the gas taxes in Canada, starving the public purse of much needed income in a time of unprecedented spending.
But at least the price at the pumps is cheaper now, right?
Right?
ConocoPhillips last week reported $2.3bn in profits for the first three months of 2026, up 84% from before the war began. Meanwhile, top petroleum refiner Valero Energy announced quarterly profits of $1.2bn, beating estimates. Liberty Energy, founded and formerly run by Donald Trump’s energy secretary Chris Wright, saw quarterly earnings of $10m, up 32% from before the war began. BP, meanwhile, said it had seen “exceptional” performance, more than doubling its profits during the year’s first quarter, while Shell on Thursday also reported its first-quarter profits were stronger than expected.
The oil majors Chevron and ExxonMobil both saw their profits drop during the first three months of 2026, executives reported in earnings calls. Yet in short order, that trajectory will shift, analysts say. Consensus estimates shows ExxonMobil’s second-quarter earnings will more than double from a year ago, while Chevron profits are expected to increase by 56% for the year.
#CDNPoli #Oiligarchy #FossilFools #CDNPetroState
https://www.theguardian.com/us-news/2026/may/07/iran-war-big-oil-climate -
For #Indigenous communities in ‘#Alberta,’ the #OilIndustry has left an ugly stain
Facing #OilSpills, evacuations and #illness — nations downstream of the #OilSands grieve their way of life, as the #corporations polluting their water get richer
By Brandi Morin, December 7, 2023
Excerpt: "The rush of the wind and sprays of water add to the thrill as Jason Castor guides his riverboat through a stretch of #LakeAthabasca near #FortChipewyan, in #Treaty8 territories. If he slows down, his boat could get stuck in the mud or even flip over because the water levels in this spot are remarkably low. He steers around buoys, dodges logs and other debris while accelerating to the mouth of the channel, which he knows should be deep enough to navigate at an average speed.
"While trawling his boat further down the river, Castor points to odd-looking clusters resembling dirty foam floating by.
" 'There’s just a slurry of a foam that looks like #oil or some kind of #chemical in there,' says Castor, a 42-year-old father, construction business owner and member of the #AthabascaChipewyan #FirstNation (#ACFN).
"He’s been a traditional hunter, trapper and fisherman for nearly 20 years and has documented strange changes in the water, the land and animals.
"Something’s going on in the river, he says.
" 'They say that it’s natural, well, I know that that’s not natural because I’ve been on the river my whole life,' he explains as he points to brown and #WhiteFoam, #OilSheens and other discoloured formations floating on the river.
"Nowadays, it’s risky to navigate these waterways because of industrial intakes like the #WACBennettDam to the west in B.C.; the #AlbertaOilSands just up the river and impacts from #ClimateChange.
"The #PeaceAthabascaDelta is the second-largest #freshwater delta in the world.
"The #AthabascaRiver, and the larger delta, also sit atop the world’s largest known reservoir of #CrudeBitumen.
"The industry that has sprung up around it drives Alberta’s and Canada’s economy, employing about 138,000 people. In 2021, crude bitumen production totaled approximately 3.3 million barrels per day. The oil sands energy sector including oil sands, conventional #OilAndGas, mining and quarrying is valued at about $18 billion.
"But while Canada prospers off the oil sands industry, #Indigenous communities downstream are dealing with its #toxic impacts.
"Not only are the water levels fluctuating, but the health of the water flowing through the Athabasca River is jeopardized."
#CanPol #CanadaPol #Alberta #TarSands #BigOilAndGas #OilSands #WaterIsLife #Pollution #Environment #Oiligarchy
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From last year...
#OnionLake #CreeNation to proceed with its legal challenge of #Alberta sovereignty act
By Lisa Johnson The Canadian Press, May 15, 2025
EDMONTON - "Alberta’s bill lowering the bar for a separation referendum has spurred a #FirstNation to push ahead with a legal challenge against the premier’s flagship sovereignty act.
"Danielle Smith has said her Alberta Sovereignty Within a United Canada Act is needed to push back on what the province believes is unconstitutional federal encroachment into provincial jurisdiction.
"But Onion Lake Cree Nation Chief #HenryLewis said that law has always been about undermining federal authority and asserting provincial control, which goes against his community’s #Treaty6 relationship with the Crown." 'I want to respectfully remind the premier that this land that we stand on today is #Treaty land and is not yours to take or make sweeping decisions about,” he said at a news conference in Edmonton on Thursday.
"He announced the legal challenge is moving forward a day after Smith’s government passed a bill significantly lowering the threshold for citizens to prompt a referendum, including one on seceding from Canada."
Archived version:
https://archive.ph/qPDjh#CanPol #CanadaPol #RespectTheTreaties #LandBack #Alberta #FirstNations #BigOilAndGas #Oiligarchy #Albertans #Mining #CorporateColonialism