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Showing posts with the label Oil & Gas

O Death

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  O Death IRINA SLAV In February this year, Barclays  announced  it would stop direct financing for “energy clients, for upstream oil and gas expansion projects or related infrastructure.” The bank followed a massively popular trend in the industry of boosting support for transition-related businesses at the expense of traditional energy because traditional energy was the new plague, at least reputationally speaking. There must have also been plans to profit from the transition, no doubt, because forecasts and projections said it would be profitable. Fast forward five months and imagine my surprise when Barclays’ CEO, CS Venkatakrishnan  told  Bloomberg this week that banks couldn’t just quit oil and gas “cold turkey” and that the “reality is that for quite some time, fossil fuels will be with us.” In the same report, Bloomberg graciously informed us that Barclays is not the only one having sort of second thoughts about this whole move away from oil and gas business, especially in the

USA Jealousy... Latin America On Edge As Venezuela's Maduro Holds Referendum Whether To Invade Oil-Rich Neighbor Guyana

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Latin America On Edge As Venezuela's Maduro Holds Referendum Whether To Invade Oil-Rich Neighbor Guyana   In a move that has prompted many to wonder which is the bigger banana republic, Venezuela or the US, Joe Biden's new BFF, Venezuelan dictator Nicolas Maduro ( who has promised to export a few barrels of oil to the US president - now that draining the SPR is no longer an option - to keep gas prices low ahead of the 2024 presidential election in exchange for sanction relaxation and defacto recognition by the White House that Maduro is   the   dictatorially   "democratically" elected president of Venezuela, making a mockery of a decade of Western virtue-signaling sanctions) , on Sunday   Caracas is set to hold a referendum among Venezuelans on annexing (i.e., invading and taking over) a whopping 160,000 sq km of extremely oil-rich land in neighbouring Guyana. Why now? Why   only now   when Caracas has for more than 200 years claimed rights over Essequibo, a vast swat

Following the Money Behind Gaza’s Ethnic Cleansing

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  Following the Money Behind Gaza’s Ethnic Cleansing RUSERE SHONIWA Wikipedia The current bloodshed in Gaza really is different this time. First, there’s the implausible scale and ease of the Hamas incursion, which bears all the hallmarks of a false flag. There is also evidence from eye-witness accounts of survivors of the Hamas attacks of the  IDF’s disregard for the lives of its own citizens  in its initial response to the attacks, resulting in high numbers of casualties inflicted on Israelis by their own army. This  GrayZone  report , quoting  Haaretz,  alleges that in a single incident at Kibbutz Be’eri, 112 residents were killed by Israeli shelling. How many of the approximately 1400 Israeli deaths were caused by ‘friendly fire’? Then there’s the undisguised intent to ethnically cleanse Gaza, accompanied by a complete sense of impunity for blatant war crimes and crimes against humanity. Political leaders across the West are engaging in equally shameless justifications for ethnic c