ExxonMobil foresees profit and expansion surge fueled by Guyana, Permian advancements

ExxonMobil foresees profit and expansion surge fueled by Guyana, Permian advancements

With an annual total capital expenditure and exploration expense projection ranging between US$23 billion to US$25 billion, ExxonMobil is set to allocate US$22-$27 billion annually toward project spending until 2027. This includes a commitment to emerging ventures in lithium and low-carbon initiatives, with an 18% increase in spending in these areas.

Emphasizing its dedication to the energy transition, ExxonMobil’s Low Carbon Solutions division is expected to witness an increase in budget from US$17 billion to US$20 billion between 2022 and 2027, contingent upon government support.

The company plans to ramp up annual share buybacks to $20 billion by 2025, an increase from the current US$17.5 billion, following the completion of the Pioneer merger. Additionally, ExxonMobil continues its divestment strategy for refining operations.

Related:

Terrorists, in Myanmar, killed over 140 civilians in Shan and Arakan since October

FROM THE NED DVB NEWSROOM

More than 140 civilians were killed and 216 were injured in northern Shan and Arakan states in one month of fighting against the military from Oct. 27 to Nov. 30, stated the Brotherhood Alliance. The Myanmar National Democratic Alliance Army (MNDAA), the Ta’ang National Liberation Army (TNLA) and the Arakan Army (AA), claimed that the casualties were mostly caused by airstrikes and artillery.

Over 140 civilians killed in Shan and Arakan since October

On Venezuelan President Maduro’s re-election in 2018: expect similar lies if he wins in 2024

Thanks to everyone for making this event happen. I’ll get right into it. As we get closer to Venezuela’s presidential election in 2024, we should anticipate the western media deploying the same general tactics they used to disparage Maduro’s electoral victory in 2018. I’m not predicting that Maduro is going to win again (as I hope he does), but, if he does win, we can anticipate that the same general propaganda tactics will be used – with some variations of course for the changed situation that exists in Venezuela and around the world since 2018.

On Venezuelan President Maduro’s re-election in 2018: expect similar lies if he wins in 2024

Flashback: Chrystia Freeland Whitewashing Nazi Collaborators in 2008

Ukraine rifles its history for heroes

But history may matter more to you if it has been rough, as Ukraine’s has. As Viktor Yushchenko, the president whose path to power included a disfiguring attempt on his life, told the Canadian parliament last month, Ukraine has declared independence six times in the past 90 years. His job, he said, was to make sure the most recent declaration, in 1991, was the last one. Even the national anthem takes a bleak view. Its first line is: “Ukraine has not yet died.”

Yaroslav the Wise, the 11th-century prince of Kievan Rus, was named the winner in a last-minute surge, edging out western Ukrainian partisan leader Stepan Bandera, who led a guerrilla war against the Nazis and the Soviets and was poisoned on orders from Moscow in 1959. When the programme’s editor cried foul, alleging that Yaroslav’s backers had flooded the show with computerised phone-in votes, the story suddenly became irresistible abroad. After all, stuffed ballot boxes have figured prominently in recent Ukrainian politics, sparking the 2004 orange revolution.

The contretemps is being framed as yet another example of the divide between western and eastern Ukraine, where the Soviet portrayal of Bandera as a traitor still lingers. That would be a mistake. The real story of Ukraine is the astonishing rapprochement between east and west, which began in 1991 and accelerated after 2004, when big business decided it paid to buy into independence.

Related:

Did Yushchenko Poison Himself?

Canada’s Secret Role in Ukraine (Orange Revolution)

Euromaidan 2014 – Orange Revolution – War in Donbass