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:

Israel’s War on American Student Activists

For years the Israel on Campus Coalition—a little-known organization with links to Israeli intelligence—has used student informants to spy on pro-Palestinian campus groups.

Israel’s War on American Student Activists (archived)

Looks like those microgrants are for more than just attending pro-Israel protests.

Previously:

‘No More Business As Usual’: 300+ cities Shut It Down For Palestine in Global Day of Action

BreakThrough News

“No more business as usual.”

Protesters in over 300 cities protested in unison against pro-Israel corporations and institutions in a global day of action.

BT’s Kei Pritsker tracked the different protests in NYC and around the world.

The next day of action will be Nov 17, according to the initiating organizations.

‘No More Business As Usual’: 300+ cities Shut It Down For Palestine in Global Day of Action

The Palestinians’ inalienable right to resist

In December 1982, following Israel’s devastating invasion of Lebanon six months earlier, the United Nations General Assembly passed resolution A/RES/37/43 concerning the ‘[i]mportance of the universal realization of the right of peoples to self-determination’. It endorsed, without qualification, ‘the inalienable right’ of the Palestinian people to ‘self-determination, national independence, territorial integrity, national unity and sovereignty without outside interference’, and reaffirmed the legitimacy of their struggle for those rights ‘by all available means, including armed struggle’. It also strongly condemned Israel’s ‘expansionist activities in the Middle East’ and ‘continual bombing of Palestinian civilians’, both said to ‘constitute a serious obstacle to the realization of the self-determination and independence of the Palestinian people’. In the four decades since then, Israel’s violence against the Palestinian people and its colonisation of their land has not ceased. Up to the present moment, all over historical Palestine, from the Gaza Strip to Sheikh Jarrah, Palestinians are still under that same occupation, subject to suffocating control over virtually every aspect of their lives – and the sadistic, unaccountable violence of the Zionist state.

The Palestinians’ inalienable right to resist

What State Action Doctrine? Biden Administration Renews Push For Deal With TikTok, Where US Government Would Oversee Content Moderation On TikTok

What State Action Doctrine? Biden Administration Renews Push For Deal With TikTok, Where US Government Would Oversee Content Moderation On TikTok

For all the (mostly misleading) talk of the US government having too much say in content moderation decisions, this move would literally put US government officials effectively in control of content moderation decisions for TikTok. Apparently the thinking is “welp, it’s better than the Chinese government.” But… that doesn’t mean it’s good. Or constitutional.

Honestly, what this reads as is the moral panic over China and TikTok so eating the brains of US officials that rather than saying “hey, we should have privacy laws that block this,” they thought instead “hey, that would be cool if we could just do all the things we accuse China of doing, but where we pull the strings.”

So, look, if we’re going to talk about US government influence over content moderation choices, why aren’t we talking much more about this?

Related:

TikTok and U.S. rekindle negotiations, boosting app’s hopes for survival

CFIUS monitoring agencies, including the departments of Justice, Treasury and Defense, would have the right to access TikTok facilities at any time and overrule its policies or contracting decisions. CFIUS would also set the rules for all new company hires, including that they must be U.S. citizens, must consent to additional background checks and could be denied the job at any time.

A Draft Of TikTok’s Plan To Avoid A Ban Gives The U.S. Government Unprecedented Oversight Power

U.S. Government Seeks Extensive Oversight over TikTok

Leading liberal Zionist voices call for ending U.S. aid to Israel

The damage Israel is causing to its support base in the United States is becoming more apparent. A very bright warning flare went up this weekend, appearing once again in the New York Times. This time, it was columnist Nicholas Kristof who took a much bolder and far less speculative step than his colleague, Tom Friedman did last week by suggesting that the very heart of AIPAC’s mission—annual military aid to Israel—should be phased out.

Friedman, you might recall, floated the idea that a “reassessment” of the United States’ relationship with Israel might be on the horizon, if not already starting. As I noted, that was meant as a warning to Israel, not a reflection of any actual steps by Joe Biden’s White House to launch a policy process of reassessment. Indeed, as subsequent events confirmed, and as was indicated by the fact that Friedman cited no sources, even anonymous ones, this was the columnist trying to use his column to get Israel to back off because political winds are shifting. Israeli Prime Minister Benjamin Netanyahu did not heed the warning, instead moving forward uncompromisingly on his domestic agenda and misleading the media about his conversation with Biden. Needless to say, that didn’t sit well in Washington.

Leading liberal Zionist voices call for ending U.S. aid to Israel

Biden won’t protect Palestinian Americans from Israeli attacks

For the second time this year, large numbers of armed Israeli settlers have rampaged through Palestinian communities in the occupied West Bank terrorizing Palestinians in their homes.

Biden won’t protect Palestinian Americans from Israeli attacks

Links behind paywalls:

Israeli settlers torch Palestinian homes and cars to avenge deadly shooting. A Palestinian is killed

You, American taxpayer, are helping to fund Israeli settlements

U.S. Ambassador: We Will Not Stand Idly by and Watch Settler Violence

Israel’s Far-right Finance Minister: ‘I’m a Fascist Homophobe But… I Won’t Stone Gays’

Israel Eases West Bank Settlement Rules, Clearing Way for New Homes

Invisible Ukrainians: A conversation with a professor from the Donbas

From the time that Russian forces invaded Ukraine in February 2022, Western media coverage of the war has been dominated by the perspectives of Ukrainians who support Zelensky’s government and who oppose Russia. While it is vitally important that we be informed of their perspective, we cannot truly understand the Ukraine war without hearing from Ukrainians who reject Zelensky’s rule. In the Western mainstream discourse, those Ukrainians are virtually invisible.

Invisible Ukrainians: A conversation with a professor from the Donbas