Tag: Subsidies

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

Tina Marie (Ms. Cat)

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:

US Strategic Oil Reserve Refill Is Limited Despite Low Prices

Free Speech Groups Call on Congress To Block NewsGuard Funding

Tina Marie (Ms. Cat)

As many as 36 groups advocating free speech, the Free Speech Alliance, have turned to US Congress with a request to stop any further funding of NewsGuard.

Free Speech Groups Call on Congress To Block NewsGuard Funding
Source.

Previous NewsGuard posts (not necessarily conservative):

NewsGuard is very neutral. Its Board of Directors is secret, but its Advisory Board includes one of the co-founders of Wikipedia (Jimmy Wales) as well as the former director of the CIA and the NSA (General Michael Hayden), the former Secretary General of NATO (Anders Fogh Rasmussen), the former Secretary for Homeland Security (Tom Ridge) or the former Under Secretary of State for Public Diplomacy – i.e. Propaganda (Richard Stengel)

The EU, NATO, NewsGuard and the Voltaire Network (original)

Censorship: Donbass Insider in the Crosshairs of Newsguard, an Agency Linked to the CIA, NATO and the White House

Consortium News Sues NewsGuard, US Government For Alleged Defamation

Read More »

GAZA in real time: Geopolitics versus Genocide

Tina Marie (Ms. Cat)

Prefatory Note: A modified version of this interview conducted by Daniel Falcone, with a long introduction was published online in Truthout on October 29, 2023, The situation in Gaza and its increasingly regional implications grow more humanly distressing and politically menacing with each passing day. Israel has succeeded in influencing the Global West and its corporate main media platforms to accept two interpretations of events following the Oct 7 Hamas attack that are at best highly contentious and controversial and, in my understanding, deeply misleading and distorting: (1) that Hamas is nothing other than a group of terrorists engaged in barbaric crimes, and should be addressed in the same manner as ISIS and Al-Qaeda; (2) that it is legitimate in such a conflict to override normal rules of international law, even to the extent of engaging in genocidal means of ethnic cleansing.

GAZA in real time: Geopolitics versus Genocide

Gaza War is Final Solution by Israel to Erase Palestinians and West is Complicit, says Israeli MP

Tina Marie (Ms. Cat)
Finian Cunningham

Benjamin Netanyahu’s government is exploiting Hamas’s horror attack on October 7 to now implement a “final solution” to wipe out Palestinians.

That’s the view of Ofer Cassif, a lawmaker in the Israeli parliament. The definitive subjugation plan has been part of the Netanyahu government policy for several years. The war on Gaza is the opportunity to execute this plan.

The United States and the European Union are complicit in facilitating the genocidal operation being carried out by the Israeli regime.

Since the inception of the Israel state in 1948, Western governments have been complicit in the relentless oppression of Palestinians by giving their unswerving support for Israeli crimes. That 75-year genocide is now advancing to a final phase.

The international community must stand up against the Zionist destruction of the Palestinian people and their right to statehood.

Gaza War is Final Solution by Israel to Erase Palestinians and West is Complicit, says Israeli MP

Related:

The ‘Subjugation Plan’: Smotrich Wants ‘Voluntary Transfer’ of Palestinians

Expulsion of the Palestinians : the concept of “transfer” in Zionist political thought, 1882-1948

Claims by US over central Pacific now rival those of Beijing in South China Sea

Tina Marie (Ms. Cat)

Washington’s new pacts with three island states will establish a second island chain of attack as a complete sphere of influence in breach of international law and its own interpretation of freedom of navigation

Claims by US over central Pacific now rival those of Beijing in South China Sea

Related:

Joe Manchin Leads Senate Energy Committee Hearing On Compact Of Free Association Amendments Act (49:30)

U.S. Claims to Central Pacific Flout International Law

As Biden Scrambles to Save Suppliers, UAW Limits Strike’s Impact

Tina Marie (Ms. Cat)

Last night’s announcement by UAW President Shawn Fain that the union would initially only strike at three non-strategic plants has confused many in the labor movement. The announcement comes as the Biden Administration has stepped in to stop the strike from spread and protect its $15 billion investment in transitioning the auto parts industry to make electric vehicles.

As Biden Scrambles to Save Suppliers, UAW Limits Strike’s Impact

Argentinians protest against IMF-imposed austerity measures

Tina Marie (Ms. Cat)

Argentinians have taken to the streets of the capital, Buenos Aires, to protest against austerity measures imposed by the government following a deal with the International Monetary Fund (IMF).

Argentinians protest against IMF-imposed austerity measures

AP ‘conveniently’ leaves out the IMF deal! It’s almost as if they want Javier Milei to win (of course, they do)!

Previously:

How Javier Milei Upset Argentina’s Political Status Quo

TSMC Arizona chip plant will be a paperweight, says analyst

Tina Marie (Ms. Cat)

The TSMC Arizona chip plant is behind schedule, over budget, and the subject of contention in online forums – and now an analyst says that it will be little more than a useless paperweight, even when it does finally begin production.

Not only will it only make chips for older Apple devices, but it can’t even complete the process of making those without sending them back to Taiwan for final assembly …

TSMC Arizona chip plant will be a paperweight, says analyst