Aussies Wake Up! ~ Big Oil Fleeces Us ~ Shell Pays 6.3% Tax ~ We Should be So Lucky!
PART 2 ~ The Storm Begins ~ Pundit's Politics & Michael West Media Uncovers Resource Piracy ~ Finally the ABC News Starts Work ~ 50 Years Too Late!
In the 1969, Norway discovered their first Oil and Gas deposits.
Norwegian politician and Minister of Industry Jens Evensen (a Labour Party MP and lawyer) is widely credited as the architect of Statoil.
Following the massive Ekofisk oil discovery in 1969, he was the primary political force behind establishing Statoil in 1972 and laying the groundwork for the country’s oil wealth. [1, 2, 3, 4, 5]
Evensen successfully convinced the Norwegian Parliament [Storting] that Norway needed strict state participation to maintain total control over its petroleum resources. Along with his work forming the national oil company (now known as Equinor), Evensen’s overarching framework ensured that the country retained significant profits and developed domestic industry rather than falling victim to resource exploitation. [1, 2, 3, 4, 5]
NOTE: It was Norway’s Labour Party that oversaw this National Fuel Security & Enrichment Plan.
In 1972, the ALP Whitlam government never adopted such an outstanding plan.
Even when the ALP regained power in the Hawke & Keating years [1983 ~ 1996], Inaction & Resistance persisted in adopting the successful 1970 era Norwegian Labour Party Statoil Blueprint!
A timeline of Australia’s major oil and gas milestones:
1900 (First Gas): Natural gas was accidentally struck in a water bore in Roma, Queensland. By 1906, it was temporarily used to light the town’s streetlamps.
1924 (First Traces of Oil): Australia’s first oil trace was discovered near Lakes Entrance in the Gippsland Basin, Victoria.
1953 (First Major Oil Flow): The first major, flowing oil discovery was made by WAPET at Rough Range on the North West Cape in Western Australia.
1961 (First Commercial Oil): Australia’s first commercial oil field was discovered at Moonie in the Surat Basin, Queensland. Production and commercial pipeline sales officially began in 1964.
1964 (Commercial Gas): The first major commercial natural gas field in Western Australia was discovered at Dongara.
1965 (Bass Strait Discovery): Major offshore gas fields (Barracouta) and massive oil fields (Kingfish, Halibut) were discovered in the Gippsland Basin, Bass Strait, fueling Australia’s energy self-sufficiency for decades.
1971–1972 (North West Shelf): Massive gas and condensate discoveries were made off the coast of Western Australia (North Rankin, Goodwyn, Scott Reef), which evolved into the massive liquefied natural gas (LNG) export industry. [1, 2, 3, 4]
60 Years Later ~ ALP Still Ignoring Fuel Security Plans
As ABC News finally begins to focus upon our current natural resources income shit-show, ALP PM Albanese, lies through his teeth about resource Tax & Revenues.
Aussie tax = 30% ~~ Singapore tax = 6.3% ~~ Norway tax = 78%
How does an ALP PM who professes care, support, leadership and a thriving future for Australians completely fail?
Shell Australia ~ What Lies Beneath the Shiny Surface
Here is a brief summary from the Shell Australia website;
Shell has operated in Australia since 1901. From operating Australia’s first oil refinery, which was central to meeting Australia’s fuel needs, to fuelling the first Qantas commercial flight in the 1920s, to playing a foundation role in building some of Australia’s largest and most innovative natural resource developments.
This ABC News reports;
« Ownership of the cargo transfers from the Australian company that extracted, cleaned and liquefied the gas to another one in Singapore, thousands of kilometres away.
The Singapore buyer is not really the customer — it almost certainly does not use the gas it purchases. It is another arm of the same company.
Jim Killaly, a former deputy commissioner at the Australian Taxation Office, says the use of Singapore as an LNG trading hub by oil and gas companies is no coincidence.
Singapore, if not quite a tax haven, is a “low-tax jurisdiction”. “It’s a bit like taking money out of one pocket and putting it into your other pocket,” Mr Killaly says.
“But if you do that between companies, one of which is in a tax haven, the effect is that you pay less Australian tax.”»
Shell Ops ~ «The Power of Local Community» ~ Nigeria
Another place, another community, another successful resource operation.
Here are some extremely disturbing reports about Shell Operations in Nigeria, an Oil & Gas rich nation in Western Africa.
Transcript ~ Begins at 3:00 minutes;
« It was this factor that gave Shell unparalleled influence over the nation as a whole.»
« It was a genius business move, because if Nigeria trying to change the deal and take back control of their own oil, Shell and any other oil company could halt extraction completely decimating the entire country’s economy and because of Shell’s powerful connections to the British and Dutch rural families as well as all the other major banks, they would then tell other big companies to pull out their investments in Nigeria thus stripping Nigeria of everything strangling the country into submission.»
« Shell also controls the distribution network for the oil so even if by some miracle Nigeria managed to gain control of the extraction process, they would still need Shell to export it out of the country and this oil money doesn’t just fuel Nigeria’s economy it also makes up over 65 percent of the Nigerian government’s revenue which means shell is the Nigerian government’s Daddy.»
« It’s this reliance on Shell’s infrastructure that really mirrors an abusive relationship where the company can do whatever they want and the Nigerian government is powerless to stop them if Shell ceased their oil extractions it would push the economy into a deep recession all the while leaving the government penniless and unable to do anything.»
« This problem would then quickly lead to civil unrest and revolt, a fact that the Nigerian government is very aware of.»
Are these Big Oil Companies Independent OR Linked within a Cartel?
Nigerians Fights Back
Nigerian farmers and their communities are to receive 15 million euros in compensation from Shell, ending a lawsuit that lasted 15 years.
But what was the case all about? We take a moment to explain.In 2008 four farmers, together with Milieudefensie, initiated legal proceedings against the headquarters of Shell in The Hague. Their motivation was oil pollution in the villages Oruma, Goi and Ikot Ada Udo in de Niger Delta in Nigeria.
The oil spills occurred between 2004 and 2007.In January 2021 – 15 years later – we won the case. The court ordered Shell to pay compensation to the farmers and to install a leak warning system. Following negotiations, the amount of compensation was announced in December 2022.
Source: milieu defensie
Take Home Messages
Shell is like most Multinationals ~ Aim = fulfill its Primary Mission ~ Profits!
Once embedded within your country ~ they rapidly adopt parasitic activities.
They activate Lobbyists into political, cultural and influential organisations.
Just like Nigeria ~ once inside ~ they are almost impossible to evict!
Up Next ~~ Is there any reliable & honest Oil & Gas Entity our There?
~~ analyse ~ adapt ~ evolve ~ survive ~ thrive ~~