Diplomats and climate advocates warn that efforts by the European Union and small island states to cap virgin plastic production are under threat from petrochemical-producing countries and Washington. https://www.japantimes.co.jp/environment/2025/08/05/sustainability/oil-trump-treaty-plastics-pollution/?utm_medium=Social&utm_source=mastodon #environment #sustainability #oil #plastic #pollution #us #donaldtrump #republicans #environment #oceans

U.S. President Donald Trump has again threatened to raise tariffs on goods from India over its Russian oil purchases, while New Delhi called his attack "unjustified" and vowed to protect its economic interests. https://www.japantimes.co.jp/news/2025/08/05/world/politics/trump-india-tariffs-russian-oil/?utm_medium=Social&utm_source=mastodon #worldnews #politics #narendramodi #india #us #donaldtrump #trade #tariffs #oil #russia #russiaukrainewar #vladimirputin

“You Feel Like You’re Being Cheated”: Oil Companies Unfairly Take Millions, North Dakota Mineral Owners Say
—

Oil companies are holding back a large portion of revenue payments to the people they lease drilling rights from, often with little explanation. But the industry has an outsize influence in the state, and public officials have refused to take action.
https://www.propublica.org/article/north-dakota-mineral-owner-royalty-deductions?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post

#News#NorthDakota#Oil#Gas#Law#Energy#USPolitics

China's independent oil companies are ramping up operations in Iraq, investing billions of dollars in OPEC's number two producer even as some global majors have scaled back from the market https://www.japantimes.co.jp/business/2025/08/04/markets/china-oil-firms-iraq/?utm_medium=Social&utm_source=mastodon #business #markets #china #iraq #oil #fossilfuels

A top aide to President Donald Trump has accused India of effectively financing Russia's war in Ukraine by purchasing oil from Moscow, after the U.S. leader escalated pressure on New Delhi to stop buying Russian oil. https://www.japantimes.co.jp/news/2025/08/04/asia-pacific/politics/trump-aide-india-russia-ukraine/?utm_medium=Social&utm_source=mastodon #asiapacific #politics #stephenmiller #us #donaldtrump #republicans #india #ukraine #russia #russiaukrainewar #narendramodi #tariffs #oil

Some of China’s largest ports have received Iranian crude this year, supporting a multibillion oil trade and highlighting a significant gap in U.S. efforts to curb funds for Tehran’s military. https://www.japantimes.co.jp/business/2025/07/02/chinese-ports-iranian-oil-sanctions/?utm_medium=Social&utm_source=mastodon #business #china #iran #middleeast #oil

This #oil & #gas financing/production analysis is interesting in many ways.

▶️ #China is actually ranked fourth, but not mentioned anywhere in the report.
▶️ #Russia is, surprisingly, not categorized as " #globalnorth" despite being considered that by the #UN,
▶️ Stunning how much the #US has become a #petrostate - and perhaps a understated reason for our current political situation.

https://oilchange.org/blogs/planet-wreckers-top-global-north-countries-responsible-for-nearly-70-of-projected-new-oil-and-gas-expansion-to-2035/

President Donald Trump on Tuesday appeared to undermine years of U.S. sanctions on Iran, giving its biggest customer China the green light to carry on buying its oil as he seeks to bolster a ceasefire with Israel. https://www.japantimes.co.jp/news/2025/06/25/world/politics/trump-china-buy-iranian-oil/?utm_medium=Social&utm_source=mastodon #worldnews #politics #iran #middleeast #israel #us #donaldtrump #oil #china

Around 84% of oil passing through the Strait is destined for Asia, leaving the economies of China, India, South Korea and Japan vulnerable to an Iranian blockade. https://www.japantimes.co.jp/business/2025/06/24/economy/asia-oil-strait-of-hormuz/?utm_medium=Social&utm_source=mastodon #business #economy #straitofhormuz #iran #unitedarabemirates #oman #shipping #trade #middleeast #oil #asia #china #india #southkorea

“The Strait of Hormuz is, at the end of the day, the artery through which the world’s energy flows, and if that artery is blocked, for whatever reason, it’ll have a huge impact on global trade.”

Wael Sawan, CEO of oil and gas company Shell

#Iran
#Hormuz
#oil

“The Strait of Hormuz is, at the end of the day, the artery through which the world’s energy flows, and if that artery is blocked, for whatever reason, it’ll have a huge impact on global trade.”

Wael Sawan, CEO of oil and gas company Shell

#Iran
#Hormuz
#oil

"At the conference ministers from 97 countries, including the UK, signed a joint political statement saying they wanted an ambitious treaty to be signed on [plastic production].

But this only included one of the top ten oil-producing nations - Canada. Plastic is made from oil, so any commitment to reduce production could harm their income, the countries claim."

#EsmeStallard, 2025

https://www.bbc.co.uk/news/articles/cq69e4j6jz8o

All the more reason to end fossil fuel industries ASAP.

#Oil #plastic#PlasticPollution

Time for change. #grickledoodle #bears #oil#climatechange#justice#cartoon#art#drawing#funny