China’s growing fuel-oil demand, combined with rising tax on Russian
exports, pushed Asian prices for the heating and shipping fuel to the
highest level in almost two years in November and boosted refiners’ need for
crude rich in the oil product. That has made deliveries of Dubai crude for
next-month more expensive than later cargoes, a price relationship known asbackwardation,
and encouraged
Saudi
Arabia to sell future deliveries of its own oil at higher premiums to
make up for the lower benchmark price.
The crude market in Asia has become tightened on the back of strong
demand from China and other Asian countries,” said Osamu Fujisawa, an
independent oil economist in
Tokyo who
worked for 30 years at the Saudi Arabian oil company, which is known as
Saudi Aramco. “The main reason why Saudi Aramco will raise prices is because
of the Dubai backwardation.”
Dubai for next month cost $2.02 a barrel more than deliveries in three
months this week, the steepest backwardation in two years, according to data
from PVM Oil Associates, a London-based broker. The spread has averaged 38
cents this year.
The average loss from producing fuel oil in Singapore was $3.63 a barrel
in November, the smallest since February 2010, according to PVM. Producers
typically accept
losses from making it because it’s a residue of the refining process
that companies can offset with the profit from higher-value products such as
gasoline, diesel and naphtha.
Singapore fuel oil’s discount to crude, called the crack spread, is
“good,” Abolfazl Rostami, responsible for marketing of petroleum products at
National Iranian Oil Co., said Nov. 28. The market tightened after
Russia
imposed an export tax on the fuel and
Iran upgraded
its refineries, cutting output, he said.
Russia announced new taxes starting Oct. 1 designed to encourage
higher-value exports such as crude, while discouraging sales of fuel oil.
The decision may cut the country’s shipments next year by about 100,000
barrels a day, or 10 percent of its output, JBC Energy GmbH, a Vienna-based
researcher, estimated in September.
China will double sales of tax-free ship fuel, or bonded bunker fuel, by
2015, according to China Petroleum & Chemical Corp., or Sinopec, the
nation’s largest refiner. Chinese demand for bunkers may climb to 13 million
tons next year from 11 million tons this year and 9.1 million tons in 2010,
Shao Lei, a sales director at the fuel-oil unit of PetroChina Co., the
nation’s biggest oil company, said Nov. 24.
Oil demand in China, the world’s biggest energy consumer, rose 1.45
percent in October from a year earlier to 9.086 million barrels a day
according to data compiled by Bloomberg. The country’s crude
purchases from Saudi Arabia jumped 16.3 percent in October to 4.6
million metric tons, the highest since December 2009, customs data show.
China’s biggest refineries ran at 87.7 percent of capacity in the two
weeks ended Nov. 24, up 2.8 percent from the previous period, according to
Oilchem.net, a Shandong-based energy information website.
About 500,000 barrels a day of refining capacity is scheduled to start
next year in
India, the world’s fourth-largest energy consumer, according to
estimates from JBC Energy. More than half of that is scheduled in the first
quarter, JBC said in a note on Nov. 24.
“Prospective refining capacity additions in India as of 2012 may up the
amount of Middle Eastern crude purchased by companies considerably,” JBC
said. Saudi Arabia will increase oil shipments to some Indian refiners next
year as they add plants and seek alternative supplies after a payment
dispute with Iran, four people with direct knowledge of the plans said Nov.
15.
“Looking forward, the outlook for sour grades remains decidedly bullish,”
JBC said in a Nov. 28 note.
Crude shipments from Saudi Arabia to the Asia-Pacific region were 4.26
million barrels a day in 2010, or about 64 percent of total exports,
according to OPEC’s annual statisticalbulletin.
The country pumped 9.55 million barrels a day in October, according to a
Bloomberg News survey of
oil
companies, producers and analysts.
| Fri Dec 2, 2011 3:47pm EST
TORONTO (Reuters) - Canada believes
the United States will ultimately approve TransCanada Corp's proposed
Keystone XL pipeline, which Washington put on hold last month amid fierce
environmental opposition, Natural Resources Minister Joe Oliver said on
Friday.
The $7 billion oil pipeline to Texas from Alberta, as well as a new
pipeline to Canada's West Coast, are crucial to preventing a costly
bottleneck in export capacity over the next four to seven years as oil sands
production jumps, Oliver said.
Keystone XL, which would carry oil sands-derived crude to numerous
refineries on the Gulf of
Mexico, still makes enormous economic sense for the United States, he
told a Reuters editorial board in Toronto.
"I think it will go through, but obviously later than we had hoped,"
Oliver said.
A recent decision by the state of Nebraska to back a shift in the
pipeline's route, away from a major aquifer, was "a significant
development", he said.
Oliver's comments were among the most bullish from Canada's Conservative
government since Washington announced the Keystone go-ahead decision would
be delayed at least until early 2013, after next year's U.S. presidential
election.
The postponement was a big blow to Ottawa, which has made bolstering
exports of crude from the tar sands - the world's third-largest oil deposit
- a top policy priority and one that has kicked off a lobbying effort
spanning three continents.
"This delay is not a happy event for us, but we're going to continue to
talk about the advantages of the pipeline," Oliver said. Those include jobs,
economic activity and reliable energy supplies, he said.
Washington's move followed protests by environmental campaigners and
Hollywood celebrities, who warn that exploitation of the oil sands is
causing a huge spike in greenhouse gas emissions.
The demonstrations intensified after a U.S. environmental impact
assessment concluded that the pipeline, which would carry 700,000 barrels a
day, would have limited ecological impact, Oliver said. He said much of the
opposition in the United States was from groups opposed to all hydrocarbon
development.
Oliver said the delay showed the importance of diversifying Canada's oil
exports, in particular by developing pipelines to the Pacific Coast, which
would allow major shipments to Asia for the first time.
The concept, which he called a "nation-building exercise", is already
sparking friction with aboriginal groups and environmental activists, who
say such pipelines would present oil-spill risks in environmentally
sensitive areas in the British Columbia interior and in coastal waters.
More than 60 British Columbia aboriginal groups flexed their muscles on
Thursday by saying they had formed a united front to oppose all exports of
crude oil from the Alberta tar sands through their territories.
Such a ban would create a roadblock for Enbridge Inc's planned C$5.5
billion ($5.4 billion) Northern Gateway pipeline, which would transport tar
sands crude to the British Columbia coast.
Oliver would not speculate on what the legal implications for the
government might be if native communities maintain their opposition to the
Northern Gateway or subsequent proposals.
Enbridge has said it is still in talks with native communities, offering
a 10 percent interest in the project and as much as C$1 billion of community
development money. One group, the Gitxsan First Nation, said on Friday it
had agreed to support the pipeline, saying it would get C$7 million in
benefits.
"It has to be built in a way that takes into account the environmental
impact and the needs and the wishes of the aboriginal community," Oliver
said. "I think that can be done. I'm not saying it will be easy."
West Coast oil routes represent "an enormous opportunity" for aboriginal
groups, offering badly needed economic development, education and jobs, he
added.
The Canadian Association of Petroleum Producers, the industry's main
lobby group, has said production could approach export capacity as early as
2015 without new pipelines and that could slow investment.
Oliver said expansions to current systems could push that out to 2018,
but the issue remained crucial and showed the need to move forward with his
plans to streamline approvals major projects.
"This decade we're going to confront that issue," he said. "It's a really
big issue. That's the key reason why I think improving the regulatory
process is a key objective."
($1=$1.02 Canadian)
(Editing by Peter Galloway and Rob Wilson)
]
************
NOTE FROM DEE: WE SHOULD MENTION THAT Lindsay WILLIAMS WHO WAS THE
PREACHER FOR THE OIL DRILLERS IN ALASKA FOR SEVERAL YEARS AND NOW THE
SPOKESMAN FOR THE WORLD'S ELITE HAS SAID THAT THE DRILLING FOR OIL IN
PRUDHOE BAY IS CALLED SATAN'S OIL HOLE BECAUSE THE DRILL HOLE IS SO
DEEP AND SO DANGEROUS
LINDSAY WILLIAMS ALSO HAS SAID THAT THE WORLD ELITE PLANNED TO TAKE OVER
SEVEN COUNTRIES, BUT THEY SAID THEY WILL NOT IGO AFTER SAUDI ARABIA UNTIL
THEY TAKE DOWN SYRIA FIRST. THAT IS STARTNG RIGHT NOW
ALSO KEEP IN MIND WHAT HAPPENED WITH THE GUI;F OIL; DISASTER
-
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Liberty Project, Alaska, United States of America
British Petroleum's (BP) Liberty offshore oilfield is located four miles
off the northern coast of Alaska in Foggy Island Bay in the Beaufort Sea.
The estimated recoverable reserves of the oilfield are approximately 100
million barrels of oil and 78 billion cubic feet of natural gas. The
oilfield is expected to produce more than 40,000bpd.
BP is investing $1.5bn in developing the project. Production from the
field is expected to last for 20-40 years. BP plans to develop the oilfield
from its existing facilities in the Endicott field in Prudhoe Bay.
Production from the oilfield will be carried out using the world's first
ultra extended reach drilling (u-ERD) technology.
In July 2010 BP announced that it would start development drilling for
the Liberty project in 2011.
The project was originally scheduled to start production in 2011 with
development drilling commencing towards the end of 2010.
The project has come under criticism following BP's Deepwater Horizon
explosion in the Gulf of Mexico.
BP is delaying the field development due to increased scrutiny from state
and federal officials. The field is now expected to start production in
2013.
Liberty rig
Liberty rig
"The Liberty oilfield is expected to produce more than 40,000bpd."
Drilling activities for the Liberty oilfield will be carried out using
the massive Liberty rig. BP contracted Parker Drilling to construct the rig,
which involved a total cost of $215m. As of April 2010, assembly of the rig
is nearing completion at BP's Endicott facilities.
The rig was constructed at Vancouver, British Columbia, Canada, and
brought to BP's Endicott facilities by a 400ft long and 105ft wide
heavy-lift barge constructed by Crowley Maritime Corp. On completion of
assembly, the rig will be 240ft high.
The Liberty rig will be fitted with eight 2,640hp engines and powered by
natural gas. The top drive of the rig will be 105,000ft / lbs of torque. The
rig will have the capacity to accommodate 84 people.
To withstand the Arctic conditions, the rig is being constructed using
low temperature-tolerant steel. Thermal sound dampening insulation has also
been provided for the rig. An integrated control system will provide
centralised monitoring, command and management facilities.
Field development
Drilling activities for the Liberty oilfield will be carried out from
BP's Endicott Satellite Drilling Island. The man-made gravel island will be
expanded to accommodate the drilling activities and production facilities of
the Liberty field. BP originally planned to build an offshore gravel island
above the Liberty field but dropped the idea due to the huge costs involved.
The Liberty field's wells are situated eight miles from the Endicott
field. About six wells will be required for starting full production of the
field. Four of the wells will produce oil and the other two will be used for
injecting water into the field. The first well will be drilled to infuse
drilling fluids, following which work on the four production wells will be
started.
BP will use advanced 3D seismic surveying to determine the exact targets
for the Liberty wells. The seismic survey transmits sound signals from the
surface, which are echoed from subsurface rock formations. The signals are
then used to generate detailed three dimensional images of the subsurface.
"The Liberty rig will be fitted with eight 2,640hp engines and powered
by natural gas."
The seismic survey was required to ensure that no obstacles are
encountered while drilling. Any unexpected obstacles can lead to a bend in
the well which extends the drag on the drill pipe.
As a result, additional force will need to be applied to the pipe, which can
hamper drilling activities.
The u-ERD technology used to develop the field will extend the reach of
the wells to world-record distances of 34,000-44,000ft.
The wells will follow a vertical path beneath the drilling rig and then
turn to a horizontal position in the direction of the field. The well will
again bend into a vertical position and penetrate into the field reservoir.
The length of the wells will require fluid pressures of about 7,500lb / in²
to pump oil from the reservoir.
Liberty discovery
The first well of the Liberty oilfield was discovered by BP in May 1997.
BP presented a development programme for the field in February 1998 to the
US Minerals Management Service (MMS).
In 2002, the US MMS disapproved the plan due to environmental concerns.
As a result, development of the field was put on hold. Following BP's
decision to use ultra-extended-reach drilling, development began in 2005.
Pipeline
The oil produced from the Liberty field will be transferred to the
trans-Alaska oil pipeline through the Endicott sales-oil pipeline.
Liberty project contracts
M-I SWACO will provide the front end engineering design for fluids and
environmental solutions for the field. Parker Drilling was contracted in
2006 to construct the Liberty rig. Parker Drilling won an additional
contract in 2009 to carry out the rig's operations and maintenance.
"Worley Parsons provided the conceptual evaluation and system design,
pipeline design and pipe-in-pipe system configurations."
Worley Parsons was contracted to provide the conceptual evaluation and
system design, pipeline design and pipe-in-pipe system configurations.
Worley also provided the design of the offshore pipeline system, and its
maintenance and repair procedures. In addition, the company provided
assistance in obtaining permits.
In 2008, Worley subcontracted ProSep Technologies to supply an inlet
separator, discharge scrubbers and an inline deliquidiser for the project.
In February 2009, ProSep won the contract to supply a multiphase carbon
steel separator with internals for the project.
Among other contractors Alaska Industrial Construction carried out
construction of bridges for the project. The contract for island
construction was awarded to Nanuq and Alaska Frontier Constructors. Arctic
Slope Regional Corporation carried out engineering and power module
fabrication. A three-storey rig camp was constructed by Delta Leasing.
Lindsey Williams
Special Report: The Liberty Rig, Gull Island to be Tapped!!
Key points: $5 a gallon gas all summer but long term plan is still
$150-$200
Obama will continue wars in the middle east with the aim of deposing all
governments so oil production will cease (last to fall will be Saudi
Arabia)
BP Liberty oil rig in Prudhoe Bay Alaska is being prepared to develop a
massive reserve once oil stops coming out of the middle east
(http://www.offshore-technology.com/projects/liberty-project/)
Gold & Silver prices will remain relatively constant until around
September when they will start to go up
The US will default on the national debt
Long term be concerned about Russia and China presumably because they
will be pissed once the US defaults and the bonds are
Lindsey Williams : Obama
Must Destroy Middle East, Reduce House of Saud to Desert Vagabonds
Key points: $5 a gallon gas all summer but long term plan is still
$150-$200
Obama will continue wars in the middle east with the aim of deposing all
governments so oil production will cease (last to fall will be Saudi
Arabia)
BP Liberty oil rig in Prudhoe Bay Alaska is being prepared to develop a
massive reserve once oil stops coming out of the middle east
(http://www.offshore-technology.com/projects/liberty-project/)
Gold & Silver prices will remain relatively constant until around
September when they will start to go up
The US will default on the national debt
Long term be concerned about Russia and China presumably because they
will be pissed once the US defaults and the bonds are worthless.
QUOTE |
Liberty is
considered one of the most advanced offshore drilling
projects in the world because it requires drilling the
world's longest wells -- eight miles long and two miles
deep. It's the biggest oil development project under way
in Alaska. |
|
|
|
Lindsey williams:liberty drill at gull island
Submitted by
ruckmanite on Thu, 07/07/2011 - 19:03
https://northslopeoil.wordpress.com/2010/04/20/liberty-exten...
"Liberty is being developed from the shore, using the existing
artificial islands and causeway developed for Endicott. Here’s an
aerial photo of the Endicott facility east of Prudhoe Bay that will
be used to produce Liberty"..
The drill rig, the most powerful in the world, was recently
raised "
video Liberty drill rig construction project memories Endicott
sdi Prudhoe Bay Alaska
http://www.youtube.com/watch?v=Kc6d6hG3rzo
Lindsey Williams on the gull island drill
rig.http://lindseywilliams101.blogspot.com/2011/06/lindsey-williams-liberty-rig-gull.html
WHO OWNS BP? BRITISH PETROLEUM?
BP is a publicly traded stock company. 79 institutions and 21 individuals
hold 100% of the stock, according to BP's website.
According to Corporatewatch.org, the top institutional holders and top
mutual fund holders are as follows:
BP Group is the top level of the company hierarchy. For organisational
purposes Group is divided into 4 divisions: Exploration & production, Oil,
Chemicals and Gas & Power (see divisional chief executives above). Figures
for production volumes and financial performance are reported separately for
each division in BPs quarterly Financial and Operating Information. Most
senior figures within BP Group including John Browne himself have made their
way up through exploration and production, and despite BPs re-branding as an
environmentally aware energy company it is this division which continues to
drive the direction of the group.
Top Institutional Holders of BP[110] |
Shares |
Value |
|
|
|
State Street Corporation |
74,838,292 |
$3,708,237,369 |
FMR Corporation(Fidelity Management & Research Corp) |
45,746,425 |
$2,266,735,359 |
AXA Financial, Inc. |
44,415,420 |
$2,200,784,061 |
UBS Warburg LLC |
16,933,090 |
$839,034,610 |
Morgan Stanley Dean Witter & Company |
16,617,457 |
$823,394,994 |
Barrow, Hanley Mewhinney & Strauss, Inc. |
15,631,424 |
$774,537,059 |
Bank of America Corporation |
15,402,166 |
$763,177,325 |
Citigroup Inc. |
13,230,389 |
$655,565,775 |
First Union Corporation |
12,831,490 |
$635,800,330 |
State Farm Mutual Automobile Insurance Co |
12,228,148 |
$605,904,733 |
Top Mutual Fund Holders of BP[111] |
Shares |
Value |
|
|
|
Fidelity Contrafund Inc |
11,639,166 |
$576,720,675 |
Vanguard/Windsor II |
11,098,572 |
$549,934,243 |
Alliance Premier Growth Fund |
8,291,672 |
$410,852,348 |
Fidelity Growth And Income Portfolio |
7,362,220 |
$364,798,001 |
Fidelity Equity-Income Fund |
7,162,404 |
$354,897,118 |
Massachusetts Investors Trust |
6,858,598 |
$339,843,531 |
Fidelity Magellan Fund Inc |
6,368,842 |
$315,576,121 |
Variable Insurance Products... |
|
|
Fd-Equity-Income Portfolio |
5,970,742 |
$295,850,266 |
Putnam Fund For Growth And Income |
5,825,526 |
$288,654,813 |
Price (T.Rowe) Equity Income Fund |
5,071,026 |
$251,269,338 |
Sutherland, Peter D.
Co-Chairman of the Board
Age: 53
Peter Sutherland was a non-executive director of BP from 1990 to 1993 and
rejoined the board in 1995, he was appointed chairman of BP in May 1997
[49]. His other interests include chairmanship of Goldman Sachs
International and a position as a non-executive director of
Telefonaktiebolaget LM Ericsson, Investor AB and ABB [50]. In addition, he
is on the advisory board of the US 'Council on Foreign Relations' [51] who
at July 9th, 2001 bear the headline "The Collapse of the Kyoto Protocol and
the Struggle to Slow Global Warming" on the front page of their website
[52]. Sutherland is also chairman of the US 'Overseas Development Council'
who work to emphasise 'America's national interests in multilateral
engagement' [53].
Buchanan, John G.
Chief Financial Officer
Age: 56
John Buchanan, chief financial officer, was appointed an executive director
of BP in 1996. He is a non-executive director of Boots, the UK cosmetics and
pharmaceuticals retailer and a member of the UK Accounting Standards Board
[54].
Block, Ruth S.
Director
Age: 69
One of only 2 women at the top of the company Ruth Block joined Amoco's
board in 1986 [55]. She retired as executive vice president and chief
insurance officer of The Equitable (The UK insurer) in 1987 [56]. She is a
non-executive director of Ecolab [57] who serve clients within the fields of
Agribusiness, Building Servives, Dairy Processing, healthcare,
pharmaceuticals, Pest Elimination and vehicle services [58]. She is also a
director of Alliance Capital Mutual Funds (www.alliancecapital.com)
Bryan, John H.,
Position: Director
Age: 63
John Bryan joined Amoco's board in 1982, he is also chairman and chief
executive officer of Sara Lee Corporation [59] who manufacture and market
foods, underwear and household products worldwide [60]. He is also a
non-executive director of Bank One Corporation (www.bankone.com),
General Motors Corporation and Goldman Sachs [61].
Davis, Jr. Erroll B.
Director
Age: 55
Erroll B. Davis, Jr. joined Amoco's board in 1991. He is president and chief
executive officer of Alliant Energy [62], which is an energy provider to
consumers in the American mid-west [63]. He is a non-executive director of
PPG Industries [64] which provides materials for manufacturing,
construction, automotive industry and chemical processing [65]. In addition
he is a member of the American Society of Corporate Executives and the
Association of Edison Illuminating Companies [66], the association for US
and international (shareholder-owned) electric companies [67]. He is also a
member of the Wisconsin Association of Manufacturers and Commerce, the Iowa
Business Council and the Edison Electric Institute: [68] 'The association of
US shareholder-owned electric utilities and international affiliates' [69].
He is a member of the Nuclear Energy Institute, [70] whose purpose is to
foster and encourage the continued safe utilization and development of
nuclear energy in the US [71]. He is also a trustee of Carnegie Mellon
University [72].
Ferris, Richard J.
Director
Age: 63
Richard Ferris joined Amoco's board in 1981. He retired as co-chairman of
Doubletree Corporation [73] which manages resorts and business hotels [74],
in 1997. He is a non-executive director of The Proctor & Gamble Company [75]
(Pharmaceuticals & Cosmetics).
Knight, Charles F.
Director
Age: 64
Charles Knight joined BP's board in 1987. He is chairman and chief executive
officer of Emerson Electric [76] who supply hi-tech engineering equipment to
companies including BP [77] and is a non-executive director of
Anheuser-Busch [78] whose operations are focused on beer, adventure park
entertainment and packaging [79] and of Morgan Stanley Dean Witter [80],
Financial services (www.morganstanley.com),
IBM and SBC Communications [81], the US telecomunications Company [82].
Maljers, Floris A.
Director
Age: 66
Floris Maljers joined Amoco's board in 1994. He is a member of the
supervisory boards of SHV Holding [83] whose business encompasses LPG, Food,
Recycling and Venture Capital; [84] Vendex N.V. [85] who market consumer
goods in the Netherlands, Belgium, France, Germany, and the US; [86] and KLM
Royal Dutch Airlines [87]. He is chairman of the supervisory board of the
Amsterdam Concertgebouw and Rotterdam School of Management, Erasmus
University [88].
Massey, Walter E.
Position: Director
Age: 61
Walter Massey first joined Amoco's board from 1983 to 1991, he rejoined in
1993. He is president of Morehouse College and is a non-executive director
of Motorola (electronics company), Bank of America, McDonald's Corporation
(fast food), the Mellon Foundation and the Commonwealth Fund [89], a private
foundation which funds research on health [90].
Miles, H. Michael P.
Director
Age: 63
Michael Miles joined BP's board in 1994. He is chairman of Johnson Matthey
and a non-executive director of ING Baring Holdings and BICC [91], both
finance companies.
Nicholson, Robin
Director
Age: 65
Sir Robin joined BP's board in 1987, his past positions include chairmanship
of Pilkington Optronics from which he retired in November 1998 [92].
Pilkington is the leading UK supplier of Electro-optic equipment [93]. He is
a non-executive director of Rolls-Royce [94] the UK based automobile,
aerospace and arms company, and a member of the UK Government's Council for
Science and Technology [95].
Prosser, Ian
Deputy Chairman of the Board
Age: 56
Sir Ian joined BP's board in 1997 and was appointed deputy chairman in
February 1999. He is chairman and chief executive of Bass (UK Brewers), a
non-executive director of Glaxo-SmithKline (Pharmaceuticals) and vice
president of the council of the Brewers and Licensed Retailers Association
(UK) [96].
Wilson, Michael H.
Director
Age: 62
Wilson joined the board of Amoco in 1993, His other interests include his
position as vice chairman and a director of RBC Dominion Securities and as a
non-executive director of Manufacturers Life Insurance Company and of Rio
Algom [97].
Wilson, Robert
Director
Age: 56
Sir Robert joined BP's board in July 1998. He is chairman of Rio Tinto, the
notorious mining corporation and a non-executive director of Diageo [98]
(Food and drink corporation [99]).
Wright, Lord
Director
Age: 68
Wright joined BP's board in 1991, having previously been Permanent
Under-Secretary and Head of the UK Diplomatic Service. He is a non-executive
director of De La Rue [100] the global 'cash transactions' business [101].
Hanratty, Judith C.
Secretary
Age: 56
Judith Hanratty joined BP in London in 1986 and was appointed company
secretary in October 1994. She is a nominated member of the Council of
Lloyds (the London Insurance Market), a member of the Competition Commission
(formerly the UK Monopolies and Mergers Commission), and a member of the
Listing Authorities Committee of The London Stock Exchange and the Takeover
Panel (UK). She is also a governor of the College of Law and a Fellow of
Lucy Cavendish College, Cambridge [102].
Browne, John
Group Chief Executive, Director
Age: 52
Often the public face of BP, Lord Browne was appointed an executive director
in 1991 and group chief executive in 1995. He is a non-executive director of
Goldman Sachs Group and of Intel Corporation (computer components); a
trustee of the British Museum and a member of the supervisory board of
Daimler Chrysler (automobile manufacturers). He is also vice president and a
member of the board of the Prince of Wales' Business Leaders Forum [103]. He
is said to be a cool-headed man who lives and breathes BP. He's one of the
key characters credited with turning BP around since 1992.
Chase, Rodney F.
Deputy Group Chief Executive, Director
Age: 56
Rodney Chase was appointed an executive director of BP in 1992. When not at
the helm of BP, he is a non-executive director of Diageo (Food and drink
corporation) and the BOC Group [104] (chemicals).
Ford, Doug,
Chief Executive, Refining and Marketing
Age: 56
Doug Ford held a position as an executive vice president of Amoco from 1993
until January 2000 when he was appointed an executive director of BP Amoco.
He is a non-executive director of USG Corporation [105] a US Fortune 500
corporation and manufacturer of building materials for the US construction
industry [106].
Gibson-Smith, Chris S.
Executive Director, Policies and Technology
Age: 54
Chris Gibson-Smith, was appointed an executive director of BP in 1997. He is
a non-executive director of Lloyds-TSB [107], the UK Bank.
Olver, Richard L.
Chief Executive, Exploration and Production
Age: 53
Dick Olver, was appointed an executive director of BP in January 1998, he is
also a non-executive director of Reuters Group [108] (News Agency).
Sanderson, Bryan
Chief Executive, Chemicals
Age: 59
Bryan Sanderson, was appointed an executive director of BP in 1992. He is
chairman of Sunderland PLC, the British Football Club and a non-executive
director of Corus, the UK Metals group, (http://www.corusgroup.com).
He is president of CEFIC: the European Chemical Industry Council and vice
president of the court of governors of the London School of Economics [109].
BP PLC, registered in England at Britannic House, 1 Finsbury Circus, London,
is the overall BP holding company.
First order subsidiaries of BP PLC include many national and regional
divisions of BP such as: BP (Indian agencies) Ltd, BP Africa Ltd and BP
China Ltd (all registered in England) The most notable first order
subsidiary remains BP International Ltd (registered in England). Below the
BP international umbrella lie many further subsidiaries such as BP America
holdings Ltd (registered in England), BP America Inc (registered in USA) and
BP Chemicals (International) Ltd (registered in England). Exploration and
production (Ex-Pro.) is mostly divided into national subsidiaries under the
BP Exploration Operating Co. Ltd, Ex-Pro. Subsidiaries include, for example:
BP Exploration (Angola) Ltd and BP Exploration (Caspian Sea) Ltd.
Most BP subsidiaries can be recognised by the BP or Amoco name although
others include The Standard Oil Co. Inc and more obscure examples such as
Grangemouth Polypropylene Ltd. Wholly owned UK subsidiaries are suffixed by
the letters Ltd (Limited Liability Company) and most US subsidiaries by the
letters Inc. (Incorporated). A full list of subsidiaries can be found in Who
owns Whom (vol.1 - UK & Ireland) available in the UK at most major
libraries.
ARE ANY OF THESE PEOPLE ONE
OF THE WORLD'S ELITE?
NOTE FROM DEE: YOU WILL SEE THAT I DO MY HOMEWORK:
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2011. WHAT THE RULING ELITE ARE PLANNING NEXT FOR YOU!
LINDAY WILLIAMS TELLS ABOUT THE RULERS OF THE WORLD. 12
people make all the rules. They know everything.
www.greatdreams.com/political/ruling-elite-plans.html
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Cached
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Who's Who of the Elite. Members of the: Bilderbergs, ...
It is then that all people of the world will plead with
world leaders to deliver them from this evil.
www.greatdreams.com/global-nwo.htm
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End of oil means end of
world’s financial system, something ... [another full time
member of the Bilderberger elite] published on March 30,
2005 ...
www.greatdreams.com/nwo.htm
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Cached
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"The world's energy consumption is ... the wealth of the
region is concentrated in the hands of an elite few. The
facade ...
www.greatdreams.com/political/brzezinski-news.htm
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The supranational sovereignty of an intellectual elite
and world bankers is surely preferable to the national
autodetermination practiced in past centuries."
www.greatdreams.com/new_world_order_controls.htm
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Cached
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It is hard to be detached from the devastation that is occurring
all around the world. Many ... rent Mars for 1,000 years
so the world elite could get the ...
www.greatdreams.com/blog/dee-blog29.html
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Cached
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House of Bush-House of Saud, The Secret Relationship between the
World's Two Most Powerful Dynasties, by Craig ... Secret
Societies of America's Elite ...
www.greatdreams.com/political/bush-not-done.htm
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Cached
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Wealthiest in the World. ... The ultra-rich are very
likely members of the Inner Circle of the Elite and do
not want their massive wealth to be known by the public ...
www.greatdreams.com/wealthiest.htm -
Cached
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Some of the world's wealthiest transnational
corporations: Bayer - from the ex-Nazi company IG Farben ; ...
implemented by the New World Order Elite, ...
www.greatdreams.com/who-runs-the-world.html
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2011. WHAT THE RULING ELITE ARE PLANNING NEXT FOR YOU!
LINDAY WILLIMS TELLS ABOUT THE RULERS OF THE WORLD. 12
people make all the rules. They know everything.
www.greatdreams.com/political/ruling-elite-plans.html
-
Cached
-
Who's Who of the Elite. Members of the: Bilderbergs, ...
It is then that all people of the world will plead with
world leaders to deliver them from this evil.
www.greatdreams.com/global-nwo.htm
LINDSAY WILLIAMS VIDEOS:
http://www.youtube.com/results?search_query=lindsay+williams&oq=lindsay+williams&aq=f&aqi=g-s10&aql=&gs_sm=e&gs_upl=15781l30083l0l30993l16l16l0l2l2l0l501l3926l0.6.3.3.1.1l14l0
ALL ABOUT REVELATION AND DANIEL'S PROPHECIES: