For Years, The New York Times Has Run "Oil & Money," A High-Dollar Summit For The Global Oil Industry

Posted by Brad Johnson Mon, 10 Jun 2019 23:46:00 GMT

The New York Times has for years also hosted a high-priced global summit for the chieftains of Big Oil.

The Oil & Money summit, which occurs each October in London, will meet for the fortieth time this October 8th to 10th at the luxury Intercontinental London Park Lane hotel. Top speakers this year include the CEOs of BP and Royal Dutch Shell, and the oil ministers of Qatar and Iraq.

The theme, “Strategies for the Energy Transition,” “reflects the crossroads at which the energy industry now finds itself:”

Advances in technology, ranging from electric vehicles and battery charging to solar and wind power promise extensive disruption to existing patterns of energy usage and threaten the dominance of oil and gas in areas like transportation and power generation. But at the same time, technology breakthroughs in other fields have made the exploration and development of petroleum resources cheaper, safer and more efficient.

The overview politely avoids mention of fossil-fueled global warming, referring only to how the oil and gas industry is “harnessing new technologies” to “reduce its carbon footprint.”

The first day’s focus is the natural gas industry—two of the sessions do explicitly mention climate change, in the context of environmentally conscious investors and the promotion of natural gas “as a bridge fuel to a lower carbon economy.”

The second day’s focus is on the geopolitics of the global oil market; the third day discusses what’s needed to keep the U.S. fracking boom going (“technology holds the key to sustaining US tight oil growth once all the best sweet spots have been produced”) and the threat of electric vehicles to the oil industry.

At no point does it appear that the threat of civilizational collapse due to the continued combustion of fossil fuels, nor the industry’s decades-long campaign to thwart government regulation of climate pollution, will be discussed.

Tickets to the summit are $4,195; for another $795 attendees get the benefit of “Toasting the Energy Intelligence Petroleum Executive of the Year with colleagues and clients at the prestigious annual gala dinner.” This year’s honoree is Ben van Beurden, CEO of Royal Dutch Shell.

With about 500 attendees, this one conference raises over two million dollars for the Times and its co-host, the industry publisher Energy Intelligence.

A handful of young oil and gas professionals get to attend the conference with the ironically named “Energy Leaders for Tomorrow” sponsorship.

The New York Times Company’s president of its international business, Stephen Dunbar-Johnson, will be opening the summit. On Twitter, he has frequently professed great concern about the Trump administration’s attacks on climate policy. He has not indicated how he will address the world’s lords of oil.

Climate activists have protested the “climate criminals” at the conference the past several years.

In a statement to DeSmog UK in 2018, a New York Times Company spokeswoman said the conference would “address the transition to a low carbon economy, an issue which has been covered extensively by The New York Times. That transition is unlikely to occur without the participation of the world’s largest energy companies.”

A newer addition to the New York Times Conferences line-up is the New Rules Summit, where the New York Times calls on leaders “to create a boldly inclusive vision of the workplace— and transform it into reality.” Its speakers reflect that mission- 29 of 34 are women, the majority non-white. The New York Times does not appear to be calling on Oil & Money attendees to do the same—only two of the 53 speakers are women. There do not appear to be any black speakers.

The Times’ editorial board purports that “most sentient people agree the world must rapidly wean itself from” fossil fuels “or risk ecological and social disaster.”

By that measure, the Times’ involvement in helping ExxonMobil develop climate-denial and greenwashing advertorials on its pages and website, as well as its organization of the Oil & Money Conference, puts into question the sentience of its leadership.

Oil & Gas Companies in attendance:

  • Amoco
  • Bapetco
  • BP
  • Cepsa
  • Chevron
  • ConocoPhillips
  • Eni
  • Esso Petroleum
  • ExxonMobil
  • Gasterra
  • GE Oil & Gas
  • Igas
  • Jogmec
  • Lukoil
  • Mol
  • Omv
  • Oryx
  • Pluspetrol
  • Premier Oil
  • Repsol
  • Royal Dutch Shell
  • Scimitar
  • Total
  • Tullow Oil

National Oil Companies

  • Adnoc
  • Gazprom
  • Kuwait Petroleum
  • Pemex
  • Petroleos De Venezuela
  • Polish Oil And Gas
  • Qatar Petroleum
  • Qatar Gas
  • Rosneft
  • Saudi Aramco
  • Sonangol
  • Socar Equinor

Advisory Services

  • Accenture
  • Bain Company
  • The Boston Consulting Group
  • EY
  • Halliburton
  • Husseini Energy
  • L1 Energy
  • KBC
  • Mckinsey Company
  • Schlumberger
  • SBM Offshore
  • Weatherford

Financial Services

  • Adia
  • Atlas Invest
  • Bank Of America
  • MUFG
  • Barclays
  • BNP Paribas
  • Blackrock
  • Carlyle Group
  • CHS
  • CIBC
  • First Reserve
  • Glencore
  • Goldman Sachs
  • Gunvor
  • Moody’s Investors
  • Morgan Stanley
  • Mubadala
  • Riverstone
  • Schroders
  • UBS

Government And Academic Institutions

  • ANH
  • Executive Affairs Authority
  • French Embassy UK
  • House Of Commons
  • House Of Lords
  • IEA
  • Oil & Gas Authority
  • OPEC
  • UK Trade & Investment
  • US EIA
  • Sciences PO
  • University Of Notre Dame
  • University Of Texas

Responsible Stewardship of U.S. Offshore Oil and Natural Gas Development 4

Posted by Brad Johnson Thu, 13 Jan 2011 15:00:00 GMT

Speaker
  • Michael R. Bromwich, Director, Bureau of Ocean Energy Management, Regulation and Enforcement

CSIS B1 Conference Center
1800 K Street, NW
Washington, DC 20006

The CSIS Energy and National Security Program invites you to a discussion with Michael R. Bromwich, Director of the Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE). Mr. Bromwich will discuss the bureau’s continuing effort to provide responsible stewardship of U.S. offshore oil and natural gas development. Frank A. Verrastro, Senior Vice President and Director of the Energy and National Security Program at CSIS will moderate.

On June 21, 2010 Secretary of the Interior Ken Salazar swore-in former Justice Department Inspector General Michael R. Bromwich as Director of the Bureau of Ocean Energy Management, Regulation and Enforcement to lead reforms that will strengthen oversight and regulation of offshore oil and gas development. Mr. Bromwich is overseeing the fundamental restructuring of the former Minerals Management Service, which was responsible for overseeing oil and gas development on the Outer Continental Shelf.

In response to the April 2010 explosion of the Deepwater Horizon offshore drilling rig and the resulting oil spill, CSIS developed the “Impacts of the Gulf Oil Spill Series.” The project is designed to inform the ongoing public debate by examining the complex interconnections between exploration, risk, regulatory environments, and economic consequences.

This session will be on the record. Registration is required. Please register no later than close of business on Wednesday, January 12th.

Please send your confirmation to energy@csis.org.

Deepwater Horizon Marine Board of Investigation Public Hearing Day Six 20

Posted by Brad Johnson Sat, 29 May 2010 13:00:00 GMT

The public hearing for the joint investigation is scheduled to continue May 26-29, 8 a.m. to 5 p.m. (CDT) at the Radisson New Orleans Airport, 2150 Veterans Blvd., Kenner, LA – Bayou Meeting Room. Mr. David Dykes, MMS, and Captain Hung Nguyen, USCG, are the co-chairs of the joint investigation.

Witnesses
  • Micah Sandell – Transocean
  • Paul Meinhart – Transocean
  • Charles Credeur – Dril-Quip
  • Micah Burgess – Transocean
  • Allen Seraile – Transocean
  • Heber Morales – Transocean
  • Pat O’Bryan – BP
  • David Sims – BP

Deepwater Horizon Marine Board of Investigation Public Hearing Day Five 11

Posted by Brad Johnson Fri, 28 May 2010 13:00:00 GMT

The public hearing for the joint investigation is scheduled to continue May 26-29, 8 a.m. to 5 p.m. (CDT) at the Radisson New Orleans Airport, 2150 Veterans Blvd., Kenner, LA – Bayou Meeting Room. Mr. David Dykes, MMS, and Captain Hung Nguyen, USCG, are the co-chairs of the joint investigation.

Witnesses
  • Mark Hafle – BP
  • Christopher Pleasant – Transocean
  • Greg Meche – M I Swaco
  • Joseph Keith – Halliburton
  • Christopher Haire – Halliburton
  • Miles Ezell – Transocean
  • William Stoner – Transocean

Deepwater Horizon Marine Board of Investigation Public Hearing Day Four

Posted by Brad Johnson Thu, 27 May 2010 13:00:00 GMT

The public hearing for the joint investigation is scheduled to continue May 26-29, 8 a.m. to 5 p.m. (CDT) at the Radisson New Orleans Airport, 2150 Veterans Blvd., Kenner, LA – Bayou Meeting Room. Mr. David Dykes, MMS, and Captain Hung Nguyen, USCG, are the co-chairs of the joint investigation.

Harrell and Vidrine argued over the drilling plan on the day of the explosion.

Witnesses
  • James Mansfield – Transocean
  • Jonathan Keeton – Transocean
  • Jimmy Wayne Harrell, Rig Manager, Transocean
  • Donald Vidrine – BP
  • Curt Kuchta – Transocean
  • Robert Kaluza – BP
  • David Young – Transocean
  • Chad Murray – Transocean

Deepwater Horizon Marine Board of Investigation Public Hearing Day Three 3

Posted by Brad Johnson Wed, 26 May 2010 13:00:00 GMT

The public hearing for the joint investigation is scheduled to continue May 26-29, 8 a.m. to 5 p.m. (CDT) at the Radisson New Orleans Airport, 2150 Veterans Blvd., Kenner, LA – Bayou Meeting Room. Mr. David Dykes, MMS, and Captain Hung Nguyen, USCG, are the co-chairs of the joint investigation.

Witnesses
  • Carl Smith – Consultant
  • Douglass Brown – Transocean
  • Forsythe – American Bureau of Shipping (ABS)
  • Roy – American Bureau of Shipping (ABS)
  • David McKay – Det Norske Veritias (DNV)
  • Steve Tink – BP
  • Adrian Rose – Transocean
  • Paul Johnson – Transocean

Chris Matthews Tells Obama to Kill BP's Disaster Capitalism 24

Posted by Wonk Room Tue, 25 May 2010 13:41:00 GMT

From the Wonk Room.

On Monday, May 17, MSNBC’s Chris Matthews erupted in anger at the oil disaster unfolding in the Gulf of Mexico. Matthews expressed his rage at the profits BP continues to reap as it fails to fix the growing environmental apocalypse. He also criticized the behavior of the Obama administration, which has let the foreign oil giant control much of the disaster response. Matthews wondered why President Obama doesn’t “nationalize that industry and get the job done” and noted that in the “brutal society” of China, “they execute people for this.”

It is maddening that our government is – everybody says, “Capitalism is great. Unbridled free enterprise is great.” Look at it!

Matthews decried the moral hazard created by privatized profit and socialized risk. Matthews concluded by calling out the “millions of people in the American right” who deny the threats of climate change and other environmental catastrophes from our dependence on fossil fuels:

Millions of people in the American right who sit around and say there’s no such thing as mankind destroying his environment through climate change or whatever – there’s an example of what we’re doing right now. We can destroy our habitat on this planet, and it’s the only one we got.

Watch:

Rush Limbaugh fired back, saying Matthews is “basically asking for a dictator” with his “delusional, deranged” commentary. Matthews has repeated his criticism of BP and the administration, telling Jay Leno on May 21 that President Obama is acting like “a Vatican observer here.” On May 19, Matthews asked for “Harry Truman to come back and do the job” – making reference to Truman’s seizure of the steel industry in 1952.

Transcript:

I have a hunch that the reason they don’t want to fix this mess down there is because they would admit who did it if they fix it. Nobody is down – if this was a nuclear bomb ready to go off, we would be down there. I am so angry – I don’t even want to talk about it. I get so mad at this oil company. Why aren’t they fixing it, first of all?

...

You know, I have a suspicion – I will go back to it again – I don’t think they’re doing their best. I don‘t think there’s—the government is doing its best. Why doesn’t the president go in there and nationalize that industry and get the job done for the people? There’s a national interest in this, not just a BP interest. We’re letting BP fix a national problem.

...

In China, it’s a more brutal society, a more brutal society, Kate, but they execute people for this. Major industrial leaders that commit crimes like this. Failure like this.

This is a serious, serious problem. It is not over. It continues to destroy a part of our planet, basically. Part of our habitat, our American habitat. And everybody just sits and watches television every night and says, “Oh, well, that‘s interesting.” And these guys are still drawing their paychecks, still making their profits. The oil industry has been ballooning in profits this year, and nobody is doing anything about it, except – what are we, the Vatican observers now? We just watch? It is maddening that our government is – everybody says, “Capitalism is great. Unbridled free enterprise is great.” Look at it!

...

Millions of people in the American right who sit around and say there’s no such thing as mankind destroying his environment through climate change or whatever, there’s an example of what we’re doing right now. We can destroy our habitat on this planet, and it’s the only one we got.

Unified Area Command press briefing 15

Posted by Brad Johnson Mon, 17 May 2010 19:00:00 GMT

  • U.S. Coast Guard Rear Adm. Mary Landry
  • BP Chief Operating Officer Doug Suttles
  • MMS Regional Director of the Gulf of Mexico Region Lars Herbst

The entrance location for press conferences at the Shell Robert Training and Conference Center has changed. Members of the media will enter the facility from the back gate. The address is 23260 Shell Lane in Robert, La., 70455-1928. A Unified Area Command joint information center representative will be at the gate at 12:30 p.m., to escort media.

The call-in number for press unable to attend: (877) 918-5750. International callers use (312) 470-7364 Password – RESPONSE (73776673). Live broadcast may be available on the Digital Video Information Distribution System (DVIDS) hub, which can be accessed at www.dvidshub.net. To see the live broadcast or download video of the conference, media must register with DVIDS no later than 1:45 p.m. This can be done on the DVIDS Web site or by calling (678) 421-6612.

EPA/NOAA Dispersants Conference Call 19

Posted by Brad Johnson Wed, 12 May 2010 20:00:00 GMT

There will be a question and answer conference call with subject matter experts to discuss details regarding dispersants.

Speakers
  • Administrator Lisa P. Jackson, EPA
  • Paul Anastas, Assistant Administrator for the Office of Research and Development, EPA
  • Dana Tulis, Acting Office Director, Office of Emergency Management, EPA
  • Dr. Jane Lubchenco, Undersecretary of Commerce for Oceans and Atmosphere, NOAA
  • Dave Westerholm, Director, NOAA Office of Response and Restoration.

The call-in number for this event: (888) 324-7105. International callers use (312) 470-0116 Password – RESPONSE (73776673).

Unified Command press briefing 16

Posted by Brad Johnson Wed, 12 May 2010 19:00:00 GMT

U.S. Coast Guard Rear Adm. Mary Landry, Federal On-Scene Coordinator, BP Chief Operating Officer Doug Suttles.

Unified Command to update media on ongoing operations regarding Deepwater Horizon oil spill response efforts and progress.

Shell Robert Training and Conference Center, 23260 Shell Lane in Robert, La., 70455-1928. A Unified Area Command joint information center representative will be at the gate at 1:30 p.m., to escort media.

The call-in number for press unable to attend: (877) 918-5750. International callers use (312) 470-7364 Password – RESPONSE (73776673). Live broadcast may be available on the Digital Video Information Distribution System (DVIDS) hub, which can be accessed at www.dvidshub.net. To see the live broadcast or download video of the conference, media must register with DVIDS no later than 1:45 p.m. This can be done on the DVIDS Web site or by calling (678) 421-6612.

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