Reuters reported recently that the big oil companies are set to make a record profits of $200billion thanks to high oil and gas prices following the Russian invasion of Ukraine.
This follows the previous year in which BP, Chevron, Exxon Mobil, Shell and Total delivered huge returns to shareholders with dividends and share buybacks. Shell has already announced what others have described as an ‘obscene’ £32billion, leading to calls for a higher level of windfall tax. BP is making similar excessive amounts, its 2022 profits at £23billion more than double the previous year, yet it is also reducing its climate committments.
The oil companies are making these profits from their sales of oil and gas, still by far the largest parts of their business, and areas they are hoping to increase through further exploration and exploitation of these climate killing results. Fossil fuels remain the background of their business, and they remain dirty businesses operating with much greater concern for their profits than for the environment, making relatively small gestures to switch from polluting and carbon intensive fuels to greener alternatives.
Greenwashing is very much the name of their game both in direct publicity which magnifies their relatively small activities in renewables and in the sponsorship of cultural organisations and activities such as the special exhibition on Troy which was taking place at the British Museum in 2020.
BP’s logo, introduced in 2000 is a good example of greenwashing, replacing the older long established shield emblazoned with the letters BP. They apparently paid a huge amount to San Francisco’s Landor Associates for the new design. The new logo has a sun-like shape, with a white centre and radiating out from this yellow, light green and dark green petals, clearly an attempt to suggest their business was green and environmentally friendly. Far from the truth.
The gap between logo and reality became stark in 2010, when a huge quantity of oil spilled from their Deepwater Horizon drilling station in the Gulf of Mexico. The spill had terrible impacts on plants, birds and marine species, quite opposed to the eco-friendly message of their new logo, and Greenpeace took out a full-page advert in The Guardian to invite readers to design a more appropriate version – and you can see a gallery of some of the submissions on The Guardian web site.
The winner, by French designer Laurent Hunziker shows a black silhouette of a seabird dripping oil superimposed on the centre of the BP logo, the lower part on which the bird is standing also blacked out to represent oil in what Hunsiker described as looking “like a fatal sunset for us.”
On Saturday 8th February 2020, BP or not BP? together with other groups including Extinction Rebellion organised the biggest ever protest against BP sponsorship at the British Museum, then showing the BP-sponsored exhibition called Troy: Myth and Reality.
As the organisers stated, the name was “horribly appropriate: we’re sick of the oil industry using our arts and culture as a Trojan Horse to hide its deadly activities. BP’s sponsorship may look like a gift, but death and destruction are lurking inside. The oil giant wants to associate itself with this famous myth but in reality, just 75 miles from the site of ancient Troy, it recently completed an enormous gas pipeline in partnership with the repressive Turkish government, locking us into using more fossil fuels when we should be ditching them.”
They also point out that the Chair of Trustees of the British Museum ‘recently called climate change “the great issue of our time”. Yet the museum continues to support and promote BP, one of the corporations most responsible for the crisis.’
The protest included a large Trojan Horse which they brought into the museum courtyard, a group of protesters dressed as Greek Gods and ancient Greeks and the XR mime group usually referred to as the ‘Red Brigade’ who were in black for the event, the colour of ‘black gold’ crude oil.
Also inside the museum were number of workshops and performances by ‘BP or not BP’ including protests calling for the return of stolen artifacts including the Parthenon marbles, and an indigenous campaigner from Free West Papua spoke about BP’s collusion with the Indonesian regime in denying his people their freedom – this is just one of a number of countries around the world where BP sides with repressive governments.
I left the museum at the end of the main performance in the museum’s great hall along with most of the 1500 protesters, but a small group remained there overnight making a new exhibit for the museum using plaster casts of limbs.
More pictures at BP Must Fall! on My London Diary.