The economy of Brunei, a small and wealthy country, is a mixture of foreign and domestic entrepreneurship, government regulation and welfare measures, and village traditions. It is almost entirely supported by exports of crude oil and natural gas, with revenues from the petroleum sector accounting for over half of GDP. Per capita GDP is high, and substantial income from overseas investment supplements income from domestic production. The government provides for all medical services and subsidizes food and housing. The government has shown progress in its basic policy of diversifying the economy away from oil and gas. Brunei's leaders are concerned that steadily increased integration in the world economy will undermine internal social cohesion although it has taken steps to become a more prominent player by serving as chairman for the 2000 APEC forum. Growth in 1999 was estimated at 2.5% due to higher oil prices in the second half.
The Global Climate Coalition (GCC) (1989–2001) was an international lobbyist group of businesses that opposed action to reduce greenhouse gas emissions and engaged in climate change denial, publicly challenging the science behind global warming. The GCC was the largest industry group active in climate policy and the most prominent industry advocate in international climate negotiations. The GCC was involved in opposition to the Kyoto Protocol, and played a role in blocking ratification by the United States. The coalition knew it could not deny the scientific consensus, but sought to sow doubt over the scientific consensus on climate change and create manufactured controversy.
A fossil fuel is a carbon compound- or hydrocarbon-containing material formed naturally in the Earth's crust from the buried remains of prehistoric organisms, a process that occurs within geological formations. Reservoirs of such compound mixtures, such as coal, petroleum and natural gas, can be extracted and burnt as a fuel for human consumption to provide energy for direct use, to power heat engines that can propel vehicles, or to generate electricity via steam turbine generators. Some fossil fuels are further refined into derivatives such as kerosene, gasoline and diesel, or converted into petrochemicals such as polyolefins (plastics), aromatics and synthetic resins.
ConocoPhillips Company is an American multinational corporation engaged in hydrocarbon exploration and production. It is based in the Energy Corridor district of Houston, Texas.
Woodside Energy Group Ltd is an Australian petroleum exploration and production company. Woodside is the operator of oil and gas production in Australia and also Australia's largest independent dedicated oil and gas company. It is a public company listed on the Australian Securities Exchange and has its headquarters in Perth, Western Australia. In the 2020 Forbes Global 2000, Woodside was ranked as the 1328th-largest public company in the world.
The American Petroleum Institute (API) is the largest U.S. trade association for the oil and natural gas industry. It claims to represent nearly 600 corporations involved in production, refinement, distribution, and many other aspects of the petroleum industry.
The Nigerian National Petroleum Company (NNPC) Limited is a state-owned oil company in Nigeria. Still a fully-owned government company, it was transformed from a corporation into a limited liability company in July 2022. NNPC Limited is the only entity licensed to operate in the country's petroleum industry. It partners with foreign oil companies to exploit Nigeria's fossil fuel resources. The NNPC, with an asset of $153B (USD), is the largest national oil company in Africa. The company boasts of extensive infrastructure and investment in the downstream, midstream and upstream of the Nigerian petroleum industry.
Barry Jones is the former chief executive of the Australian Petroleum Production and Exploration Association (APPEA).
The fossil fuels lobby includes paid representatives of corporations involved in the fossil fuel industry, as well as related industries like chemicals, plastics, aviation and other transportation. Because of their wealth and the importance of energy, transport and chemical industries to local, national and international economies, these lobbies have the capacity and money to attempt to have outsized influence on governmental policy. In particular, the lobbies have been known to obstruct policy related to environmental protection, environmental health and climate action.
Fossil fuel phase-out is the gradual reduction of the use and production of fossil fuels to zero, to reduce deaths and illness from air pollution, limit climate change, and strengthen energy independence. It is part of the ongoing renewable energy transition, but is being hindered by fossil fuel subsidies.
The Oklahoma Energy Resources Board is an agency of the state of Oklahoma. Funded voluntarily by Oklahoma's oil and natural gas producers and royalty owners, the OERB conducts environmental restoration of orphaned and abandoned well sites, encourages the wise and efficient use of energy, and promotes energy education.
BP p.l.c. is a British multinational oil and gas company headquartered in London, England. It is one of the oil and gas "supermajors" and one of the world's largest companies measured by revenues and profits. It is a vertically integrated company operating in all areas of the oil and gas industry, including exploration and extraction, refining, distribution and marketing, power generation, and trading.
The petroleum industry in Western Australia is the largest contributor to the country's petroleum exports. Western Australia's North West Shelf (NWS) is the primary location from which production originates. Oil exports are shipped from Port Hedland.
Volkan Ş. Ediger is a Turkish scientist, writer and bureaucrat. After graduating from the Middle East Technical University, he earned his PhD from the Pennsylvania State University in 1986. His training is in geology, geochemistry, and palynology.
Sultan Ahmed Al Jaber, is an Emirati politician who is the minister of industry and advanced technology of the United Arab Emirates, head of the Abu Dhabi National Oil Company (ADNOC), and chairman of Masdar.
David John Wissler Knox is an Australian oil and gas industry executive and former chief executive officer and managing director of Santos. Knox is originally from Edinburgh, Scotland and is considered to be one of South Australia's most influential people.
John Ellice-Flint is a prominent Australian businessman, petroleum geologist and executive director of Blue Energy.
The 2021–2022 United States House of Representatives investigation into the fossil fuels industry was a year-long investigation conducted by the United States House Committee on Oversight and Reform, concluding in 2022, that examined the actions of major fossil fuels producers, collectively known as "Big Oil", with respect to representations by companies in that group regarding their efforts to move away from fossil fuels as part of an energy transition toward a sustainable future.
Trinidad Petroleum Holdings is a state-owned oil company in Trinidad and Tobago. Its principal activities are the exploration, development, and production of hydrocarbons, operations it conducts through its primary subsidiary, Heritage Petroleum Company Ltd. Trinidad Petroleum Holdings also owns Guaracara Refining Company Ltd, which operates the nation's only petroleum refinery. It also owns the Paria Fuel Trading Company subsidiary, which imports refined petroleum products, and stores and distributes them domestically.
Meg O'Neill is an American business executive and the current chief executive officer (CEO) and managing director of Woodside Energy, Australia's largest oil and gas company.
