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History of British Petroleum: Part I
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(Part one of a three-part series excerpted from Chapter 1: David Rockefeller & the Shah of IranBig Oil & Their Bankers…)

In 1872 British Baron Julius du Reuter was granted an exclusive 50-year mining and communications concession in Persia by that country’s Peacock Throne monarchy.  By 1921 the British government had installed Shah Mohammed Reza Khan in a palace coup.  With their puppet in place, du Reuter’s firm, one of the British Empire’s most important tentacles, busied itself exploiting the rich oil reserves of Iran.

The Anglo-Persian Oil Company grew swiftly, first changing its name to Anglo-Iranian Oil, and later becoming British Petroleum (BP).  During the last two decades of the 20th century BP speeded its global expansion, absorbing Britoil and Standard Oil of Ohio during the 1980’s, then swallowing up Amoco and Atlantic Richfield (ARCO) in the late 1990’s.

In 1991 Russia earned $13 billion in hard currency from oil exports.  In 1992, IMF puppet Boris Yeltsin announced that Russia’s world leading 9.2 billion barrel/day oil sector would be privatized.  Sixty percent of Russia’s Siberian reserves had never been tapped.

In 1993 the World Bank announced a $610 billion loan to modernize Russia’s oil industry, by far the largest loan in the bank’s history.  World Bank subsidiary International Finance Corporation bought stock in several Russian oil companies and made an additional loan to the Bronfman family’s Conoco for its purchase of Siberian Polar Lights Company.

The main vehicle for international banker control over Russian oil would be Lukoil, initially 20%-owned by BP and Credit Suisse First Boston.  A handful of Zionist Russian oligarchs with Israeli passports, collectively known as the Russian Mafia, owned the rest of Lukoil, which partnered with the Four Horsemen in oil and gas developments throughout the country involving staggering amounts of capital.

These included Sakhalin I, a $15 billion Exxon Mobil venture, and Sakhalin II, a $10 billion deal led by Royal Dutch/Shell, which includes Mitsubishi, Mitsui and Marathon Oil as partners.  Siberian developments were even larger.

RD/Shell was a 24.5% partner in Uganskneftegasin, which controlled a huge Siberian natural gas field.  At Priobskoye, BP Amoco operated a $53 billion project, while at Timan Pechora on the Arctic Ocean a consortium made up of Exxon Mobil, Chevron Texaco, BP Amoco and the Norwegian Norsk Hydo ran a $48 billion venture.

In November 2001 Exxon Mobil announced plans to invest another $12 billion in an oil and gas project in the Russian Far East, while RD/Shell announced an additional $8.5 billion investment in its Sakhalin Islands concessions.  BP Amoco made similar proclamations.

In 1994 Lukoil pumped 416 million barrels of oil making it fourth largest producer in the world after RD/Shell, Exxon Mobil and its majority-owner BP Amoco.  Its 15 billion barrels in crude reserves rank second in the world to only Royal Dutch/ Shell.  Lukoil also owns 26% of the strategic Russian Black Sea port at Novorrossiysk.

In 1991 Russia earned $13 billion in hard currency from oil exports.  In 1992, IMF puppet Boris Yeltsin announced that Russia’s world leading 9.2 billion barrel/day oil sector would be privatized.  Sixty percent of Russia’s Siberian reserves had never been tapped. In 1993 the World Bank announced a $610 billion loan to modernize Russia’s oil industry, by far the largest loan in the bank’s history.

The Soviet Caucasus, with encouragement from western intelligence, soon split from Russia.  The map of Central Asia was re-written as Kazakhstan, Uzbekistan, Tajikistan, Turkmenistan, Kyrgyzstan, Armenia, Azerbaijan, Ukraine and Georgia declared their independence.  Oil industry privatizations were quickly announced in these new Central Asian Republics, which border the vast Caspian Sea oil and gas reserves.  Already in 1991, Chevron was holding talks with Kazakhstan.

The Central Asian Republics quickly became the largest recipients of USAID aid, as well as ExIm Bank, OPIC and CCC loans.  Azerbaijan, Turkmenistan and Kazakhstan were especially favored, since these countries, along with Iran and Russia, comprise the shoreline of the Caspian Sea.

The Free Trade Institute and the US Chamber of Commerce sent officials to train Kazakhs in the finer arts of global capitalism.  The Four Horsemen moved in swiftly, with Chevron Texaco laying claim to the biggest prize, the $20 billion Tenghiz oilfield, along with one at Korolev.

Exxon Mobil signed a deal to develop an offshore concession in the Caspian.  Tengizchevroil came to be 45%-owned by Chevron Texaco and 25%-owned by Exxon Mobil.  Bush the Lesser NSA and later Secretary of State Condoleezza Rice, an expert on Central Asia, sat on the board at Chevron, alongside former Reagan Secretary of State and Bechtel insider George Schultz, from 1989-92.  Condie later had a Chevron oil tanker named after her.

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Across the Caspian Sea, Azerbaijan was receiving hundreds of millions of dollars in US aid.  BP Amoco led a consortium of seven oil giants who spent an initial $8 billion to develop three concessions off the coast of the Azerbaijani capital Baku, which had been the base camp of Big Oil in the region before the Bolsheviks overran it in 1917.  BP Amoco and Pennzoil (now part of Royal Dutch/Shell) took control of the Azerbaijan Oil Company, whose board of directors included former Bush Sr. Secretary of State James Baker.

In 1991 Air America super spook Richard Secord showed up in Baku under the cover of MEGA Oil.  Secord & Co. did military training, sold Israeli arms, passed “brown bags filled with cash” and shipped in over 2,000 Islamist mercenaries from Afghanistan with help from Taliban supporter Gulbuddin Hekmatyar.  Afghan heroin began flooding through Baku.  Russian economist Alexandre Datskevitch said that of 184 heroin labs police discovered in Moscow in 1991, “Every one of them was run by Azeris, who use the proceeds to buy arms for Azerbaijan’s war against Armenia in Nagorno-Karabakh”.

A Turkish intelligence source claims that Exxon and Mobil were behind the 1993 coup against elected President Abulfaz Elchibey.  Secord’s Islamists helped, while Osama bin Laden set up an NGO in Baku as a base for attacking the Russians in Chechnya and Dagestan.  A more pliant Azeri President Heidar Aliyev was installed and by 1996, at the behest of Amoco’s president, he was invited to the White House to meet President Clinton, whose NSA Sandy Berger held $90,000 worth of Amoco (now BP) stock.

Bush the Lesser NSA and later Secretary of State Condoleezza Rice, an expert on Central Asia, sat on the board at Chevron, alongside former Reagan Secretary of State and Bechtel insider George Schultz, from 1989-92.  Condie later had a Chevron oil tanker named after her.

In 2003 the Defense Department proposed a $3.8 million military training grant for Azerbaijan as part of the war on terror.  Later they admitted it was to protect US access to oil.  As author Michael Klare put it, “Slowly but surely, the US military is being converted into a global oil-protection service”.

With the Four Horsemen firmly in charge of Caspian Sea reserves, the Caspian Pipeline Consortium was born.  Chevron Texaco took a 15% stake with the other three Horsemen and BP-controlled Lukoil splitting the rest.  The Caspian pipeline was built by Bechtel in partnership with GE and Willbros Group.  The pipeline quietly began moving oil and gas in November 2001, just two months after 911.

The Bush Administration then even more quietly planned a series of additional Caspian Sea pipelines to compliment the Tenghiz-Black Sea route.  A Baku-Tblisi-Ceyhan pipeline was built by a Four Horsemen consortium led by BP Amoco.  The law firm representing the BP consortium was James Baker’s family law firm, Baker Botts.  The BP Amoco pipeline runs the length of the country of Georgia through its capital Tblisi.

In February 2002, the US sent 200 military advisors and attack helicopters to Georgia to “root our terrorism”.  Rather ironic since in September 2002 Russian Foreign Minister Igor Ivaniov accused Georgia, a staunch US ally, of harboring Chechen rebels.  In October 2003 Georgian President Eduard Schevardnadze was forced to step down in a bloodless revolution.  According to a December 11, 2003 article on the World Socialist Party website, the CIA backed the coup-plotters.

[gazpipeline]In September 2004 hundreds of Russian school children were killed when Chechen separatists seized their school building.  Russian President Vladimir Putin said of the incident, “Certain political circles in the West want to weaken Russia, just like the Romans wanted to weaken Carthage.”  He accused “foreign intelligence services” of complicity in the attacks.  His advisor Aslanbek Aslakhanov went further, stating on Russian Channel 2 news, “The men had their conversations not within Russia, but with other countries.  They were led on a leash.  Our self-styled friends have been working for several decades to dismember Russia… (they are the) puppeteers and are financing terror.”  Russia’s KM News ran the headline, “School Seizure was Planned in Washington and London”.

The BP-controlled Lukoil epitomizes the corruption so rampant in Russia since the Soviet collapse.  Bribery is a regular feature of Lukoil deals.  The company has given luxury jets to the mayor of Moscow, the head of Gazprom (the state-owned natural gas monopoly) and Kazakhstan President Nazarbayev.

According to Kurt Wulff of the oil investment firm McDep Associates, the Four Horsemen, romping in their new Far East pastures, saw asset increases from 1988-94 as follows: Exxon Mobil-54%, Chevron Texaco-74%, Royal Dutch/Shell-52% and BP Amoco-54%.  The Four Horsemen more than doubled their collective assets in six years while Russia was plunged into two decades of poverty.


Dean Henderson is the author of four books: Big Oil & Their Bankers in the Persian Gulf: Four Horsemen, Eight Families & Their Global Intelligence, Narcotics & Terror NetworkThe Grateful Unrich: Revolution in 50 CountriesStickin’ it to the Matrix and Das Kartell der Federal Reserve.



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History of British Petroleum: Part II

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In 1928, Sir John Cadman of BP held a little meeting at his Achnacarry, Scotland castle.  In attendance were Sir Henry Deterding of Royal Dutch/Shell, later an avid supporter of Adolf Hitler; Walter Teagle of Exxon, who later shipped chemicals to the Nazis; and William Mellon of Gulf Oil, which is now part of the ChevronTexaco abomination.

The Achnacarry Agreement divided the world’s oil reserves among the Four Horsemen (see my book, Big Oil & Their Bankers..&nbsp[wink].  BP and Shell, the Rothschild faction of the Horsemen, took over the Iraqi Petroleum Company and the Iranian Consortium, while Exxon, Mobil, Chevron, Texaco and Gulf Oil, the Rockefeller wing of the Horsemen, became Saudi ARAMCO.  By 1949, BP and RD/Shell controlled 52% of Middle East oil, while the American Horsemen controlled 42%.

Between 1931-1933 this Cartel ruthlessly cut the price of East Texas crude from $.98/barrel to $.10/barrel, ruining many independent Texas wildcatters.  Those who survived were put under a strict production quota system which still exists today.  Meanwhile the Cartel moved its operations to the cheap labor pastures of theMiddle East, putting thousands of US oil workers out of jobs in Texas and Louisiana.  US taxpayers have been funding Middle East wars for these welfare oil barons ever since.  If you want to blame someone for our dependence on foreign oil, blame BP and the their Cartel pals.

BP bought Amoco, then Arco in 1999, becoming a 72% owner of the Alaskan Pipeline.  In late 1998 a series of BP emails revealed plans to “short the West Coast market”,  by diverting US oil to Asia.  The company wanted to create “West Coast uplift scenarios” and gouge US consumers.  In late June 2006 BP was accused of trying to corner the US propane market.  BP is also one of the world’s biggest bauxite producers, with big mines in Jamaica.

BP has interlocking board directorates with British old money companies such as Hudson Bay, Kleinwort Benson, Jardine Matheson, HSBC & P & O Nedlloyd Shipping- the world’s biggest port operator.  The Warburg-family controlled Deutsche Bank, JP Morgan Chase and Wells Fargo are large share holders, along with theRothschilds and the European royals.

[page9_blog_entry0_212]British Petroleum, formerly known as first Anglo-Persian Oil and then Anglo-Iranian Oil, hatched Operation Ajax in 1953, employing CIA, Israeli Mossad and British M16 agents to overthrow the democratically elected government of Mohamed Mossadegh in Iran.  This event lies at the root of US/Iranian tension still today.

In Columbia, BP has been implicated with funding the right-wing death squads that terrorize that nation.  In the late 1990′s it was BP which was given the majority stake in the formerly nationalized Russian oil company Lukoil.  BP’s assets quadrupled, while Russia was robbed of its oil resources and spun into a severe financial crisis.  And it was BP who offloaded its toxic cleanup liabilities via its ARCO subsidiary at Milltown, MT onto US taxpayers when that badly polluted area was made into a Superfund site.

BP is one of four gigantic oil companies which now control the global oil industry from well-head to gas nozzle.  In my book, Big Oil & Their Bankers in the Persian Gulf… I call them the Four Horsemen.  They are BP Amoco, ExxonMobil, Chevron Texaco and Royal Dutch/Shell.

After decades of merger-mania, these Four Horsemen, owned largely by the Rockefeller and Rothschild families and European nobility, have not only vertically integrated the oil industry, but have horizontally integrated the entire energy sector, since they are also the biggest owners of coal, methane and natural gas on the planet.

BP is the biggest deep water driller in the world.

As for US energy policy, it’s time to break up Big Oil and launch a US Energy Company under the Department of Energy – with a focus on alternative energy production.  If the 2010 BP Gulf of Mexico fiasco wasn’t a wake up call, then consider the economic thoughts of one Daniel Webster:

“The freest government cannot long endure when the tendency of the law is to create a rapid accumulation of property in the hands of a few, and to render the masses poor and dependent”.



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History of British Petroleum: Part III: Free Lunch for Big Oil

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On that now infamous day of April 20, 2010, BP’s Deepwater Horizonrig was flying the flag of the Marshall Islands in our Gulf of Mexico, so that the rig’s owner Transocean could dodge its US tax bill.

By 1999, the company had already moved its headquarters from Houston to the Cayman Islands to ditch the tax man. In 2008 Transocean, having merged with Global Santa Fe, settled into Zug, Switzerland. While the company now employs 1,300 people in Houston and only a dozen in Zug, the tax haven moves have saved the company some $1.8 billion since 1999.

Global Santa Fe was the company which Iraq had accused of drilling horizontally into its huge Ramallah oil field in 1990 from Kuwaiti territory, an act which precipitated Saddam’s invasion of Kuwait and culminated in theGulf War.

According to the New York Times, BP was also receiving a $225,000 per day federal tax break for leasing the Deepwater rig from Transocean – a 70% write off. According to government reports, Big Oil receives $4 billion in such tax breaks annually, while having spent $340 million on lobbyists since 2008 to buy the votes of pathetic Congressmen. But what else is new?

Enron paid no federal income tax in four of the five years from 1996-2000, then was eligible for a $382 million tax refund under the Bush tax plan. Just before 911, the Enron glitterati having pawned off all their shares onto unsuspecting widows and orphans and state pension funds, Ken Lay’s (biggest contributor to Bush the Lesser’s political career) company went bust.

The company – aided and abetted by the biggest Wall Street banks through the LJM2 partnership, had 692 subsidiaries in the Cayman Islands and hundreds more in the equally drug-money-infested and British-Crown-controlled Turks & Caicos. Enron declared its profits in tax haven jurisdictions and its losses in the US, a common practice of multinational corporations.

An October 2000 study conducted by Citizens for Tax Justice showed that 24% of Fortune 500 companies paid no federal income taxes for 1998. A 2010 study by the same group showed Exxon Mobil and Bank of America among corporations who paid no federal taxes in 2009. GE got a tax rebate from Uncle Sam.

Enron paid no federal income tax in four of the five years from 1996-2000, then was eligible for a $382 million tax refund under the Bush tax plan.

To his credit President Obama has gone after Union Bank of Switzerland (UBS), forcing them to identify tax evaders who have accounts with them. A broader net now needs casting over the entire global system of offshore tax havens, which one cannot help but notice is organized from the City of London.

[tax-havens]The London-controlled Eurodollar market is a convenient vehicle for recycling the huge slush fund of petrodollars from mostly Middle Eastern countries generated by the Four Horsemen.  A Eurodollar is simply any convertible currency existing in a country other than its country of origin.  A key feature of the Eurodollar market is its lack of regulation and secrecy.

Major offshore banking centers such as the Cayman Islands, the Bahamas, Bermuda, Turks & Caicos, Antigua, the Isle of Jersey, the Isle of Man, Dubai and Liberia all fell under British Crown control.  The House of Windsor warrants every Freemason lodge in the world, employing the secrecy which the “craft” affords in conducting Black Nobility endeavors such as drug trafficking.

The strength of the British pound, unjustified on purely economic grounds, is tied to the multi-trillion petrodollar slush fund which London attracts, in tandem with the ocean of cash attracted by the string of British Protectorate off-shore banking centers which facilitate the Eurodollar trade and markets for narcotics, diamonds, gold, platinum, plutonium and arms.

Congress should pass a simple law barring companies and their wealthy shareholders from using these tax havens if they wish to continue doing business in the US. If you want to do business here, deposit your money here, declare the profits you earned here and pay the taxes you owe on those oft-subsidized profits.

The US is far and away the biggest marketplace on the planet, so the right-wing notion that this would somehow “scare away investors” is laughable. Those who refuse to abide by this law can surrender their passports as they board the deportation planes to Iraq and Afghanistan.  Bring your own automatic weapons, boys.



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