Two Green Leaves

Climate Change from the Affected Generation

Top Five Biggest Oil Companies 28 April 2016 | Posted in News

And their controversial aspects

Oil companies. No matter what they say, as a general rule of thumb, oil company is the definition of bad (along with climate change, coal factories, coral bleaching, floods, droughts, collapse of the ecosystem, carbon dioxide, etc).  Today, we’re looking at the five biggest oil companies in the world, and we’re trying to break down what they advertise on their website to find the controversial aspects of the company right on their website, something they probably don’t want you to do. The five largest oil companies, smallest to largest are as follows: Petrochina, ExxonMobil, Iranian Oil Company, Gazprom, and Saudi Aramco. These five companies crank out millions of oil barrels per day, and at some point, that’s hard to cover up.

 

#5: Petrochina

Petrochina is an oil company located in China (that’s in it’s name), and cranks out 4.4 million barrels of oil per day, which is more than 16 billion every year. On their website, they have a post explaining their Health, Safety, and Environment Program (HSE). The HSE is a branch of the company with 100 employees that are all focusing on the health, safety, and environment of the company. 100 employees sounds pretty good, but that’s until you find out that they have 534,652 employees. That is one out of every 5,347 employees! So yes, they have a department for environment, but it’s only 0.005% of the company. So yeah… Good luck on reducing your carbon emissions to 0 while cranking out 4.4 million barrels of oil with 0.005% of the company working on that goal Petrochina!

 

#4: ExxonMobil

ExxonMobil is the fourth largest oil company in the world: producing 5.3 million barrels of oil per day. They advertise that they use natural gas, which produces 50-60% less CO2 than oil, but they only use that in manufacturing, and they don’t say how much they use it (so probably not enough for it to sound good). They also reduced their manufacturing energy by 10%, but again, we have to remember that that is manufacturing, NOT the actual oil. At 30 of their sites, they use cogeneration, which takes excess heat and converts it into electricity. I did some more research about cogeneration, and I found out three things:

  1. Heat is an inefficient way of producing electricity.

  2. Most of the time, the air cools down a lot before the heat is converted to electricity.

  3. This leads to over-advertising the amount of energy they save.

So they may sound like they aren’t a socially responsible company already, but wait until you hear this:

ExxonMobil has funded 69 different climate skeptic organizations that focus specifically on spreading doubt about climate change, giving each millions of dollars. The total amount that they donated was 31 MILLION dollars just to spread doubt about climate change. Rex Tillerson, the CEO of ExxonMobil, and also a climate skeptic said this when talking about climate change: “We believe those consequences will be manageable.” But that’s not all: In the 1970’s and 1980’s, ExxonMobil did a study about climate change. At that time, people knew about climate change, but they didn’t really care because the dangers were not known at the time. What were the results? ExxonMobil knew the real consequences of global warming before anybody else, and they kept on pumping out 5.3 million barrels of oil per day…

So in review, ExxonMobil produces 5.3 million barrels of oil per day, gave 31 million dollars to climate skeptic organizations, knew about the consequences of climate change before anyone else, has a climate skeptic as their CEO, and advertises misleading facts to their customers. Maybe that’s why it says “The risk of climate change is clear and the risk warrants action.” on their website.

 

#3: The Iranian Oil Company

The Iranian Oil Company produces 6.4 million barrels of oil every day. Their website says nothing about the environment, so at this point you know they’re not even trying the slightest bit.

 

#2: Gazprom

Gazprom produces 9.7 million barrels of oil per day, and provides 10% of Russia’s revenue. They advertised for only losing 1% of the oil that goes through their pipelines, but added up, that’s 35,405,000 barrels of oil every year spilling out into the natural environment. They also advertised that their trucks ran off of methane, and for anyone who isn’t a climate activist, that sounds pretty good until you find out that methane smells really bad, can be harmful to inhale in large amounts, and is a greenhouse gas 25 times more potent than carbon dioxide.

 

#1: Saudi Aramco

Saudi Aramco produces 12.5 million barrels per day and does nothing to help reduce their emissions. They have a two page PDF about reducing their carbon dioxide emissions, but it has no information about what they have done to reduce carbon emissions, they just state their plan of how they will achieve their vague goals. They did launch a 2 billion dollar climate change plan in 2001, but their net worth is 1.25 trillion dollars, so that’s 1/625 of the company.

 

I hope you enjoyed this article.

 

~Jeremy

 

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