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Friday, February 27, 2026

"We didn't think this would happen to someone complying with the processes that were told to him," said longtime friend Nikhil Delahaye. "We said we could take this moment and panic or really step up to see how we could help him." Mbock has no criminal history, has worked various retail jobs, and has been able to live his life openly as a gay man. Family and friends fear that if Mbock is returned to his native country of Cameroon, he could be targeted because of his sexuality. Under Cameroonian law, sexual relationships between people of the same sex are illegal and can carry prison time. read more


Wednesday, February 18, 2026

As part of their training, the original report in Government Executive says, some callers may express suicidal ideation, and they give examples using a theoretical employee named Fiona. "It's important for Fiona to keep the caller engaged and to remind her that suicide is only one option," the trainer tells the workers in a video. The Government Executive has a copy of the video, it says. Workers receiving the training were shocked and asked for clarification.


Monday, February 16, 2026

Blount County officials have arrested and charged Franc Maloney, a foreign national from Canada, with multiple counts of felony voter fraud. District Attorney Pamela Casey announced that a grand jury indicted Maloney for unlawfully voting in nine state and federal elections, despite not being a U.S. citizen. The elections in question date back to 2017 and include the November 2024 general election and the March 2024 Republican primary election, among others. read more


Sunday, February 15, 2026

Investigators say former police chief David Crawford committed 13 arsons in five Maryland counties over the course of nearly a decade before he was caught in 2021. read more


Saturday, February 14, 2026

Some of the world's most corrupt countries have received huge payments in third-country deportation scheme read more


Comments

So far, oil futures have risen nearly 3% ...
#84 | Posted by LampLighter

That's good for the Investor Class.
More good news?
Stealing Iran's oil is Historically Precedented.


Consortium
With a pro-Western Shah and the new pro-Western Prime Minister, Fazlollah Zahedi, Iranian oil began flowing again and the Anglo-Iranian Oil Company, which changed its name to British Petroleum (BP) in 1954, tried to return to its old position. However, Iranian public opinion was so opposed that the new government could not permit it.

Under pressure from the United States, BP was forced to accept membership in a consortium of companies which would bring Iranian oil back on the international market. BP was incorporated in London in 1954 as a holding company called Iranian Oil Participants Ltd (IOP).[41][42] The founding members of IOP included British Petroleum (40%), Gulf Oil (8%), Royal Dutch Shell (14%), and Compagnie Franaise des Ptroles (now TotalEnergies SE, 6%). The four Aramco partners -- Standard Oil of California (SoCal, later Chevron), Standard Oil of New Jersey (later Exxon), Standard Oil Co. of New York (later Mobil), and Texaco -- each held an 8% stake in the holding company.[41][43] In addition, these companies paid Anglo-Iranian about $90 million for their 60 percent share in the consortium, and a further $500 million, paid out of a ten cent per barrel royalty. The Shah signed the agreement on 29 October 1954, and oil flowed from Abadan the next day. Within a few months each of the American companies contributed 1 percent to Iricon, a consortium made up of nine independent American companies, which included Phillips, Richfield, Standard of Ohio, and Ashland.[6]:476"478

The founding members of the IOP at various stages came to be known as the Supermajors, the "Seven Sisters", or the "Consortium for Iran" cartel, and dominated the global petroleum industry from the mid-1940s to the 1970s.[44][45] Until the oil crisis of 1973, the members of the Seven Sisters controlled around 85% of the world's known oil reserves.

All IOP members acknowledged that the National Iranian Oil Company (NIOC) owned the oil and facilities in Iran, and IOP's role was to operate and manage them on behalf of NIOC. To facilitate that, IOP established two operating entities incorporated in the Netherlands, and both were delegated to NIOC.[41][42] Similar to the Saudi-Aramco "50/50" agreement of 1950,[46] the consortium agreed to share profits on a 50"50 basis with Iran, "but not to open its books to Iranian auditors or to allow Iranians onto its board of directors."[33] The negotiations leading to the creation of the consortium, during 1954"55, was considered as a feat of skillful diplomacy for the Seven Sisters.[43] Some viewed the move as leading to rising tensions with Iran, since it allowed IOP to divert and hide profits with ease -- effectively controlling Iran's share of the profits.
en.wikipedia.org

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