By Redbaiter- in the leftist's lexicon, the lowest of the low.

Statoil in Northland- Racism, Separatism, Cronyism, Gangsterism, AKA Socialism

Statoil is 67% owned by the Norwegian government. It wants to carry out an exploration program in NZ’s offshore waters and will meet representatives of the Northern regional council and 22 hapu tomorrow to discuss its plans.

A spokesman for Statoil said it was doing the right thing by talking to individual iwi, and Statoil had been keeping iwi informed continuously about what it was doing. He said the company had been following the normal process of meeting with iwi chairpeople.

“We feel it’s correct to engage with the elected iwi chairperson. That’s how the protocol should be, based on the UN indigenous people protocols.” Well, Statoil has a record concerning such “engagements”.

  • In 2006 Statoil accepted a $ 10.5 million fine for violating the U.S Foreign Corrupt Practices Act.
  • A Statoil consultant and 2 others were tried in November 2011, for having received 7 million Norwegian kroner, in exchange for contracts and payments totaling “several tenfold” of millions of Norwegian kroner.
  • In 2012, a British company (Ecclesiastical Investment) announced that they were selling their stake in Statoil, as a result of perceived unethical practices related to Athabasca oil sands projects.

Large companies like Statoil are a stain upon the oil industry for two main reasons.

  1. They use their financial resources to buy off anyone who obstructs their projects, thereby setting a precedent other companies find hard to follow.
  2. They’re happy to abide by any number of ridiculous and costly govt regulations for they know by encouraging govts in these practices they simultaneously make it very difficult for smaller operators to enter the industry and be profitable.

Greenpeace has accused Statoil officials of “secret meetings” in Wellington and Northland.

One has to wonder what precedents Statoil will be busy setting in its dealings with Northland Iwi, local govt and central govt. It sure as hell is fertile ground for all kinds of murky deals. I doubt much will occur there that will bring the industry any real credit.

5 responses to “Statoil in Northland- Racism, Separatism, Cronyism, Gangsterism, AKA Socialism”

  1. The Gantt Guy Avatar

    I would imagine a little South Seas banana corruptocracy would provide rich and easy pickings for professionals like StatOil, Red. I can just picture them giving the IWI a shipment of beads, muskets and blankets in exchange for leases-in-perpetuity of “their” oil fields!

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  2. Brown Avatar

    If StatOil is as dodgy as you say they will be like peas in a pod with the iwi.

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  3. Redbaiter Avatar

    The thing is guys while govt runs around prosecuting white collar crime and blue collar crime, they do more than turn a blind eye to what could in some ways be called brown collar crime, they actually condone it.

    What occurs with these projects is that groups claiming Maori connection with the area line up to receive “compensation” payments. Or work agreements. And unless they get them they won’t sign off. Without the signed agreements, govt won’t give the projects permission to proceed.

    Its basically a Mafia style operation underpinned by environmental and race based legislation that for its potential to allow extortion should never have entered the statute books. The affected parties can just hold a govt loaded pistol to the heads of the project company, (in this case Statoil).

    Politicians who should be doing something to repair such abusive legislation smile and clap and say everything is dandy. Socialist crooks and cronies lacking the morality and/ or the gonads to correct the situation.

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  4. john Avatar

    And it will get worse.
    The 10 member unelected iwi committee now given statutory recognition for the regional council in Hawkes Bay is openly saying how they want to make decisions on resource allocation.Water in particular.
    Finlayson will want to repeat that situation around the country.

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  5. Redbaiter Avatar

    Its separatism and John Key and the rest of the political class are doing nothing to stop it.

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