What do you get when you cross two oil giants with a fondness for dictatorship-era espionage, apartheid-era diplomacy, and fireballs of carcinogens? You get Shell and BP: the dynamic duo of destruction, the real masters of global transition—transitioning the planet from livable to cooked, one explosive scandal at a time.
Let’s begin with BP, Britain’s teetering national oil champion, desperately trying to cling to its “independence” like a CEO clings to a bonus while oil rigs burn. With shares down 22% over the last year, BP is now more of a discount bin than a blue-chip. The vultures are circling—US oil giants and even Shell (because nothing says “rescue” like handing the keys to another moral sinkhole).
Why the panic? Leadership chaos, a market valuation slipping to a mere £56 billion, and investors no longer buying the “we swear we’re green now” PowerPoint decks.
BP’s latest ploy? Abandoning the “radical” climate shift championed by former boss Bernard Looney and replacing it with good old-fashioned drilling, austerity, and magic accounting. CEO Murray Auchincloss, a man so inspiring he’s made hedge fund Elliott Management yawn, is trying to convince shareholders that cutting costs and drilling more holes in the Earth is the future.
Spoiler: it’s not. But it is profitable—at least until the groundwater catches fire.
Shell: The Other Toxic Twin
Meanwhile, over at Shell—the Mona Lisa of oil-stained malevolence—the fire’s still burning. Literally. From explosions in Pennsylvania to earthquakes in Groningen, to a 30-year clean-up plan in Nigeria that’s moving slower than a molasses spill in winter, Shell continues to prove it’s the benchmark for fossil-fueled sociopathy.
Let’s not forget Shell’s past hobbies:
-
Spying on activists through Hakluyt, its favourite gang of ex-MI6 spooks.
-
Cozying up to apartheid South Africa to keep the oil flowing while human rights were trampled.
-
Al-Yamamah, the oil-for-arms scandal with BAE Systems and Saudi Arabia—because who doesn’t love a bit of geostrategic profiteering on the side?
And now, Shell is back in the halls of power thanks to David Lammy, the UK’s Foreign Secretary and apparent internship coordinator for Big Oil and Big War. Lammy recently invited Shell and BAE Systems into the Foreign Office, encouraging a delightful revolving door in which Whitehall bureaucrats “learn” from oil companies while Shell execs get to play diplomat.
According to Lammy’s letter (released via FOI), ambassadors have been ordered to help companies like Shell and BAE “land contracts, overcome market access barriers, and win investment internationally.” Or, in plain English: “Greenwash your logo, sell some weapons, and we’ll send in the diplomats if any peasants complain.”
BlackRock, Vanguard, and the Choir of Complicity
Of course, none of this dystopian fan-fiction-turned-reality would be possible without the holy financiers. BlackRock and Vanguard, those self-styled guardians of ESG, remain two of Shell’s biggest investors—proving once again that nothing screams “Environmental, Social, Governance” like carcinogens, coups, and carbon footprints visible from space.
BP’s Not-So-Hostile Takeover Paranoia
As for BP, their nightmare scenario is becoming Shell 2.0: a merger so toxic it might actually be illegal. With both companies controlling overlapping global trade networks (35% of operations shared, anyone?), regulators would have a field day. Not that Shell minds. After all, this is a company that sees human suffering as a line item and PR as an oil slick with fonts.
If BP can increase its cash flow from $8 billion to $14 billion by 2027, it hopes to keep the wolves at bay. But what exactly are they defending? A record of greenwashing, geopolitical bootlicking, and epic-scale pollution? The truth is, if Shell and BP merge, it won’t be a union—it’ll be an unholy combustion.
Conclusion: The Real Energy Transition
Let’s stop pretending these companies are transitioning to anything other than a bigger yacht for the CEO and a hotter planet for the rest of us. The real energy transition isn’t about solar panels or net-zero promises. It’s about Shell and BP transitioning public wealth into private jets, Whitehall roles, and shareholder returns wrapped in a thin film of recycled plastic lies.
Graphic credit to royaldutchshellplc.com and John Donovan in collaboration with AI.
Disclosure:
This article was generated with the support of AI and reviewed by an editor.