Royal Dutch Shell in the context of "Ogoni people"

Mary Elizabeth Truss (born 26 July 1975) is a British politician who was Prime Minister of the United Kingdom and Leader of the Conservative Party from September to October 2022. On her fiftieth day in office, she stepped down amid a government crisis, making her the shortest-serving prime minister in British history. The member of Parliament (MP) for South West Norfolk from 2010 to 2024, Truss held various Cabinet positions under three prime ministers—David Cameron, Theresa May and Boris Johnson—lastly as foreign secretary from 2021 to 2022.

Truss studied philosophy, politics and economics at Merton College, Oxford, and was the president of the Oxford University Liberal Democrats. In 1996, she joined the Conservative Party. She worked at Royal Dutch Shell and Cable & Wireless and was the deputy director of the think tank Reform. After two unsuccessful attempts to be elected to the House of Commons, she became the MP for South West Norfolk at the 2010 general election. As a backbencher, she called for reform in several policy areas including the economy, childcare and mathematics in education. Truss co-founded the Free Enterprise Group of Conservative MPs and wrote or co-wrote a number of papers and books, including After the Coalition and Britannia Unchained.

The Brunei revolt (Malay: Pemberontakan Brunei) or the Brunei rebellion of 1962 was a December 1962 insurrection in the British protectorate of Brunei by opponents of its monarchy's proposed inclusion in the Federation of Malaysia. The insurgents were members of the TNKU (North Kalimantan National Army), a militia supplied by Indonesia and linked to the left-wing Brunei People's Party, which favoured a North Borneo Federation. The TNKU began co-ordinated attacks on the oil town of Seria (targeting the Royal Dutch Shell oil installations), on police stations, and on government facilities around the protectorate. The revolt began to break down within hours, having failed to achieve key objectives such as the capture of Brunei Town and Sultan Omar Ali Saifuddien III. The revolt influenced the Sultan's 1963 decision not to join Malaysia. It is seen as one of the first stages of the Indonesia–Malaysia confrontation.

From the mid-1980s to September 2003, the inflation-adjusted price of a barrel of crude oil on NYMEX was generally under $25/barrel. Then, during 2004, the price rose above $40, and then $60. A series of events led the price to exceed $60 by August 11, 2005, leading to a record-speed hike that reached $75 by the middle of 2006. Prices then dropped back to $60/barrel by the early part of 2007 before rising steeply again to $92/barrel by October 2007, and $99.29/barrel for December futures in New York on November 21, 2007. Throughout the first half of 2008, oil regularly reached record high prices. Prices on June 27, 2008, touched $141.71/barrel, for August delivery in the New York Mercantile Exchange, amid Libya's threat to cut output, and OPEC's president predicted prices may reach $170 by the Northern summer. The highest recorded price per barrel maximum of $147.02 was reached on July 11, 2008. After falling below $100 in the late summer of 2008, prices rose again in late September. On September 22, oil rose over $25 to $130 before settling again to $120.92, marking a record one-day gain of $16.37. Electronic crude oil trading was temporarily halted by NYMEX when the daily price rise limit of $10 was reached, but the limit was reset seconds later and trading resumed. By October 16, prices had fallen again to below $70, and on November 6 oil closed below $60. Then in 2009, prices went slightly higher, although not to the extent of the 2005–2007 crisis, exceeding $100 in 2011 and most of 2012. Since late 2013 the oil price has fallen below the $100 mark, plummeting below the $50 mark one year later.

As the price of producing petroleum did not rise significantly, the price increases have coincided with a period of record profits for the oil industry. Between 2004 and 2007, the profits of the six supermajors – ExxonMobil, Total, Shell, BP, Chevron, and ConocoPhillips – totaled $494.8 billion. Likewise, major oil-dependent countries such as Saudi Arabia, the United Arab Emirates, Canada, Russia, Venezuela and Nigeria have benefited economically from surging oil prices during the 2000s.