Quick copy and paste, but amazing statistics......from controlling 85% and now 10%.
The new 7 sisters are named below
At the end of the 1960s, the Seven Sisters, the major oil companies, controlled 85 percent of the world's oil reserves. Today, they control just 10 percent.
New hunting grounds are therefore required, and the Sisters have turned their gaze towards Africa. With peak oil, wars in the Middle East, , Africa is the oil companies' new battleground.
- Saudi Aramco (Saudi Arabia)
- China National Petroleum Corporation (China)
- Gazprom (Russia)
- National Iranian Oil Company (Iran)
- Petrobras (Brazil)
- PDVSA (Venezuela)
- Petronas (Malaysia)
EXXON gearing for Acquisitions, page-4
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