Seven Sisters (oil companies)

This article deals with oil companies. Further names can be found under the definition of Seven Sisters .

Seven oil companies that dominated the global oil market in the 1950s, 1960s and 1970s were referred to as Seven Sisters after the Second World War .

The Seven Sisters formed the following companies:

1. Standard Oil of New Jersey (Esso) - later merged with Mobil to form ExxonMobil .
2. Royal Dutch Shell
3. Anglo-Persian Oil Company (APOC) - later Anglo-Iranian Oil Company (AIOC), then British Petroleum and finally BP Amoco after taking over Amoco (formerly Standard Oil of Indiana). The company now only appears under the abbreviation BP .
4. Standard Oil Co. of New York (Socony) - later Mobil or ExxonMobil (see above)
5. Standard Oil of California (Socal) - This resulted in Chevron , then, through merger with Texaco , ChevronTexaco. In the meantime, the name 'Texaco' has been dropped and the company operates again as Chevron.
6. Gulf Oil - Gulf was broken up in 1984, with the majority going to Chevron, parts to BP and Cumberland Farms .
7. Texaco - joined forces with Chevron (see above).

Of the original seven sisters, there are still four - ExxonMobil, Chevron, Royal Dutch Shell and BP - left, together with ConocoPhillips and the French Total , these are referred to as super majors .

The term is said to go back to the Italian ENI manager Enrico Mattei .

Documentation

• The Secret of the Seven Sisters . 4-part documentation in Al Jazeera English, April 2013, (video, English, approx. 190 min.) (Copy on youtube: 1 , 2 , 3 , 4 )

Individual evidence

1. ^ The new Seven Sisters: oil and gas giants dwarf western rivals . Financial Times. March 12, 2007. Retrieved March 16, 2009.