RECENT NEWS
Clusterstock  Feb 7  Comment 
Shares in BP dived on Tuesday after the company dropped another downbeat trading upbeat, despite a recent recovery in oil prices. BP's annual profits slumped to their lowest level in at least a decade to $2.59 billion (£2.09 billion), while...
Reuters  Feb 3  Comment 
Oil majors and trading houses are set to ship an unprecedented volume of U.S. crude oil to Asia in coming weeks, boosting already high flows to the region due to higher prices from OPEC production cuts.
The Hindu Business Line  Feb 1  Comment 
Oil stocks like BPCL, HPCL and IndianOil were up as Arun Jaitley has said integrated PSU oil major that will match international and domestic PSU oil & gas majors will be set up. A merger of o...
Reuters  Jan 26  Comment 
China's oil majors are expected to pump up spending in 2017 for the first time in years, scrambling to squeeze more barrels of crude out of ageing domestic wells in the hope that higher prices are here to stay.
Reuters  Jan 23  Comment 
Iraq's oil minister said on Monday that most oil majors working on its territory were participating in oil output reductions agreed as part of the deal between OPEC and non-OPEC producers to help to balance the market.
Reuters  Jan 20  Comment 
* DryShips acquires its first very large gas carrier with a 5 year time charter attached to an oil major
The Economic Times  Jan 19  Comment 
State-owned natural gas major GAIL plans to start a gas distribution pilot in Varanasi and Bhubaneswar by March 2018.




 
TOP CONTRIBUTORS

The oil majors are vertically integrated oil and gas companies involved in all stages of the oil industry - exploration, production, refining, trading, marketing, and, sometimes, transportation.

The supermajors are the six largest non-state owned oil companies, formed during the consolidation of the oil industry during the mid-1990s:

In the middle of the 20th century, the world's most powerful oil companies were known as the "Seven Sisters". On March 11th, 2007, the Financial Times named a "New Seven Sisters" (most of which are state-owned):

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