Reuters  Nov 25  Comment 
BP has agreed to buy 10 percent of Eni's Shorouk concession offshore Egypt, which includes the giant Zohr gas field, for $375 million, joining other oil majors in...
Reuters  Nov 23  Comment 
Angola's state oil company Sonangol has amassed hundreds of millions of dollars in debts and deferred payments to oil majors and contractors while its new chief, Isabel dos Santos, attempts to reform its operations.
Financial Times  Nov 22  Comment 
Oil major says lawsuits over Niger Delta pollution should be heard in African country
OilVoice  Nov 21  Comment 
The oil gas industry is known for being cyclical however the current reality of a lower for longer oil price has made sanctioning large offshore projects financially unviable. Many oil majors ha
Reuters  Nov 11  Comment 
Russia's top oil producer Rosneft reported strong cashflow on Friday, strengthening its position for a continuing acquisition drive despite a worse than expected 77 percent decline in third-quarter net profit.
Reuters  Nov 10  Comment 
Angolan state oil company Sonangol and its partners including oil major Chevron have started production at the Mafumeira Sul oil field with an initial output of 10,000...
Forbes  Nov 8  Comment 
Another Australian energy project is hemorrhaging red, with U.S.-based oil major Chevron recently announcing that its Wheatstone gas project was now $5 billion over budget, adding to a long line of budget blow outs and questionable decisions made...
Reuters  Nov 4  Comment 
Some of the world's biggest oil companies, including Saudi Aramco and Royal Dutch Shell, pledged on Friday to invest $1 billion to help fight climate change as a global deal to wean the world off fossil fuels came into force.
Reuters  Nov 2  Comment 
Top oil companies including Saudi Aramco and Shell are joining forces to create an investment fund to develop technologies to promote renewable energy, as they seek an active role in the fight against global warming, sources said.


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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