RECENT NEWS
Wall Street Journal  11 hrs ago  Comment 
Nigeria’s cash-strapped government is suing some of the world’s biggest oil companies on claims they were involved in illegally exporting $12.7 billion of the country’s crude to the U.S. between 2011 and 2014.
Reuters  Sep 26  Comment 
Russian oil majors Rosneft and Gazprom Neft are raising the share of production from hard-to-recover reserves, to counter declining conventional output, showing the complexities facing producer nations seeking to tackle a global oversupply of crude.
Reuters  Sep 20  Comment 
Italian oil major Eni has delayed the planned $3.4 billion sale of its domestic retail business, sources said, as political uncertainty caused by an upcoming referendum on...
Financial Times  Aug 29  Comment 
Production falls as Beijing eases pressure to increase domestic supply at all costs
Reuters  Aug 26  Comment 
Castrol India Ltd said on Friday it was not aware of any stake sale in the company by Castrol Ltd, a unit of oil major BP Plc, and said recent news reports that such a transaction would take place were based on market speculation.
Forbes  Aug 25  Comment 
Two of China's largest state-owned oil companies, PetroChina and Cnooc, have reported record low earnings as low oil prices continue to roil the global oil industry with little relief in sight.
Reuters  Aug 23  Comment 
Castrol Ltd, a unit of oil major BP Plc, is selling an up to $261 million stake in Castrol India Ltd in a block trade on Wednesday, according to a termsheet seen by Reuters.




 
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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