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Money Morning
Nov 7
Comment
By Jason Simpkins
Managing Editor
Money Morning
Exxon Mobil Corp. (NYSE: XOM) and Royal Dutch Shell PLC (NYSE ADR: RDS.A, RDS.B) on Thursday won the right to develop Iraq's West Qurna-1 oilfield.
The agreement is the third such deal this...
The Economic Times
Nov 6
Comment
GAIL India has started talks with public and private sector oil companies, such as ONGC, Oil India, HPCL, Reliance Industries and Essar Oil, to set up a special purpose vehicle (SPV) for developing an integrated refinery and petrochemicals plant...
BusinessWeek
Nov 4
Comment
Oil companies are finding it harder to resist the huge volume of crude in Iraq, but their change of heart could increase tensions in OPEC
Wall Street Journal
Nov 2
Comment
China National Offshore Oil is considering building battery-changing stations for electric vehicles, part of a broader push by the state-owned oil giant that could give a boost to alternative vehicles in China's huge market.
Upstream Online
Nov 2
Comment
Iraq's Oil Ministry signed an initial agreement today with a consortium led by
Italian oil major Eni to develop the 4-billion-barrel Zubair oilfield.
Upstream Online
Oct 30
Comment
US supermajor Chevron is confident in its ability to exploit shale gas in the
US despite the challenges this type of resource poses for oil major
companies, the head of the company said today.
The Globe and Mail
Oct 30
Comment
Oil major pumps more oil in third quarter in effort to make up for lower crude prices
Reuters
Oct 30
Comment
Oil major BP Plc said it had been censured by U.S. safety regulator Occupational Safety and Health Administration (OSHA) over a 2005 explosion at its Texas City refinery which killed 15 workers.
The Globe and Mail
Oct 29
Comment
Stocks are surging, but some market watchers urge caution. And the latest in retail: Mad Men suits, Real Housewives yoga wear
The Globe and Mail
Oct 29
Comment
Exxon profit falls 68 per cent, Shell cuts 5,000 jobs, Eni lowers production target
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more ▼WIKI ANALYSIS
WIKI ANALYSISTOP 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.
Of the oil majors, the supermajors are international, and were formed in 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):
- Saudi Aramco - Saudi Arabia
- Gazprom - Russia
- China National Petroleum Company - China
- National Iranian Oil Company - Iran
- Petroleos De Venezuela SA - Venezuela
- Petrobras - Brazil
- Petronas - Malaysia
Companies in the Oil & Gas Majors Industry (13)
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