The “new seven sisters”, or the most influential energy companies from countries outside the Organization for Economic Co-operation and Development OCDE, have been identified by the Financial Times Newspaper.
They are Saudi
They control almost one-third of the world’s oil and gas production and more than one-third of its total oil and gas reserves. In contrast, the old seven sisters – which shrank to four in the industry consolidation of the 1990s – produce about 10% of the world’s oil and gas and hold just 3% of reserves.
Even so, their integrated status – which means they sell not only oil and gas, but also gasoline, diesel and petrochemicals – push their revenues notably higher than those of the newcomers. This article also said what happen with PEMEX (
