Seven Sisters Oil Companies

OBLONG MEDIA

Seven Sisters Oil Companies is a phrase that was made famous by Italian state oil Company ENI Chief and Italian businessmen Enrico Mattei back in the 1950s. Mattei used this phrase disparagingly, which he coined in order to refer to the seven Anglo-American oil companies that had formed the “Consortium for Iran” cartel. They became so powerful that they soon dominated the universe of the worldwide petroleum industry in the years from the mid 1940s through the early 1970s.

The group was made up of seven American and British firms Anglo Persian Oil Company (today’s British Petroleum), Gulf Oil (most of which became part of British Petroleum and the other parts which joined Chevron), Standard Oil of California or SoCal (today’s Chevron), Texaco (later a part of Chevron in a merger), London headquartered Royal Dutch Shell, Standard Oil Company of New Jersey (Esso which became Exxon), and Standard Oil Company…

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