The new Seven Sisters Even those who only follow the oil industry casually, will know the above reference is steeped in history.
Coined by an angry Enrico Mattei, founder of Italy’s energy group Eni, after World War II, the “Seven Sisters” were: Standard Oil of New Jersey, Royal Dutch Shell, Anglo Persian Oil Company, Standard Oil of New York, Standard Oil of California, Gulf Oil and Texaco. Together, they controlled the vast majority of the world’s oil production and refining at the birth of the modern oil age.*
