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BP and all that. How's BP doing these days?
Oh no, I believe OP is referring to the standard oil company from the 1800's.
The founding members of IOP included British Petroleum (40%), Gulf Oil (8%), Royal Dutch Shell (14%), and Compagnie Française des Pétroles (later Total S.A., 6%). The four Aramco partners—Standard Oil of California (SoCal, later Chevron), Standard Oil of New Jersey (later Exxon), Standard Oil Co. of New York (later Mobil, then ExxonMobil), and Texaco—each held an 8% stake in the holding company.
This group of companies at various stages came to be known as the Supermajors or the “Seven Sisters” or the “Consortium for Iran” cartel and dominated the global petroleum industry from the mid-1940s to the 1970s. Until the oil crisis of 1973 the members of the Seven Sisters controlled around 85% of the world’s known oil reserves.
The Consortium Agreement of 1954
originally posted by: lordcomac
Standard oil!
I've seen some documentaries on YouTube but all the important details were likely erased by now.
Curious to see what the board can come up with.
a reply to: Justoneman
But it needs more electricity to make than you can get from burning the fuel it produces.