This is a book review on The Seven Sister by Anthony Sampson. “The Seven Sisters” sorts out the tangled histories of the seven mega-corporations that dominate international oil: Exxon, Gulf, Texaco, Mobil, Socal, BP and Shell.
“The Seven Sisters” sorts out the tangled histories of the seven mega-corporations that dominate international oil: Exxon, Gulf, Texaco, Mobil, Socal, BP and Shell. Their shifting allegiances, Sampson argues, are best understood by remembering that the “sisters” are “basically committees of engineers and accountants preoccupied with profit margins, safeguarding investments, and avoiding taxation.” The interests of the sheikhs of OPEC, media villains at the time Sampson was writing, clearly lie in defending the world the “sisters” have created. Sampson’s analysis stands up well to subsequent events.
The son of a research scientist, Oxford-educated journalist Anthony Sampson writes elegant and exhaustively-researched books about powerful and often secretive elite groups: South Africa’s white leadership, Britain’s ossified elites, a multinational pirate corporation, the world oil industry, the international arms trade, international b-ankers. Without truckling, Sampson is able to get far enough inside such circles to show us how the world looks through their eyes while also providing a wealth of information that makes independent judgment possible.
The book “The Seven Sister” is organized with starting chapter about OPEC the only controlling power of oil industry.
“We have formed a very exclusive club between us we control ninety
percent of crude exports to world markets, and we are now united. We are making history.” Perez Alfonso, 1960.
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