Post #3434176
2026-06-26 11:20 UTC
@mike@sauropods.win
"...most frequently mentioned as supermajors are ExxonMobil, Shell, TotalEnergies, BP, and Chevron with Eni and ConocoPhillips...
As a group, the supermajors control around 6% of global oil and gas reserves. Conversely, 88% of global oil and gas reserves are controlled by the OPEC cartel and state-owned oil companies, primarily located in the Middle East"
So basically, it's all OPEC...
https://en.wikipedia.org/wiki/Big_Oil
Replies (1)
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@precariousmind@neopaquita.es 2026-06-26 23:17
@lpryszcz@genomic.social @mike@sauropods.win however, these corporations control downstream processing and pollution, and mainly they lobby governments. Moreover, historically they originally controlled much of oil production and enhanced the world dependence on fossil fuels.