On August 28, 1928, in the Scottish highlands, began the secret story of oil.

Three men had an appointment at Achnacarry Castle – a Dutchman, an American and an Englishman.

The Dutchman was Henry Deterding, a man nicknamed the Napoleon of Oil, having exploited a find in Sumatra. He joined forces with a rich ship owner and painted Shell salesman and together the two men founded Royal Dutch Shell.

The American was Walter C. Teagle and he represents the Standard Oil Company, founded by John D. Rockefeller at the age of 31 – the future Exxon. Oil wells, transport, refining and distribution of oil – everything is controlled by Standard oil.

The Englishman, Sir John Cadman, was the director of the Anglo-Persian oil Company, soon to become BP. On the initiative of a young Winston Churchill, the British government had taken a stake in BP and the Royal Navy switched its fuel from coal to oil. With fuel-hungry ships, planes and tanks, oil became “the blood of every battle”.

The new automobile industry was developing fast, and the Ford T was selling by the million. The world was thirsty for oil, and companies were waging a merciless contest but the competition was making the market unstable.

That August night, the three men decided to stop fighting and to start sharing out the world’s oil. Their vision was that production zones, transport costs, sales prices – everything would be agreed and shared. And so began a great cartel, whose purpose was to dominate the world, by controlling its oil.

Four others soon joined them, and they came to be known as the Seven Sisters – the biggest oil companies in the world.

In the first episode, we travel across the Middle East, through both time and space.

We waged the Iran-Iraq war and I say we waged it, because one country had to be used to destroy the other.

– Xavier Houzel, an oil trader

Since that notorious meeting at Achnacarry Castle on August 28, 1928, they have never ceased to plot, to plan and to scheme.

Throughout the region’s modern history, since the discovery of oil, the Seven Sisters have sought to control the balance of power.

They have supported monarchies in Iran and Saudi Arabia, opposed the creation of OPEC, profiting from the Iran-Iraq war, leading to the ultimate destruction of Saddam Hussein and Iraq.

The Seven Sisters were always present, and almost always came out on top.

Source: Aljazeerah

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4 COMMENTS

  1. Ati “as if they were black”, in short black is shiiit, its ok to treat them as low class citizens of the world. and these words are coming from a professor in a british university. where are those !d!ots who thought me a racist when i said dont trust umusungu and his offspring. i repeat, the whites know their own. its about time we also knew our own and stopped this id!ocy of being fair to everyone even those who oppress us. only those who have not studied history in detail can go out trust the foreigner. As for me nabandi, i stand for every african even those who call me names.

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    • I love it when people get caught out by their own words… dumbo let that slip out so naturally…

      That said it doesn’t mean I stomp on everyone around me and become the judge and jury of their ‘blackness’ (although that might be thoroughly entertaining for my inner child). Kinda like blaming the kids during Victorian times for colonialism. Seems to me the ‘greedy devil’ hated his own kids and when not sending them down mines and chimneys or sending them off to populate other lands because his island was too full… he had the privilege of turning them in to a lower class than himself coz… it has always been about economy over race. He still needs those lower class kids to go fight his dirty wars…

      I don’t trust weak characters (mostly politicians)… case in point there has to…

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  2. … be a weak character for ‘musungu and his offspring’ to corrupt, right?

    And you of all people know how divide and conquer keeps us from fighting the common enemy TOGETHER. It’s so easy to fall in to the trap and do what ‘they’ do. Tar every one with the same brush. The intended pun lies inside their coded language…

    Weapons down. There is too much evidence that we increasingly seem unable to find the spark that resists greed for shiny objects and dominance over others. Eventually we will do nothing but fight each other while the next generation of greed mongers will sell their BS to our kids.

    By the way there is a lot of ‘truth’ out there. The greedy enjoy funding their own myths…

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