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7 Sisters - oil companies

Daily chitchat on Somali politics.

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gobdoon
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7 Sisters - oil companies

Postby gobdoon » Wed Apr 17, 2013 6:35 am

Another intresting program from Aljazeera how the big oil companies like BP , mobil , Gulf etc control all the black gold of the world how they pribe and cheat all the way , destroy the environment don't help infrastucture and local peoples where they are distracting oil like the example of Nigeria where the government the millatery and the police are on the side of the big oil companies , but when I seen the program what comes to my mind is it TAKES 2 TO TANGO how come the Gulf region countries are so rich taking care of their populations and their countries , yet none of the African countries Nigeria , Gambia , geni etc are not passing the wealth of their oil to their populations , don't tell me there is no corruption every where one level or another , or is it oil companies are pribing African officials who are taking all the money meant for their population and money is ending up in Swiss bank accounts , US and UK where these countries benefit all the way , first oil companies give small cuts to corrupt officials while drying out countries and then the percentage they give to those officials ends up in their own countries.

original dervish
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Re: 7 Sisters - oil companies

Postby original dervish » Wed Apr 17, 2013 9:23 am

7 sisters have merged to become 3, and they don`t control the majority of the worlds oil.
Venezuela, Saudi Arabia, Iran, Kuwait, UAE, Russia have more than half the worlds known reserves in national hands.


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