Supermajor influence dwindling

BP chairman Carl-Henric Svanberg used the company's AGM last Thursday to challenge perceptions about the industry: the world's oil supermajors are anywhere near as influential as many believe nor are fossil fuels the big contributors to climate change as many think.

The influence of the movements by supermajors have been brought to the fore in the past week with Royal Dutch Shell's $90 billion offer for UK rival BG Group setting tongues wagging about who will be


Most read Region