A four-part series that reveals how a secret pact formed a cartel that controls the world’s oil.
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.
Episode 1 - Desert Storms
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.
Since that notorious meeting at Achnacarry Castle on August 28, 1928, they have never ceased to plot, to plan and to scheme.
Episode 2 – The Black El Dorado
At the end of the 1960s, the Seven Sisters, the major oil companies, controlled 85 percent of the world’s oil reserves. Today, they control just 10 percent.
New hunting grounds are therefore required, and the Sisters have turned their gaze towards Africa. With peak oil, wars in the Middle East, and the rise in crude prices, Africa is the oil companies’ new battleground.
West’s tributes to late Saudi King reveal hypocrisy not democracy 2015-01-27 2:16
Hypocrisy is not usually regarded as a virtue of leadership, yet judging by the gushing tributes paid to Saudi Arabia’s King Abdullah by various Western governments and establishment figures on his death, there are those who believe it should be.
In the UK this hypocrisy has been stretched to breaking point with the decision to fly the flags over Downing ...
Millions of GMO insects could be set loose in Florida Keys 2015-01-27 2:34 Millions of genetically modified mosquitoes could be released in the Florida Keys if British researchers win approval to use the bugs against two extremely painful viral diseases.
Never before have insects with modified DNA come so close to being set loose in a residential U.S. neighborhood.
"This is essentially using a mosquito as a drug to cure disease," said Michael Doyle, executive ...
Furguson Scared The Super - Rich So Bad They're Planning Exits 2015-01-27 0:22
According to a speaker at the World Economic Forum in Davos, Ferguson and Occupy absolutely terrified the world’s super-rich, and now they’re buying airstrips and farms in remote locations to escape to.
At the World Economic Forum in Davos, Switzerland, which was held between January 21-24, over 2,500 leaders in the fields of business, international politics, academia and journalism met to discuss ...
The Ring Of The Nibelungs 2015-01-27 0:20
Dark Kingdom: The Dragon King (also known as Ring of the Nibelungs, Die Nibelungen, Curse of the Ring, and Sword of Xanten) is a 2004 German television film directed by Uli Edel and starring Benno Fürmann, Alicia Witt, Kristanna Loken, and Max von Sydow. The film is based on the Norse mythology story Völsungasaga and the German epic poem Nibelungenlied, ...
Google Street View Shows NAACP Bombing a Hoax 2015-01-26 22:58
Caught in the act: NAACP passing off old soot marks as new in ‘bomb’ hoax
NAACP Colorado Chapter President Henry D. Allen Jr. has been caught in the act of passing off old soot marks as new damage from the recent ‘explosion’ at the Colorado Springs chapter headquarters.
Although Gotnews.com has previously remarked on the minimal damage as reported by the ...