'Each of the five oil majors is controlled by no more than 25 institutional shareholders'

https://www.lemonde.fr/en/opinion/article/2024/08/28/each-of-the-five-oil-majors-is-controlled-by-no-more-than-25-institutional-shareholders_6722836_23.html

OP-ED. Business management professor Robert Bell says that 25 investment funds, mostly American, hold between 38% and 50% of the shares in Chevron, Exxon, Total, BP and Shell, giving them control of these companies and therefore of the energy transition.