The movie Syriana depicts corruptions of the global oil industry. The movie started with Connex, a big oil company in
There are many similar incidents of oil companies merge in real life. For example, Exxon merged with Mobil in a “historic $80 billion deal that reunites fragments for the Standard Oil monopoly” (CNN Money, 1998). Conoco merged with Philips to form ConocoPhilips,
The big oil companies use “merging” with another well known oil company as part of their strategy. This corporate strategy results a better finance, because it helps the growing company grow faster, and creates oil giant in the industry. Also, the name “merger” creates an illusion of security. People feel the merger companies will become wealthier and more stable; therefore, more people are interested in the particular company and thus their long term profitability increases.
In the movie, Connex complete its merger with Killen because the company just lost to the drilling rights in Mid-Eastern. Connex chose Killen because it was attracted to Killen’s drilling rights in
I enjoyed the movie Syriana because the movie portrayed a true identity. The story is interesting where it showed oil, terrorism, money, and power. It also demonstrated humanity and the connection between wealth and power.